Guide to the leading banks across the globe by market capitalization
Bi-annual survey monitoring political and economic stability of 185 sovereign countries
August 2007
by Alex Chambers and Jethro Wookey
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UBS has merged its Scandinavian and UK debt capital market coverage teams for the corporate and public sector. The team is headed jointly by Allegra Berman and Mahnaz Safa. Cecilia Hulten, who previously looked after Scandinavian coverage, is leaving the firm to pursue other interests after five years. The integration does not include FIG, which was already run on a pan-European basis.
Berman was moved to a newly created role of co-head UK corporate & public sector DCM alongside Safa in February. She was formerly head of frequent borrowers DCM and Safa has a background in derivatives.
If you gear up 15 times and fund overnight there is no model in the world that is going to be able to solve that
At least one banker does not subscribe to the view that the meltdown in structured finance was entirely a result of inaccurate modelling