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Friday, September 26, 2008

As the landscape of financial institutions changes dramatically....

Reacting to the changing landscape of US financial institutions NY-based investment bank Lighthouse Financial Group and financial services firm Matrix USA have announced a strategic partnership.

In a bid to show the strength of “a more entrepreneurial and nimble approach to financial services and investment banking”, the partnership will be led by Mike Blaustein, President & CEO of Matrix USA (formerly of Lehman Brothers) and Rob Weinstein, Partner, SMD and Head of Institutional Equities at Lighthouse Financial Group (formerly of Bear Stearns) and it will place an additional focus on the basic needs of institutional and professional clients.

“There is definitely an opportunity for a small, nimble firm to focus on efficiently servicing the customer.” Weinstein told Opalesque. “Combining forces enables us to deliver full-service coverage faster and more efficiently.”

The focus on offering service to those hedge funds who were previously clients with the now defunct larger investment houses is clear as the partnership includes attribu......................

Source:
As the landscape of financial institutions changes dramatically....

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