Tag:
Greenhill
Latest Headlines
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
With corporate crime on the rise, a bull market for forensic services firms
The high crimes and subsequent prosecutions on Wall Street have been good news for forensic support firms, which seem to be growing by the day to support all facets of the crime investigation economy.
Consider Stroz Friedberg, which has carved out an interesting niche managing the home detenti
Former pro athletes flock to Wall Street
Did you know that Shaquille O'Neil has an MBA? And former NBA sharpshooter Kerry Kittles does too? FINS offers an interesting look at former professional athletes who have made the transition into financial services.
Andrew Kline, a burly guard, played in the NFL before injuries ended his
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
Lazard results bode well for deal economy
The less than stellar results at Greenhill & Co. led to some talk about the fate of deal advisory boutiques at a time when the big boys of the industry were laser-focused on what appears to be a favorable deal environment.
But Lazard just released solid fourth quarter results, featuring a
Greenhill & Co. earnings tank
Boutique trading firms as well as investment banking firms were all the rage just two years ago. We've noted that the conventional wisdom at the time was bulge bracket firms were debilitated by the financial crisis and a recovery would take many years, especially during a tough regulatory clim
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
Big winners in M&A shakeout
Mergers and acquisitions are far from dead. Investment bankers, the ones that are still employed anyway, have plenty to do. In fact, we're seeing some interesting market-share dynamics at work. Bloomberg notes that Pfizer's purchase of Wyeth was a big win for Goldman Sachs and JPMorgan (both a
Boutique buzz may be over already
Just about a month or two ago, people were proclaiming that a golden era for boutique investment banks and trading outfits was at hand. Bankers at bulge brackets firms were streaming to take offers at boutiques, driven by the view that they would be able to make more money there than at a TARP-rid
Blank check companies still hot
We've noted recently that blank check companies are all the rage, fueled by the involvement of top banks. Now comes news from Financial News Online that Greenhill & Co. has priced shares of a blank check offering that will raise $400 million. Bank of America is underwriting the deal,
