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US: Financial merger to launch full-service investment bank

By  |  September 30, 2013

Credit-market brokerage Seaport Group and boutique investment bank Global Hunter Securities announced via email Monday plans to merge in what Seaport co-founder Mike Meager said would become “one of the few genuinely full-service boutique investment banks” that reaches across all markets.

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    While merger plans went public Monday, financial details were not disclosed.

    Both companies, just over a decade old, have reportedly grown since the financial crisis.

    The combined firm will operate out of New York and New Orleans, according to a statement. A name has yet to be picked for the new company.

    Full Content: Bloomberg

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