S&P Reshuffles Top Structured Finance Brass

Standard & Poor's is reshuffling its top structured finance brass and creating a new analytics group, as first reported last Wednesday on BW's Web site (www.bondweek.com).

  • 04 Feb 2005
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Richard Gugliada
Standard & Poor's is reshuffling its top structured finance brass and creating a new analytics group, as first reported last Wednesday on BW's Web site (www.bondweek.com). Pat Jordan, managing director and global head of asset-backed and mortgage-backed securities ratings, is shifting to run the collateralized debt obligation ratings group. She replaces Richard Gugliada, managing director and head of the global group, who is moving to spearhead a new global analytics group at S&P. Meanwhile, Jordan is being replaced by Rosario Buendia, also a managing director, who is currently practice leader for Latin American structured finance ratings. Buendia will retain that role in addition to assuming Jordan's old responsibilities.

All three report to Joanne Rose, executive managing director of structured finance ratings, according to a spokesman who declined to provide further details. The changes were announced internally early last week. Officials at the firm referred calls to Adam Tempkin, spokesman. He said the shift is being made to allocate senior management resources, namely Gugliada, to the new analytics group as part of a broader investment by S&P into the development of analytical models and tools.

  • 04 Feb 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%