Bear Stearns Adds To CDO Research Effort in here

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  • 14 Jul 2003
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Bear Stearns is beefing up its research coverage of the collateralized debt obligation market in an effort to meet growing liquidity in the secondary market. Starting this week, Bear Stearns plans to put out a weekly research piece on the CDO market in which it will make relative value calls and recommendations. Bear Stearns has previously put out a bi-weekly piece focusing on general trends and the deal pipeline, without making specific relative value calls for investors to pursue in the secondary market. The firm is also bringing in new personnel: last month, it added Ranajoy Sarkar to its CDO research team, in a new role under research head Gyan Sinha. Sarkar declined to comment and Sinha was traveling. The increased emphasis on research comes shortly after the firm launched a credit-adjusted pricing tool for evaluating CDOs trading in the secondary market (BW, 6/23).

  • 14 Jul 2003

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,624.20 342 12.90%
2 Bank of America Merrill Lynch 99,769.11 286 10.85%
3 Wells Fargo Securities 87,449.35 261 9.51%
4 JPMorgan 67,955.87 206 7.39%
5 Credit Suisse 50,788.13 152 5.52%