Jeffrey Werner

  • 20 Jun 2003
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Jeffrey Werner, treasurer of GECC between 1988 and November 2001, was not one to mince his words. It was at a Euromoney conference in 1992 that the ex-Navy man and Harvard graduate laid down the law to investment bankers. "It is my job to fund our assets as cheaply as possible," he reminded his audience. "It is not my job to provide liquidity in markets. It is not my job to develop the market in Europe... And finally it is not my job to provide investment bankers with vacation villas and BMWs."

As treasurer of a triple-A rated borrower officially categorised as a corporate, Werner could afford to dictate terms, but although a demanding and uncompromising borrower, he was widely respected for being scrupulously fair.

He was also one of the most prolific and inventive users of the CP and MTN market in the 1980s and 1990s. Indeed, one banker was quoted in 1996 as describing GECC as "better than the World Bank" as a borrower. High praise indeed for an issuer that had sometimes looked parochial before Werner's arrival.

  • 20 Jun 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%