O come, all ye bankers

Last week, for the 12th year running, the Loan Syndicate Managers’ Forum congregated in St Lawrence Jewry for its annual Christmas carol service. A delightful affair but one now so steeped in tradition it cannot hold any surprise? Think again.

  • By Michael Turner
  • 16 Dec 2013

This year’s tidings of comfort and joy came with a twist. The vicar, Canon David Parrott, decided to single-handedly drag the Anglican Church into the 21st century by basing his entire sermon on tweets from the congregation.

Unsurprisingly, the group, however joyful and triumphant, fared poorly at that exercise. ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%