Welcome to our new website! Let us know what you think..

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Seymour Pierce enters takeover talks with Cantor Fitzgerald

Seymour Pierce enters takeover talks with Cantor Fitzgerald

US investment bank and bond broker Cantor Fitzgerald is in talks about a possible takeover of Seymour Pierce, in the latest round of consolidation of City trading houses.

Seymour Pierce, one of London’s oldest brokers, has been urgently seeking capital since the FSA ruled out an injection of money from Ukrainian businessman Denis Gorbunenko, reports the Financial Times.

Earlier talks with Panmure Gordon and N+1 Singer had fallen flat. ‘There was no certainty’ that the current talks would lead to a deal, an individual close to the discussion told the paper.

Leave a comment
Citywire TV
Play BlackRock UK Special Sits: when will we sell our star holdings?

BlackRock UK Special Sits: when will we sell our star holdings?

What would prompt Roland Arnold to sell the likes of Ashtead and Howden?

Play AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A

Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.

1 Play Renewable energy: what I found on my solar farm trip

Renewable energy: what I found on my solar farm trip

Renewable energy is attracting a lot of investor interest, so I headed to the UK's largest solar farm to find out more.

Your Business: Cover Star Club

Profile: how Matthew Butcher is carving a new role at Dart Capital

Profile: how Matthew Butcher is carving a new role at Dart Capital

The wealth management industry is undergoing a profound period of change: whether it wants to admit it or not.

Wealth Manager on Twitter