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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 117,520.50 339 11.05%
2 Bank of America Merrill Lynch 94,721.79 272 8.91%
3 JPMorgan 92,612.23 269 8.71%
4 Wells Fargo Securities 82,597.19 239 7.77%
5 Credit Suisse 69,442.99 183 6.53%