UBS Launches European Distressed Debt Effort

  • 05 May 2002
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UBS Warburg has launched a European distressed debt effort to be coordinated through its London office. The firm has hired Martin Teevan, formerly a member of ING Barings' high-yield team in London, to spearhead the effort in the newly created position of director of distressed debt trading. Teevan will start out by trading names from the firm's high-yield book that have fallen into the distressed category, a firm official said. He reports to Jeff Horan and Drew Doscher, Stamford, Conn.-based co-heads of global distressed debt. Andrew Casswell, head of high-yield trading at ING says Teevan, who left the firm six months ago, will not be replaced.

  • 05 May 2002

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 16.61
2 Goldman Sachs 1,798 4 14.88
3 BNP Paribas 1,434 4 11.87
4 Barclays 1,097 2 9.08
5 Morgan Stanley 1,094 2 9.06

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,228.90 62 10.23%
2 JPMorgan 18,161.74 49 10.19%
3 Bank of America Merrill Lynch 16,385.65 54 9.19%
4 Wells Fargo Securities 16,128.82 45 9.05%
5 Barclays 12,632.86 43 7.09%