|
Independent Advisory Firm
An independent advisory firm (sometimes less accurately called an advisory boutique) is an investment bank that provides strategic and financial advice to clients primarily including corporations, financial sponsors, and governments. Revenues are typically generated by providing deal-specific advice related to mergers and acquisitions and financing. The WSJ noted in January 2016 that "boutique is a fuzzy label, defined as much by what these firms do (mostly give M&A advice) as what they don’t do (trading, lending, much in the way of underwriting)." History 1800s: Early history Rothschild was founded in the City of London in 1811. The largest independent firm, Lazard, got its start in 1848 and only went public in 2005 under the leadership of Bruce Wasserstein, who unified its disparate branches. 1980s: New players established In September 2015 the FT wrote, "The concept of an advisory boutique dates back to the 1980s, when some of Wall Street’s biggest names ditched est ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services ( fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glass Steagall Act
Glass is a non-crystalline, often transparent, amorphous solid that has widespread practical, technological, and decorative use in, for example, window panes, tableware, and optics. Glass is most often formed by rapid cooling (quenching) of the molten form; some glasses such as volcanic glass are naturally occurring. The most familiar, and historically the oldest, types of manufactured glass are "silicate glasses" based on the chemical compound silica (silicon dioxide, or quartz), the primary constituent of sand. Soda–lime glass, containing around 70% silica, accounts for around 90% of manufactured glass. The term ''glass'', in popular usage, is often used to refer only to this type of material, although silica-free glasses often have desirable properties for applications in modern communications technology. Some objects, such as drinking glasses and eyeglasses, are so commonly made of silicate-based glass that they are simply called by the name of the material. Despite bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Crisis Of 2007–08
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centerview Partners
Centerview Partners is an American independent investment banking firm. Centerview operates primarily as an investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ... advisory firm. Centerview has 60 partners and 300 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes. Founded in 2006 by a group of senior investment bankers, the firm is headquartered in New York City with offices in London, Paris, Chicago, Los Angeles, Palo Alto, California, Palo Alto and San Francisco. History Centerview was founded in July 2006 and is currently led by, Blair Effron, former Vice Chairman of UBS AG, and Robert Pruzan, former CEO of Dresdner Kleinwort Wasserstein, Dresdner Kleinwort Wasserstein North America and President of W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blair Effron
Blair W. Effron (born 1962) is an American financier. Effron co-founded Centerview Partners, a leading global investment banking firm based in New York City. Centerview has offices in London, Paris, Chicago, Los Angeles, Palo Alto and San Francisco. The firm provides advice on mergers and acquisitions, financial restructurings, valuation, and capital structure to companies, institutions and governments. Effron is also active in Democratic Party politics and was a prominent supporter of John Kerry's 2004 presidential campaign, as well as subsequent presidential campaigns for Barack Obama, Hillary Clinton and Joe Biden. Early life Effron grew up in a Jewish family in Poughkeepsie, New York, son of James W. Effron, president of Effron Oil. Effron graduated with a BA from Princeton University in 1984 and an MBA from Columbia Business School in 1986. He began his career at Dillon, Read & Co. and would remain with the firm and its successors (Warburg Dillon Read, UBS Warburg an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moelis
Moelis & Company is a global investment bank that provides financial advisory services to corporations, governments, and financial sponsors. The firm advises on strategic decisions such as mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.Moelis & Company Overview ''Company Website'' Moelis is widely considered one of the most prestigious investment banking advisory firms and has advised on more than $3.5 trillion in transactions since its inception. It was founded in 2007 and is headquartered in New York, with 20 offices in North and South America, Europe, the Middle East, Asia and Australia.Moelis & Company History< ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenhill & Co
Greenhill may refer to: People * Greenhill (surname) Places ;In the UK * Greenhill, Camden, London, England * Greenhill, County Antrim, a townland in County Antrim, Northern Ireland * Greenhill, County Durham, England * Greenhill, County Fermanagh, a townland in County Fermanagh, Northern Ireland * Greenhill, Dorset, England * Greenhill, a neighbourhood of Coatbridge, Scotland * Greenhill, Dumfriesshire, Scotland * Greenhill, Edinburgh, Scotland * Greenhill, Evesham, Worcestershire, England, main location of the Battle of Evesham in 1265 * Greenhill, Falkirk, Scotland * Greenhill, Harrow, London, England * Greenhill, Herefordshire England * Greenhill, Kent, England * Greenhill, Kidderminster, Worcestershire, England * Greenhill, Lancashire, England * Greenhill, Leicestershire, England * Greenhill, Sheffield, England * Greenhill, Swansea, Wales ;Elsewhere * Greenhill, Nova Scotia, Canada * Zielonagóra (''Greenhill''), a village in Greater Poland Voivodeship, Szamotuły Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roger Altman
Roger Charles Altman (born April 2, 1946) is an American investment banker, the founder and senior chairman of Evercore, and a former Democratic politician. He served as Assistant Secretary of the Treasury in the Carter administration from January 1977 until January 1981 and as Deputy Secretary of the Treasury in the Clinton administration from January 1993 until he resigned in August 1994, amid the Whitewater controversy. Early life and education Altman was born in Brookline, Massachusetts, and was raised in Boston as a Catholic. His father, a food broker, died when he was 10 years old, and his mother, a librarian, raised Altman and his brother as a single mother. He attended the Roxbury Latin School. He attended Georgetown University, where he met future President Bill Clinton, and earned a Bachelor of Arts degree in 1967. In 1969 he earned an MBA from the University of Chicago Booth School of Business, but took time off in 1968 to work in Indiana organizing volunteers for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evercore Partners
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding. Evercore's Investment Banking business advises its clients on mergers and acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with macro and fundamental equity research, sales and trading execution through Evercore ISI. Evercore's Investment Management business comprises wealth management, institutional asset management and private equity investing. Evercore is headquartered in New York City and serves clients from 28 offices in 11 countries across North America, Europe, South America and Asia, with approximately 1,950 employees globally. History Founding and esta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donaldson, Lufkin & Jenrette
Donaldson, Lufkin & Jenrette (DLJ) was a U.S. investment bank founded by William H. Donaldson, Richard Jenrette, and Dan Lufkin in 1959. Its businesses included securities underwriting; sales and trading; investment and merchant banking; financial advisory services; investment research; venture capital; correspondent brokerage services; online, interactive brokerage services; and asset management. The firm was headquartered at 277 Park Avenue in New York, New York and employed about 11,300 when it was acquired in August 2000, by Credit Suisse for $11.5 billion. History Donaldson, Lufkin and Jenrette founded the firm on the principle that no one else on Wall Street was doing high quality independent corporate research. They centered the firm around this notion and grew substantially. As research became more of a commodity throughout the 1980s and 1990s, they expanded into other businesses and grew dominant in high yield fixed income, or so-called, "junk bond" securities. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Suisse
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " Bulge Bracket" banks providing services in investment banking, private banking, asset management, and shared services. It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also primary dealer and Forex counterparty of the Fed. Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system. In the 1900s, it began shifting to retail banking in response to the elevation of the middle class and competition from fellow Swiss banks UBS and Julius Bär. Credit Suisse partnered with First Boston in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Investment Banking")
