BNP Paribas Hires Head Of MBS Trading Desk

Andy McConnell, pass-through trader at RBS Greenwich Capital, started this week at BNP Paribas in New York.

  • 16 Mar 2005
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Andy McConnell, pass-through trader at RBS Greenwich Capital, started this week at BNP Paribas in New York. He joins the French bank as head of pass-through trading, reporting to Zbigniew Ryzak , head of the rates group for North America.

McConnell's hire is one of the most senior ones made by BNP Paribas in recent months, as it has announced plans to build a full-fledged mortgage trading operation and has been staffing up. McConnell referred questions to Edwina Frawley, spokeswoman. "We're continuing to grow the business," she said, noting the desk is up and running and recently hired a team of traders from Freddie Mac's former securities unit, which was shut down last year.  A Greenwich Capital spokesman did not return a call by press time.
  • 16 Mar 2005

All International Bonds

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4 Barclays 25,009.79 63 6.22%
5 Deutsche Bank 22,679.02 69 5.64%

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Rank Lead Manager Amount $m No of issues Share %
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1 Mizuho 299.85 1 21.73%
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1 BNP Paribas 299.85 1 21.73%
5 UBS 60.22 1 4.36%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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1 Goldman Sachs 1,607.28 5 22.59%
2 Credit Suisse 1,301.65 4 18.30%
3 UBS 970.80 3 13.65%
4 BNP Paribas 522.35 4 7.34%
5 SG Corporate & Investment Banking 444.17 3 6.24%