Bank Of Ireland Readies U.S. Push

Bank of Ireland Global Markets plans to offer derivatives and structured products in the Americas.

  • 09 Mar 2007
Email a colleague
Request a PDF

Bank of Ireland Global Markets plans to offer derivatives and structured products in the Americas. The firm landed a U.S. banking license late last year and has expanded from five front-office staffers to 12 to build up the business.

The aim is to focus on niche, high-end markets such as structuring, derivatives and emerging markets from its office in Stamford, Conn. In an e-mail to DW, Joe Connolly, head of U.S. customer sales, said Latin America and Canada will be a focus for the firm. Initially, it will look to sell to offshore investors, but it may apply for a broker/dealer license at a later date.

The firm's Dublin office has a reputation for structuring innovative investments for Europe. It was the first firm to offer an equity-default swap note to retail investors in the U.K., and has launched other novel structures such as an equity note with an extra return linked to whether there is snow at Christmas (DW, 10/1/04). Dublin will provide trading and structuring support to the U.S. business.

The firm plans to make additional hires as its business grows.

  • 09 Mar 2007

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 241,652.19 924 8.19%
2 JPMorgan 223,721.63 996 7.58%
3 Bank of America Merrill Lynch 216,064.78 722 7.32%
4 Barclays 184,894.55 671 6.27%
5 Goldman Sachs 158,954.58 518 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 32,522.19 61 6.56%
2 BNP Paribas 32,284.10 130 6.51%
3 UniCredit 26,992.47 123 5.44%
4 SG Corporate & Investment Banking 26,569.73 97 5.36%
5 Credit Agricole CIB 23,807.36 111 4.80%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 10,167.68 46 8.81%
2 JPMorgan 9,894.90 42 8.58%
3 Citi 8,202.25 45 7.11%
4 UBS 6,098.17 23 5.29%
5 Credit Suisse 5,236.02 28 4.54%