Tag:
boutiques
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Latest Headlines
Departures at Greenhill spark questions about the future
So which boutique is the trendiest right now? Not too long ago, you might have been inclined to say Greenhill & Co. But these days, people are more likely to give Evercore Partners the nod.
Greenhill, which reports earnings Monday, may be at something of a crossroads. Bloomberg reports
Greenhill loads up on bankers, no payoff yet
Greenhill & Co. has been content to exist as something of a pure play on the boutique deal advisory industry. While the likes of Evercore and Lazard added money management business units, Greenhill stuck to its knitting.
Some might argue that it has not reaped the benefits of that deci
Evercore boasts it tops Goldman, JPMorgan
We noted recently that the deal environment augured well for boutique investment banks , especially those with an identifiable niche.
Evercore seems to be rising high. It reported that first-quarter earnings rose 9.6 percent to $11.4 million; its earnings per share of 28 cents beat the aver
In deal boom, small boutiques to fare well?
The deal resurgence we've seen over the past few months has investment bankers giddy at firms large and small. The bulge bracket investment banks are as busy as ever, as are the big-name boutiques, such as Qatalyst, Evercore, Wasserstein Perrela and others. But what about the really small boutique
Boutique debt traders suffer as bulge bracket recovers
Boutique debt trading firms were all the rage just two years ago. The conventional wisdom at the time was the bulge bracket firms were debilitated by the financial crisis and a recovery would take many years, especially during a tough regulatory climate. As commissions soared, boutiques offered fa
Evercore misses estimates, boutiques sagging?
About a year ago, the stars seemed to be aligning for M&A boutiques. The thought was that the world seemed bent on punishing bankers, even though traders were the ones who caused the industry's woes. Many assumed that top bankers from league-leaders would stream to the likes of Evermore, Lazar
What to make of the Wall Street hiring boom
We've noted that hiring seems to be picking up on Wall Street, generally and in specific areas like information technology . In New York, 6,800 financial-industry positions were added from the end of February through May, the largest three-month increase since 2008, notes Bloomberg . All
The lessons of Greenhill & Co.
We've suggested that boutique investment banking firms were poised for growth as the big-name investment banks struggle. It certainly seems to be playing out that way for Greenhill & Co.
IDD notes: The firm "has become a haven for investment bankers who were either looking to escape fr
Investment banking, bright spot for 2010?
There's a sense that the top investment banks are looking at another fine year in 2010, to follow their surprisingly strong finish in 2009. Which was driven in large part by FICC activity. Banks like Goldman Sachs ( GS ) really benefited from the void of competition, which will slowly close.
Big banks get bigger in key markets
When it comes to underwriting, the top banks are now more dominant than they were before the crisis. Goldman Sachs, Morgan Stanley and JPMorgan now collectively "control 42 percent of the global market so far this year...That's up from 30.7 percent for the three top underwriters in the first six m
