Merger Leads To Top Women-Led, Minority-Owned Investment Firm on Wall Street

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Come November, the women-led Wall Street firm Siebert Cisneros Shank & Co. will finalize its merger with minority-owned investment bank The Williams Capital Group.

was cofounded in 1996 by Suzanne Shank, the current CEO, Muriel “Mickie” Siebert, the first woman to be a member of the New York Stock Exchange and head a publicly traded financial services firm, and Napoleon Brandford, who is now retired. Since the, Shank has led the firm.

As an African-American woman, she makes the firm a rare minority-woman-led investment firm. More than half of the firm’s employees are minority, and on its own the firm ranks high in the industry as a co-manager of municipal bond offerings. In 2018, SCS helped oversee more than $116.1 billion in corporate debt and equity transactions.

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