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
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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 329,208.56 1277 8.09%
2 JPMorgan 321,584.64 1392 7.90%
3 Bank of America Merrill Lynch 296,878.25 1014 7.29%
4 Barclays 249,463.73 926 6.13%
5 Goldman Sachs 218,838.41 733 5.38%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,136.68 182 7.00%
2 JPMorgan 44,545.29 93 6.76%
3 UniCredit 35,639.50 153 5.41%
4 Credit Agricole CIB 33,211.72 160 5.04%
5 SG Corporate & Investment Banking 32,419.80 126 4.92%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,755.50 61 8.94%
2 Goldman Sachs 13,469.15 66 8.76%
3 Citi 9,716.40 55 6.32%
4 Morgan Stanley 8,471.86 53 5.51%
5 UBS 8,248.12 34 5.36%