Latest news with #financialadvisory
Yahoo
a day ago
- Business
- Yahoo
Lazard Opens New UK Headquarters in Historic Manchester Square, W1
Lazard opens new, larger headquarters at 20 Manchester Square, extending the firm's near 150-year history in the UK Move reflects Lazard's continued commitment to the UK and London as one of the world's pre-eminent financial centres LONDON, June 02, 2025--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its new UK headquarters opened at 20 Manchester Square, housing both the firm's Financial Advisory and Asset Management businesses. The new, larger office reflects Lazard's commitment to London as one of the world's leading financial centres and the firm's continued growth in Europe. 20 Manchester Square will become part of Lazard's European footprint and one of its three main global offices, alongside New York and Paris. As a cornerstone of Lazard's international network, the new UK HQ extends the firm's long-standing presence in London which dates back to 1877. Cyrus Kapadia, Co-Head of European Investment Banking and CEO of UK Financial Advisory, said: "The move to 20 Manchester Square underscores our unwavering commitment to the UK and our deep-rooted heritage in London. We have been successfully growing our European teams and network to further support our clients across Europe and around the globe." Jeremy Taylor, CEO of Lazard UK Asset Management said, "20 Manchester Square is more than just a new office—it's a reflection of our values and vision. We are committed to delivering exceptional performance for our clients. This new UK headquarters embodies our dedication to innovation, collaboration, and thoughtful stewardship as we continue to best serve the needs of our clients." The new building offers modern office space and has been designed with an emphasis on innovation and sustainable standards of construction, technology and use. The space has renewable energy from solar panels on the roof and a rainwater harvesting system. The building's construction adhered to the UK Green Building Council framework for net-zero carbon emissions and recycled, long-life materials with reduced replaceability have been used across floors, walls and ceiling finishes, with water efficient taps, showers and fixtures in place throughout. 20 Manchester Square is situated next door to the Wallace Collection and Regent's Park, and the area is well known for its cultural landmarks and accessible transport links. Lazard UK is relocating from 50 Stratton Street, after over twenty years. ABOUT LAZARD Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit and follow Lazard on LinkedIn. View source version on Contacts MEDIA CONTACTS Poppy Trowbridge, Financial Advisory+44 207 187 Zoe Butt, Asset Management+44 20 7448 INVESTOR CONTACT Alexandra Deignan+1 212 632 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Lazard Opens New UK Headquarters in Historic Manchester Square, W1
Lazard opens new, larger headquarters at 20 Manchester Square, extending the firm's near 150-year history in the UK Move reflects Lazard's continued commitment to the UK and London as one of the world's pre-eminent financial centres LONDON, June 02, 2025--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its new UK headquarters opened at 20 Manchester Square, housing both the firm's Financial Advisory and Asset Management businesses. The new, larger office reflects Lazard's commitment to London as one of the world's leading financial centres and the firm's continued growth in Europe. 20 Manchester Square will become part of Lazard's European footprint and one of its three main global offices, alongside New York and Paris. As a cornerstone of Lazard's international network, the new UK HQ extends the firm's long-standing presence in London which dates back to 1877. Cyrus Kapadia, Co-Head of European Investment Banking and CEO of UK Financial Advisory, said: "The move to 20 Manchester Square underscores our unwavering commitment to the UK and our deep-rooted heritage in London. We have been successfully growing our European teams and network to further support our clients across Europe and around the globe." Jeremy Taylor, CEO of Lazard UK Asset Management said, "20 Manchester Square is more than just a new office—it's a reflection of our values and vision. We are committed to delivering exceptional performance for our clients. This new UK headquarters embodies our dedication to innovation, collaboration, and thoughtful stewardship as we continue to best serve the needs of our clients." The new building offers modern office space and has been designed with an emphasis on innovation and sustainable standards of construction, technology and use. The space has renewable energy from solar panels on the roof and a rainwater harvesting system. The building's construction adhered to the UK Green Building Council framework for net-zero carbon emissions and recycled, long-life materials with reduced replaceability have been used across floors, walls and ceiling finishes, with water efficient taps, showers and fixtures in place throughout. 20 Manchester Square is situated next door to the Wallace Collection and Regent's Park, and the area is well known for its cultural landmarks and accessible transport links. Lazard UK is relocating from 50 Stratton Street, after over twenty years. ABOUT LAZARD Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit and follow Lazard on LinkedIn. View source version on Contacts MEDIA CONTACTS Poppy Trowbridge, Financial Advisory+44 207 187 Zoe Butt, Asset Management+44 20 7448 INVESTOR CONTACT Alexandra Deignan+1 212 632 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
FDCTech Engages E.F. Hutton to Lead Capital Raise and Advise on Uplisting to a Senior Exchange
