Academic journal article ABA Banking Journal

Major Casualties. (THE N.Y. EXPERIENCE)

Academic journal article ABA Banking Journal

Major Casualties. (THE N.Y. EXPERIENCE)

Article excerpt

As widely reported, several companies suffered massive losses in the trade center attack. Bond trading firm, Cantor Fitzgerald, and its sister companies, for example, lost about 730 out of its 1,000 U.S. employees. Two companies with especially close ties to the banking business also suffered heavy losses. Here are brief rundowns on them:

Keefe, Bruyette & Woods: This investment banking firm, which specializes in financial services stocks and deals, maintained its headquarters offices on three floors of Tower Two and is presumed to have lost 67 of its employees. (This includes co-CEO Joseph Berry and most of its research department.) The firm remains in business and can be reached through regional offices listed on its website at www.kbw.com. A temporary New York office has also been set up.

The firm suggests the following contact points for clients:

Equity Sales & Research: (212) 554-3970

Equity Sales & Trading: (800) 726-0006 or (800) DIAL-KBW

Fixed Income Investments: (212) 554-3980

Corporate Finance: (212) 403-1007

Other inquiries: (212) 403-1004

A KBW Family Fund has been established at North Fork Bank, 275 Broad Hollow Rd. …

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