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Showing results for Lipscomb & Pitts Insurance, LLC
...Australia’s Macquarie Group on Wednesday said it would buy Fox-Pitt Kelton Cochran Caronia Waller, a US-based boutique bank, in an effort to turn itself into a global player in the provision of banking services...
...Fox-Pitt, Kelton said: “This is hardly the time for Kaupthing to take additional funding requirements,” but added: “We doubt there are many more liquid banks out there than Kaupthing.”...
...Mr Pitt-Watson points out bull markets can help to cover up poor management....
...Helpfully, Fox-Pitt has come out with some more well-considered scepticism about why the deal is bad for Barclays....
...Most of the buy-outs in financial services have been in specialist finance, insurance or asset management....
...JC Flowers recently took control of Fox-Pitt Kelton, the boutique investment bank....
...The boutique is already well known for its independent research on banks, insurance companies and stock exchanges, but it has also recently been building up its corporate finance operations....
...As a former manager of Brad Pitt and Jennifer Anniston, and a producer of the hit television show The Sopranos, Mr Grey seemed like an exciting choice when Tom Freston, Viacom’s chief executive, appointed...
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