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  • Over 49% of market volumes were issued in euros this week. More than $5bn was traded, an increase of more than $1.2bn on last week's figure. However the number of trades was close to last week - 98 issues were made, as opposed to 96 previously.
  • Interest rates are expected to be cut by at least 25bp by the Federal Open Market Committee next Wednesday. Bankers suggest that some primary activity in the dollar market could emerge as five and 10 year dollars are well bid.
  • Citigroup's co-head of European credit and head of securitisation, Mark Watson, started off as a lowly graduate trainee at Salomon Brothers in 1985 at exactly the same time as Michael Lewis, author of Liar's Poker. "In fact Lewis was sitting opposite me at my first interview with the firm," remembers Watson. "We were in the same classes, learning about the same stuff, learning off the same people."
  • Citigroup's co-head of European credit and head of securitisation, Mark Watson, started off as a lowly graduate trainee at Salomon Brothers in 1985 at exactly the same time as Michael Lewis, author of Liar's Poker. "In fact Lewis was sitting opposite me at my first interview with the firm," remembers Watson. "We were in the same classes, learning about the same stuff, learning off the same people."
  • Martin Egan, global head of syndicate at BNP Paribas, is respected and liked by all involved in capital markets, whether it be those who work with him, competitors on the Street or the borrower community. He is acknowledged as one of the most honest and straightforward bankers in the business, an attribute especially appreciated by issuers who know he means exactly what he says.
  • Matt Carter underwent his milk round interviews a couple of weeks after the 1987 market crash and was hired as a graduate trainee at Continental Illinois, where after a few rotations, he found himself on the trading floor in loan sales. In those days, for the junior person on the desk, that consisted of trawling through the Euromoney directory to cold-call clients around the world.
  • Amount: $50m
  • Michael Dee has been at Morgan Stanley for more than 20 years, in departments ranging from M&A to corporate finance and capital markets. His current position is managing director and CEO and head of Morgan Stanley's Singapore office with responsibility for the firm's Asean business.
  • Possibly the most senior member on the Top 40 Under 40, Michael Klein was appointed chairman and chief executive of Citigroup's global corporate and investment bank for Europe, the Middle East and Africa in March this year.
  • Michael Milken graduated cum laude from the University of Berkeley in 1968 before moving on to the Wharton Business School, where he wrote a thesis on the value that could be unearthed from bonds issued by ex-investment grade borrowers.
  • Michael von Clemm entered the banking industry at the comparatively late age of 27. By then, he had graduated from Oxford and Harvard and spent two years among coffee-growers on the slopes of Mount Kilimanjaro as an anthropologist.
  • There is hardly an area of the capital markets that Rainer Gut, long time chairman and now honorary chairman of Credit Suisse, has not been involved in.