According to the Thomson Reuters rankings as of June 30, 2009, Calyon was the leading arranging bank in France and the only French bank among the top five in Europe.Calyon was also ranked second for its Equity Linked activity at the European level.

Despite the absence of IPOInitial Public Offering. Initial listing of a portion of a company's capital on the stock market, with or without a capital increase. This is a favoured exit strategy for private equity investors looking to unlock the value of their investment.s, Equity Capital Markets (ECM) saw a great deal of activity in the last quarter. In France, the amount of transactions increased by a factor of six between the second quarter of 2008 and the second quarter of 2009, while the first half of 2009 was relatively stable compared with the first half of 2008. Results for the EMEAEurope, the Middle East and Africa region were more mixed since transactions dropped by 30% between the second quarter of 2008 and the second quarter of 2009.

In addition to capital increases, equity capital markets benefited from issues of convertible and exchangeable bonds.

« Calyon knew how to react rapidly to the market’s evolutions and to propose its clients tailored-made solutions in an environment giving numerous opportunities. This ranking confirms Calyon’s leading position on these business lines and testifies its nearness to clients, the quality of its distribution and its product expertise. »
Jean-Michel Berling, Head of Equity Capital Markets