Paribas Looks For High-Yield Hands

BNP Paribas is looking to add two or three traders and a few salesmen to its high-yield trading and sales teams, according to a market source.

  • 30 Jan 2004
Email a colleague
Request a PDF

BNP Paribas is looking to add two or three traders and a few salesmen to its high-yield trading and sales teams, according to a market source. BNP currently has about five high yield traders globally. The move comes at a time when the high-yield market is booming, with spreads tighter across the market and investors more willing to invest in the market as corporate credit quality improves.

The source notes that it is no coincidence that the hiring plans come now, since the general trend calls for hiring at the highs and firing at the lows of the market. He noted that he expects other high-yield trading teams to also add personnel given the white-hot market.

  • 30 Jan 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 242,241.25 929 8.19%
2 JPMorgan 223,842.40 997 7.57%
3 Bank of America Merrill Lynch 216,424.41 725 7.32%
4 Barclays 185,098.93 672 6.26%
5 Goldman Sachs 159,205.64 520 5.38%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.53%
2 BNP Paribas 32,284.10 130 6.48%
3 UniCredit 26,992.47 123 5.42%
4 SG Corporate & Investment Banking 26,569.73 97 5.33%
5 Credit Agricole CIB 23,807.36 111 4.78%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.81%
2 JPMorgan 9,894.90 42 8.58%
3 Citi 8,202.25 45 7.11%
4 UBS 6,098.17 23 5.29%
5 Credit Suisse 5,236.02 28 4.54%