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Keefe, Bruyette & Woods, Inc. is an investment banking firm headquartered in New York City, specializing exclusively in the financial services sector. KBW's primary business lines include Research, Corporate Finance, Equity Sales and Trading, Fixed Income Sales and Trading, Equity Capital Markets, Debt Capital Markets, and Asset Management. The firm provides a broad range of services to corporate clients such as banking companies, insurance companies, real estate and REITs, broker-dealers, mortgage banks, asset management companies, and specialty finance firms as well as to the institutional investor community. KBW's research analysts cover more than 600 companies in the financial services industry globally.〔 The company, which was founded in 1962, currently has eight offices in the United States as well as offices in London, Hong Kong and Tokyo. In 2012, KBW was acquired by Stifel Financial, a financial services holding Company, for $575 million.〔(Company Overview on Businessweek )〕 ==History== The firm was founded in 1962 by Harry Keefe Jr., Gene Bruyette and Norbert Woods. The three founders previously had worked together at Tucker, Anthony & R. L. Day.〔(Harry Keefe Jr., 79, Innovator In Investments in Bank Stocks ). New York Times, March 14, 2002〕 Beginning in the 1950s, Keefe had been one of the first Wall Street research analysts to focus on bank stocks, which later became the specialty of the firm he co-founded.〔 Norbert Woods died in 1972 and the firm was led by Keefe and Bruyette through the 1970s and 1980s.〔(Keefe Takes on the Big Leagues ). Euromoney, June 1986.〕 Under Harry Keefe, the firm advised on several mergers that helped form large regional banks in the 1980s. The firm advised on a series of deals that created the Bank of New England out of smaller banks in Massachusetts and Connecticut. KBW also advised on the creation of SunTrust Bank from a group of Florida and Georgia based banks. In 1985, KBW negotiated the merger of Wachovia and First National Bank of Atlanta.〔Keefe, a Pioneer Dealmaker, Still Going Strong at Age 70. American Banker, December 14, 1992〕 More recently, in 2005, the firm was sole adviser to Bank of America in their takeover of MBNA. Harry Keefe left the firm in 1989 after a business dispute with his associates and founded his own money management and consulting firm.〔 By 1990, KBW had transitioned management of the firm from the original founders to a new group including Charles Lott and James McDermott.〔(Keefe Bruyette & Woods Chooses a President ). New York Times, October 04, 1990〕 Gene Bruyette retired from the firm in 1991. James McDermott was later convicted of violating insider trading rules in 2000 by providing stock tips to a girlfriend.〔(Apologizes to his family ). New York Daily News, August 04, 2000〕 In November 2006, KBW completed a $100 million initial public offering of stock.〔(Bruyette & Woods files $100 mln IPO )〕 The firm is traded on the NYSE under the ticker 'KBW'.〔(IPO of KBW )〕 As of the end of 2010, KBW employees owned approximately one-third of the stock in the company.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Keefe, Bruyette & Woods」の詳細全文を読む スポンサード リンク
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