Two Black Owned Investment Banks Merging to form the Largest Woman and Minority Owned Firm

black owned investment firms

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.

black owned investment banks
Susan Shank

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.

 

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One Comment Add yours

  1. Bijean Ford says:

    This is so awesome!

    Liked by 1 person

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