Siebert Cisneros Shank & Co. and the Williams Capital Group will combine to form Siebert Williams Shank & Co. The new firm will be led by Chief Executive Suzanne Shank. Terms of the deal, described as a merger of equals, were not disclosed.
Siebert Cisneros Shank is one of the nation’s leading underwriters of municipal bonds and Williams Capital is a major dealer in corporate debt. The combined firm will have 140 employees and be headquartered in New York City and Oakland, Calif. No layoffs are expected because of the merger.
Her firm launched in 1996 after she had dinner at the Post House with Muriel Siebert, the first female member of the New York Stock Exchange. Siebert wanted to create a firm that could lead investment banking deals and asked Shank, who had spent about 10 years at financial advisory firm James J. Lowrey & Co., to run it. Shank was uncertain, but Siebert wasn’t.
Source: Crains New York
Well done its time’
Exactly
I’m glad i found this page.. Black business is to know about.
Love this page, great, informative content.
Being self employed black man I fully understand the challenges.I am a personal trainer and author.The inspiration is invaluable!
We should talk to our Pro Athletes to help with investing in our own People an Financial Institution. This can help the Economic Base to move Forward an Expand to be ACCESSIBLE to Us.
Onna phly Dozier the first black Indian woman of forty acres and a mule to rise as Queen of Hip Hop, She is the soul the soloist and a hand down is the mic, Queen of Hip Hip Soul Aretha Franklin
This is GREAT I’m So Happy That More Black Owners Are Stepping Up Now Maybe We As People Will Start Believing Again🙏🙏🙏
I have a Idea and Vision on how we can empower the grassroot community. I would hope one of these millionaires would take a look at my Idea. I truly need an Philampithis that has empathy for the Black Community.
Congratulations Suzanne Shank. We went to Bartow together. You were smart then and smart now.
I am so blessed to be a witness to the Epic historical mark being made. Sustainability is key and it sends a strong message to the creators of our future.
Congrats 🎉🍾! I wii be opening a account soon.
I am so glad I gound this information. So many Black Owned Businesses are not given Capital to invest in their businesses.
How can I get in touch with your bank to discuss investment and commericial loans?
It would be nice to have investment firms minority small business owners can appeal to.
This is exactly what the world needs. If possible consider having a black inventors corner as a category of interest. The sky is no longer the limit, we are way past that.
Congratulations this is the start of a great plan
It is time for us as a people to move up in the life do we should be living. Brilliant minds in great opportunities for us to move up in life we should support each other just as every other race of people do keep up the good work let’s make this a great move.
Excellent!
Congratulations and thank you for providing a Black alternative to those of us who are not respected in today’s banking world.
Will there be a branch office in Los Angeles anytime soon?