DirectBooks Continues to Strengthen Global
Syndicate Community
and Adds its First Diversity Underwriting Firm
NEW
YORK, Oct. 6, 2022 /PRNewswire/
-- DirectBooks announced today that NatWest, Loop Capital and
TD Securities have joined the platform. The recent additions
increase the total number of underwriters on DirectBooks to 25.
The addition of Loop Capital represents the first diversity firm
to join as an underwriter. Earlier in September, DirectBooks
celebrated another milestone by surpassing 250 institutional
investors in our user community.
"DirectBooks is excited to welcome NatWest, Loop Capital and TD
Securities, as we continue on our path to establishing a broad and
diverse global community of underwriters," said DirectBooks CEO,
Rich Kerschner.
"As a relationship bank for a digital world, we at NatWest are
constantly striving for innovation and progression in a way that
benefits our issuing and investor customers," said David Jones, Head of US Investment Grade
Syndicate at NatWest. "We are delighted to collaborate with
DirectBooks on a platform that will undoubtedly bring a more
streamlined approach for all parties involved in the global new
issue market."
"Building a firm that puts the client first was the reason for
starting Loop Capital, and our purpose then remains our purpose
now," said Jim Reynolds, Chairman
& Chief Executive Officer, Loop Capital. "Joining the
DirectBooks platform will allow us to better serve our clients,
particularly as Loop Capital is rapidly increasing our deal
participations as a lead-manager. We are excited to leverage the
DirectBooks platform to launch a new channel of communication with
our investing clients, allowing us to work more efficiently and
productively with our issuing clients."
"As a global investment bank with a focus on innovation, TD
Securities offers a wide range of capital markets products
including industry-leading underwriting and new issue
distribution," said Alexander
Anderson, Managing Director and Head of US Syndicate at TD
Securities. "We are excited to extend our client reach and focus on
evolving our workflow by joining DirectBooks to communicate with
our institutional investor base."
About DirectBooks
DirectBooks leverages its technology expertise and market
knowledge to optimize global financing markets. We are simplifying
the primary issuance process for fixed income by streamlining
communications workflows for underwriters and institutional
investors. DirectBooks was formed by 9 global banks, consisting of
Bank of America (NYSE:BAC), Barclays (NYSE:BCS), BNP Paribas
(FR:BNP), Citi (NYSE:C), Deutsche Bank (NYSE:DB), Goldman Sachs
(NYSE:GS), J.P. Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells
Fargo (NYSE:WFC). A complete list of participating underwriting
firms can be found on our website. For additional information,
please visit us: www.DirectBooks.com
About NatWest Group
NatWest Group plc, together with its subsidiaries, provides
banking and financial products and services to personal,
commercial, corporate, and institutional customers in the
United Kingdom and
internationally. It operates through Retail Banking, Commercial
Banking, Private Banking, RBS International, and NatWest Markets
segments.
About Loop Capital
Markets
Loop Capital is a full-service investment bank, brokerage and
advisory firm that provides creative capital solutions for
corporate, governmental and institutional entities across the
globe. Loop Capital's reputation for integrity and service –
coupled with the firm's track record of success – has allowed the
firm to serve an expanding number of clients from coast-to-coast
and globally. The firm continues to grow because clients continue
to ask them to do more for them. The firm's uncompromising
commitment to excellence means that clients get superior, focused
service across the entire platform.
MEDIA CONTACT:
Chris Rodriguez
Chris.Rodriguez@DirectBooks.com
(848) 888-7704
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SOURCE DirectBooks