Researcher Takes Desk Analyst Gig

Katie Hostalier, structured finance analyst at Commerzbank Securities in London, has taken on a new role as a desk analyst working with the firm's sales and trading staffers and ceased publishing written research.

  • 15 Apr 2005
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Katie Hostalier, structured finance analyst at Commerzbank Securities in London, has taken on a new role as a desk analyst working with the firm's sales and trading staffers and ceased publishing written research.

Alex MacKay, head of asset-backed research, said Commerzbank's ABS research team is maintaining its existing capacity but is not actively looking to fill Hostalier's publishing spot for now.

New European regulations meant to promote research integrity require banks to physically separate publishing researchers and traders, though desk analysts can offer research-like services to investors and benefit from working with traders as long as the analysts don't publish traditional research. It is unclear if these regulations prompted Hostalier's switch.

  • 15 Apr 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 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%