E.F. Hutton's leadership has advised on over $750 million in private credit deals, reinforcing its commitment to strategic financing and diversified investment solutions. Irvine, CA, May 28, 2025 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced that it has engaged E.F. Hutton & Co. LLC ('E.F. Hutton') as its financial advisor. E.F. Hutton will provide general financial advisory services to FDCTech, including assistance in identifying and evaluating financing opportunities and potential strategic transactions. The engagement letter with E.F. Hutton became effective as of May 23, 2025. E.F. Hutton, a brokerage firm under the leadership of Chief Executive Officer Joseph T. Rallo, has advised on over $750 million in private credit transactions across sectors including consumer, defense, industrials, healthcare, real estate, and technology. The firm's global expertise in complex financial transactions and strategic capital solutions will help FDCTech pursue its growth and capital raise initiatives. Since December 2021, FDCTech has been rapidly growing its revenue and balance sheet, reflecting the success of its expansion and integration strategy. In February 2025, the Company engaged Lucosky Brookman LLP, a nationally recognized corporate and securities law firm, to assist in exploring an uplisting to a senior national securities exchange, such as the Nasdaq Capital Market or the New York Stock Exchange. Today's announcement of E.F. Hutton's engagement is another crucial step in the Company's plan to pursue an uplisting and access broader capital markets. By leveraging E.F. Hutton's extensive global network and deep industry relationships, FDCTech aims to accelerate its growth trajectory in 2025 and beyond, in line with its mission to become a leader in diversified financial services driven by its proprietary technology infrastructure. The Company intends to capitalize on E.F. Hutton's advisory and capital markets expertise to support its multi-jurisdictional growth strategy and maximize long-term shareholder value. For more information on the Company's results and strategic plans, please visit our SEC filings or the Company's website. E.F. Hutton E.F. Hutton & Co. is a broker-dealer headquartered in New York, NY that provides advisory and financing solutions to a variety of clients including corporates, sponsors, and public-private partnerships. The Executive Team at E.F. Hutton & Co. has a proven track record of providing unwavering strategic advice to clients across the globe, including the US, Asia, Europe, UAE, and Latin America. Lucosky Brookman LLP Lucosky Brookman LLP is a full-service corporate and securities law firm providing sophisticated legal representation to public and private companies, institutional investors, and entrepreneurs. The firm specializes in capital markets, mergers and acquisitions, regulatory compliance, and corporate governance. With extensive experience in securities law and exchange listings, Lucosky Brookman assists companies in navigating complex financial transactions and regulatory frameworks. FDCTech, Inc. FDCTech, Inc. ("FDC") is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients. Press Release Disclaimer This press release's statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Media Relations
Irish Times
27-05-2025
- Business
- Irish Times
Department of Finance to wind down special bank shareholdings unit
The Department of Finance is set to wind down over the coming months the special banks shareholding and financial advisory division set up as the Government bailed out lenders during the financial crisis. It comes as Minister for Finance Paschal Donohoe is set to sell the State's remaining shares in AIB soon and as the remains of the Irish Bank Resolution Corporation (IBRC) and the National Asset Management Agency (Nama) are on track to move to a new resolution unit in the National Treasury Management Agency (NTMA) later this year. Human resources officials told staff in the unit, which is led by Des Carville and employs around 20 people, in a memo last week that the principle functions of the bank shareholding and financial advisory division have been successfully completed and that it is now entering 'a new transition phase whereby the division will be wound down'. 'There will be a number of strands to the project which will take place over the coming months and some aspects of the work of the division will remain in the Department,' the memo said. READ MORE About a dozen of the staff, including Mr Carville, are on secondment from the NTMA and will return to the agency as their roles in the Department come to an end. A spokesman for the NTMA declined to comment. Mr Carville's long-time right-hand man, Scott Rankin, took a career break late last year to join PTSB as head of the bank's investor relations team. It is expected that the civil servants currently working in the unit will ultimately take over its remaining activities, including managing the gradual sale of the Government's remaining 57 per cent stake in PTSB. A spokesman for the Department confirmed that staff have been advised that 'a transition phase will commence shortly' for the until. He noted that final taxpayer shares in Bank of Ireland were sold in 2022, the State's interest in AIB is now about 3 per cent and the transfer of the remaining IBRC and Nama functions to a special resolute unit will take place later this year. Anglo Irish Bank was renamed IBRC in 2011 and subsequently took over the activities of fellow failed lender Irish Nationwide Building Society. IBRC was put into liquidation in 2013. The bank shareholding and financial advisory division had oversight of all these developments. The unit also had involvement in a range of cross-departmental initiatives over the years, including the establishment of the First Homes Scheme, a shared-equity programme for first-time buyers, and the Land Development Agency.
Zawya
26-05-2025
- Business
- Zawya
Egypt: EFG Hermes advises on $18mln short-term note for Hermes Securities Brokerage
Arab Finance: EFG Hermes, a subsidiary of EFG Holding, has completed advisory on a senior unsecured short-term note issuance worth EGP 900 million for Hermes Securities Brokerage Company (HSB), as per an emailed press release. This is the sixth issuance by HSB and the first under its EGP 3 billion approved program. The bond has a 12-month tenor with a variable interest rate. HSB's national scale long-term senior unsecured entity rating of BBB+ with a positive outlook and short-term senior unsecured issuer rating of P2 were confirmed by Middle East Ratings and Investor Services (MERIS). EFG Hermes served as the sole financial advisor, transaction manager, book-runner, underwriter, and arranger. Commercial International Bank (CIB) acted as placement and subscription bank. Legal advisory was provided by Dreny & Partners, with KPMG appointed as auditor. This follows other debt issuances managed by EFG Hermes, including Bedaya's sixth securitization of EGP 1.64 billion, valU's 14th securitized bond of EGP 463.3 million, Bedaya's fifth securitization of EGP 1.78 billion, Sylndr's EGP 300 million working capital facility, and a short-term note of EGP 433 million for EFG Corp-Solutions. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
