ECM question

    • Thread Starter


    Does anyone know the difference between what a bookrunner, co-ordinator, sponsor, financial adviser is?

    I.E (from the FT):
    Morgan Stanley, Deutsche Bank are acting as global coordinators, while JPMorgan Chase, UBS are joint bookrunners and Lazard is advising Nets.

    My understanding is bookrunner is the lead IB ( so what all the banks are vying for? )

    What does the global coordinator mean, are they just co managers so JPM/UBS would be acting lead on the above deal and then work with MS/DB on less important stuff?

    Also has anyone heard of 'sponsor banks' in an IPO deal, what is their role?
Write a reply… Reply
Submit reply


Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. Oops, you need to agree to our Ts&Cs to register
  2. Slide to join now Processing…

Updated: September 29, 2016
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Today on TSR
Does your body insecurities make you avoid PE or exercise?
Useful resources


Guide to investment bankingGuide to consultancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

Quick link:

Unanswered investment banking and consultancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.