Deutsche Bank's Letica Walks, Reportedly To HSBC

Nicholas Letica, managing director in mortgage-backed securities trading at Deutsche Bank in New York, has left the firm.

  • 27 May 2005
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Nicholas Letica, managing director in mortgage-backed securities trading at Deutsche Bank in New York, has left the firm. He is reportedly headed to take a senior role in MBS trading at HSBC, according to several Wall Street MBS professionals.

At Deutsche Bank, Letica was responsible for the agency collateralized mortgage obligation platform and it is expected he will take on a similar role at HSBC, which has been building up its MBS presence for the last year.

Letica, Todd White, head of MBS at HSBC and Rich D'Albert, head of securitized products at Deutsche Bank, did not return calls.

  • 27 May 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%