Asset-backed securities from the Iberian Peninsula have proved popular with European investors. A recent transaction, the first to be backed by auto leases and loans, and to combine a securitisation framework from Portugal and Spain, indicates that the market is still developing.
Dresdner Kleinwort Wasserstein’s M&A team has pulled itself up from sixth largest in Germany last year to the top of the pile with a series of deals in which its network of relationships proved vital. Michael Marray reports.The members of the M&A team at Dresdner Kleinwort Wasserstein (DrKW) in Frankfurt had plenty to celebrate in April, when the Dealogic first-quarter figures for completed deals in the German M&A market had them perched on the top of the league table.