Elizabeth (Liz) Myers
Head of Global Equity Capital Markets, J.P. Morgan
For Liz Myers and team at J.P. Morgan, the first half of the year was dominated by large IPOs, with the firm underwriting 20 transactions that raised more than $1 billion apiece, including the $5 billion offering from the insurance subsidiary of Banco de Brazil.
And in the U.S. equity market, J.P. Morgan was bookrunner on six of the top 10 deals over $2 billion from the start of 2012 through the first half of 2013, as it raised a total of more than $148 billion in new capital for clients. But size isn't all that Myers considers in strategizing these deals: she also has been bringing together teams of traders, risk officers and legal personnel to help prioritize corporate clients from a risk perspective and reduce the firm's exposures on these kinds of transactions.
Myers' business generates $1 billion to $1.2 billion in annual fees and has a leading 7.2 percent market share among global investment banks in the equity capital markets business. She is a member of the management committee for the global investment banking management division, a $5 billion business for J.P. Morgan, and she co-heads the investment bank's senior women's network. Recently she instituted a "global mobility program," initiating overseas transfers for employees (female and male) at junior and senior levels as a talent development tool.