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. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Best ABS house

Lehman Brothers

Last year, Deutsche Bank took this award largely because it had managed to replicate its success in Europe in the much larger US asset-backed market. This year, Lehman Brothers has managed to achieve the opposite, coming out top by volume in the US ABS market and dramatically improving its market share in Europe and Asia.

It is also dominant in the global ABCP market, ranking number one in 2003 according to Moody’s market share league table. “The innovation in the ABCP market has been phenomenal and some of the biggest growth in this market is coming out of Europe,” says Nelson Soares, managing director, head of US structured finance origination. “I think we’re going to see more of that for the rest of 2004 and 2005.”

One of Lehman Brothers’ big advantages in ABS is that it has a unified syndicate and structured product sales force, which means that its distribution efforts really are global. “We’ve got a globally integrated ABS business across sales, trading and research,” explains Amany Attia, managing director and head of structured finance at the bank. “We have to be able to talk to clients about distribution in euros, dollars or sterling, for example.”

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

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