The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Best high yield bond house

CSFB

When news that affects the high-yield market breaks it is often the first to come out with a view. When the new-issue market gets tough, it usually increases its market share to as much as 50%. It has occupied the top spot in the US high-yield underwriting league table since 1993.

The leveraged finance group that dominated the US market while at Donaldson, Lufkin & Jenrette has continued to do so since the bank sold up to CSFB in 2000. The past 12 months have been no exception. In the face of stiff competition from Citigroup and Deutsche Bank, CSFB?s high-yield franchise has increased its underwriting market share, as well as retaining its number one research ranking in Institutional Investor.

The team has managed this in the face of upheavals elsewhere at CSFB and the departure of long-time head of the leveraged finance group Bennett Goodman. He had run the operation since 1995, and left last year looking to set up his own business, only to be lured back to run a new alternative capital division by recently ousted CEO John Mack.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree