Schellbach Skips To Goldman

  • 08 Jun 2003
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Peter Schellbach, a director in Deutsche Bank's special situations group, has left the firm to join Goldman Sachs. Schellbach will join Goldman as a v.p. and trader of distressed and crossover loans. At Goldman, Schellbach will report to Mark DeNatale, v.p. and senior loan trader. Officials at Deutsche Bank and Goldman declined to comment.

Until recently, Schellbach had been a Deutsche Bank distressed loan trader on the special situations desk, but was shifted to a sales position about a month ago. As part of the sales team he covered both bank debt and bonds. Scott Martin, formerly a director in sales, took Schellbach's trading spot. The reason for the change could not be determined. "The truth is that he just wanted to trade," said one market player, regarding Schellbach's departure.

  • 08 Jun 2003

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

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1 Citi 117,261.12 337 11.10%
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