The 2008 crisis has brought to surface a series of malfunctions, whose effects are still weighting onto Financial markets operations. A concentration tendency is going to intensify within the European banking and financial system and economic founding will undergo new channels. Disintermediation will become more marked. Also corporate economic financing needs will no longer be covered mainly by the banking system. Private placement will rather become a more suitable measure for a large majority of them.
An aspect to considerate though, is that aside of « big transaction » being taken care of by bulge brackets Investment banks, there will be a number of medium sized corporate that may find more difficult to find an accurate coverage for their equally specific needs.
Equity and Debt Capital Markets (ECM and DCM) activities are already being reconsidered accordingly within Investment Banks organizations.
It is thus in this new framework that CFJC proposes placement services consisting of unsecured emissions having Debt or Equity as an object. CFJC partnership with Investment banks syndication desks can be an adequate solution to fit European corporate their capital raising specific needs.