Cantor Fitzgerald & Co. to Boost Its Investment Banking Business

NEW YORK, Feb. 29, 2012 /PRNewswire/ -- Cantor Fitzgerald & Co., which recently announced plans to add at least 200 people in 2012, is setting the stage for significantly upgrading its Investment Banking group.

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Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co., said, "We are going to refocus and amplify our team.  This is an incredibly attractive time in the marketplace to upgrade our Investment Banking business by bringing aboard world-class banking professionals.  Current changes in market dynamics mean that highly skilled professionals are attracted to Cantor more than ever before.  It's a tremendous time to build an all-star banking team."

He added, "As a capital markets investment bank, Cantor Fitzgerald offers clients a full scope of underwriting, distribution, and capital raising capabilities that simply cannot be matched by the M&A advisory boutiques many bankers set up on leaving large investment banks.  Very few firms can bring together the capital markets expertise, broad platform and opportunity to attract world-class bankers that Cantor can. We expect a significant increase in headcount across Cantor Fitzgerald this quarter and throughout the rest of the year, and that Investment Banking will have a dramatically larger new complement of tremendously talented bankers this year."

Steven L. Kantor, Executive Managing Director and Global Head of Investment Banking, stated, "We are moving our banking practice up-market.  The marketplace is ripe for talent acquisition and the timing has never been better to add substantial numbers of enormously capable professionals.  We intend to become bigger and better."

Note to Editors:
Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald & Co.

SOURCE Cantor Fitzgerald, L.P.