Siebert Cisneros Shank Is America's Top Minority/Woman-Owned Municipal Bond Firm

NEW YORK - Jan. 26, 2018 - PRLog -- Siebert Cisneros Shank & Co., LLC (www.siebertcisnerosshank.com) was the No. 1 minority/woman-owned municipal bond firm in America in 2017, taking the honor for a record 19th time.

In achieving this unprecedented success, SCSCO in 2017 led 44 issues as senior manager, totaling $7.3 billion in par amount, ranking 13^th nationwide. Total volume for the firm was $62.7 billion in negotiated municipal issuances in 2017, ranking 8^th overall.

The firm's average deal size was $243 million, putting it at No. 3 in the nation among all firms, outranking Bank of America, J.P Morgan, Barclays and Citi.

The firm moved up in several other categories as well, ranking 3^rd nationally as senior and co-managing underwriter of water and sewer issuance as well as for airport issuance (full credit to each manager), representing 38.6% and 49.3%, respectively, of market share for these sectors in 2017.

The firm also showed impressive growth in Texas, ranking 1^st (full credit to each co-manager) and served as senior manager or co-manager on 59 issues totaling over $10.4 billion. The firm is betting on continued growth in Texas with several new hires in 2017, including former Dallas Independent Schools Chief Financial Officer Dr. James C. Terry, to focus on the K-12 sector.

In addition, the firm recently expanded its presence at its East Coast headquarters, doubling its office space on Wall Street as it expands and deepens its talent pool.

"2017 was a banner year for the firm and a continuation of its strong structuring, pricing and distribution performance," said CEO and Chairwoman Suzanne Shank. "Our strong performance in past years was rewarded, as the firm received a number of repeat mandates from long term clients, as well as mandates by new clients who recognize that we are not just an outstanding minority-owned firm but an outstanding firm, period. Our team has worked so hard to get us here and we will not rest on our laurels."

"This is a great affirmation of what I have long known: SCSCO   http://www.siebertcisnerosshank.com is one of the most competitive and talented firms in the country and we are aggressive in every region of the nation and in every sector of the industry," said Partner and Head of Investment Banking Gary Hall. "I see it every day as our bankers serve our clients by executing deals that set the market. I know that 2018 is going to be just as successful, if not more so."


Dual headquartered in New York and Oakland, CA, SCSCO has 17 offices nationwide. It has transacted more than $1.4 trillion of municipal bonds and $1.1 trillion of corporate bond and equity transactions since its founding in 1996.

It earned the distinction in 2010 of becoming the first minority-owned firm in America to rank among the top 10 senior managers of municipal bonds.