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Citi strengthens convertible bond franchise

August 10, 2010  

From Leigh Powell

The bank adds a trio of senior staff in Asia-Pacific in response to what it says has been an increase in flows across its convertible desk. It has also added two in London to support clients investing in Asian CBs outside the region.

US bank Citi announced a string of hires today (August 10) to bolster its convertible bond (CB) franchise in Asia-Pacific and beyond, saying it is seeing an increase in flows in this area.

P.J. Andersson has transferred from the US...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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