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Team of the monthMarch 1 2017

SGCIB looks to fill the covered bonds gap

No one in the covered bonds market had a busier start to 2017 than Société Générale Corporate & Investment Banking, seen as a leading liquidity provider. And while others are pulling out of the sector, SGCIB perceives this as a chance to increase its share of the market, as Edward Russell-Walling reports.
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Europe’s primary market for covered bonds got off to an unusually brisk start in 2017, with its most action-packed January since 2012. Among the many managing banks to benefit, the covered bond team at Société Générale Corporate & Investment Banking (SGCIB) was the busiest of all.

This was not by chance. A central SGCIB objective is to rank consistently among the top five bond houses in the euro markets, according to Eric Meunier, SGCIB global head of debt capital markets (DCM) financial origination.

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