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The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

Tuesday, July 1, 2008

Global Mandated Arrangers - End of H1 2008





Mandated Arrangers Value $m Deals % Share
1 JPMorgan 118,427 390 7.85
2 Banc of America 92,184 512 6.11
3 RBS 89,974 326 5.97
4 Citi 86,896 231 5.76
5 BNP Paribas 68,298 315 4.53
6 Sumitomo Mitsui Banking Corp 58,152 435 3.86
7 Mitsubishi UFJ Financial Group 54,647 475 3.62
8 Mizuho 50,478 367 3.35
9 Calyon 46,113 191 3.06
10 HSBC 42,288 181 2.8
Total 1,507,819 3,534 100
Source: Dealogic







The environment where anyone can leave a big firm and say I wanna start a hedge fund’ and have people throw money at them is clearly over

Grant Kvalheim, former president of Barclays Capital, is one of many senior bankers mulling life after the credit crunch

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