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Evercore
Latest Headlines
Latest Headlines
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
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
The rise of banking and trading boutiques?
It's not all doom and gloom on Wall Street. While bankers and traders exit the one-time powerhouse banks--voluntarily or not--small trading and banking outfits are enjoying the benefits. They are staffing up right now with very good people. A great example of this comes from Fortune , which rep
Morgan Stanley tops M&A table
Advisory work on two big drug deals pushed Morgan Stanley to the top of the M&A league tables for the first quarter. The bank advised Wyeth on its $64.5 billion purchase by Pfizer and Schering Plough on its $46 billion takeover by Merck, Reuters notes. Such work allowed it to leap to the t
ALSO NOTED: Citigroup may sell Japanese consumer finance unit; Morgan Stanley closes infrastructure fund; and much more...
Company News: > Morgan Stanley closes infrastructure fund. Article > More on HSBC earnings. Article > Citigroup may sell Japanese consumer finance unit. Article > Soros on Bear Stearns. Video > Evercore posts a 1Q loss. Article > Ladenburg Thalma
ALSO NOTED: Lehman initiatives Blackstone coverage with buy; KBW initiates coverage of Fortress with outperform; and much more.
Company News: >Â KBW initiates coverage of Fortress with outperform. Article > Lehman initiatives Blackstone coverage with buy. Article > IPO market driven by large deals recently. Article > Evercore beats estimates, not including charge. Article > Everc
