TITLE

Boutiques Scurry To Reposition

AUTHOR(S)
French, Jeff
PUB. DATE
December 2005
SOURCE
Investment Dealers' Digest;12/19/2005, Vol. 71 Issue 48, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on recent developments related to investment banking. The are reports of Fox-Pitt Kelton Inc. being put up for sale by parent Swiss Reinsurance Co. Meanwhile, Thomas Weisel Partners reported a $1.17 million loss in the third quarter of 2005, bringing its nine-month loss to $13.1 million as compared to a profit of $9.2 million in the same period a year ago. In August 2005, Wells Fargo Securities Inc. closed its institutional equity brokerage and research group. Swiss Reinsurance has hired the services of Evercore Partners Inc. to manage the sale of Fox-Pitt.
ACCESSION #
19288973

 

Related Articles

  • Briefs.  // National Underwriter / Property & Casualty Risk & Benefits Manag;01/11/99, Vol. 103 Issue 2, p7 

    Presents news on reinsurance business. Approval of the plan of Swiss Re to open a liaison office in Mumbai; Swiss Reinsurance Co. of Zurich's acquisition of Fox-Pitt, Kelton Group; Intention of Terra Nova Insurance Co. to exit from its marine hull and marine energy lines of business.

  • Swiss Re purchase to expand services. Zolkos, Rodd // Business Insurance;01/04/99, Vol. 33 Issue 1, p2 

    Reports on Swiss Reinsurance Co.'s acquisition of Fox-Pitt Kelton Group. Terms of agreement; Benefits from the acquisition; Stock-for-stock acquisition.

  • Fox-Pitt's I-Banking Chief in 'Transition' Lewis, Janet // Investment Dealers' Digest;2/13/2006, Vol. 72 Issue 6, p13 

    The article reports that Alan Badanes, former head of Fox-Pitt Kelton Inc. (FPK), was making a transition to a permanent post at Swiss Reinsurance Co. in the U.S. The former executive would not be involved in an expected management buyout at FPK. According to a senior official at Swiss...

  • Wells' Big Hit May Signal Wider Consumer Problem. Dobbs, Kevin // American Banker;11/29/2007, Vol. 172 Issue 229, p18 

    The author reports on a $1.4 billion charge which is being taken by Wells Fargo & Co. According to the article, this loss might signal a larger problem within the loan industry. An analyst at Fox-Pitt Kelton Inc., Andrew Marquardt, feels that companies, including Wells, have risk in regards to...

  • DEALS. Kramer, Louise; Haughney, Christine // Crain's New York Business;5/24/2004, Vol. 20 Issue 21, p12 

    The article presents information related to deals between business enterprises in New York. The state is about to get a new kind of movie rental store that its owners boast could take a bite out of far larger rivals like Blockbuster. Moviebank is based on a concept that has become ubiquitous in...

  • Keefe, Bruyette's London Invasion. Lugo, Denise // Investment Dealers' Digest;10/4/2004, Vol. 70 Issue 38, p11 

    Reports on investment bank Keefe Bruyette & Woods Inc.'s hiring of employees from rival Fox-Pitt Kelton Inc.'s office in London, England, as part of its expansion into the European financial services sector. Key Fox-Pitt executives hired by Keefe; Fox-Pitt's reaction to Keefe's moves;...

  • Fox-Pitt, Cochran Caronia Join Forces.  // Investment Dealers' Digest;5/28/2007, Vol. 73 Issue 21, p9 

    The article reports on the merger of Fox-Pitt Kelton Inc. and Cochran Caronia Waller in the U.S. The two firms, as cited, aim to create a global specialist investment bank focusing on the financial services industry. George Cochran and Len Caronia will be the combined firm's co-chairmen....

  • A New CEO Aims To Reboot Fox-Pitt. Lewis, Janet // Investment Dealers' Digest;10/31/2005, Vol. 71 Issue 41, p34 

    Reports on the appointment of Giles Fitzpatrick as chief executive officer (CEO) of investment bank, Fox-Pitt Kelton Inc. Responsibilities of Fitzpatrick as CEO of Fox-Pitt; Career history of Fitzpatrick; Personnel changes implemented by Fitzpatrick following his ascension to the CEO post;...

  • Keefe Bruyette Hires 3 Fox-Pitt Execs. Schmelkin, Alissa // American Banker;4/3/2003, Vol. 168 Issue 64, p20 

    Reports that the New York-based investment banking and brokerage firm, Keefe Bruyette & Woods Inc. has hired Peter E. Roth, Joe Beebe and John Hompe as its managing directors from its business rivals Fox-Pitt Kelton Inc. Responsibilities of Roth to head insurance banking team and oversee...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics