Chris O’Malley: The dark arts of the syndicate
As part of Euromoney's 50th anniversary coverage, we profile some of the biggest names that we interviewed for our April capital markets focus.
Chris O’Malley started out at stockbroker Phillips & Drew in 1974 at a time when the debt side of the firm was dominant. In part, this was down to the winning of a big contract for the Mars pension fund, which insisted on a first-class gilts operation.
O’Malley started in short gilts, before moving into local authority bonds. But by 1977 he would be on the move.
“I was in line to move onto the long gilt desk, but then the firm hired Philip Howard from Deltec, one of the original Eurobond trading houses, and I was offered the opportunity to join him to set up a new international bond business for the firm,” says O’Malley.