NEW YORK--(BUSINESS WIRE)--Keefe, Bruyette & Woods, Inc. (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), today named Frank Cicero a Managing Director in the Depository Investment Banking Group. Mr. Cicero joins KBW as a senior member of the team and will be responsible for merger and strategic advisory services, recapitalizations, restructurings and capital markets transactions for banks and thrifts.
Mr. Cicero comes to KBW following five years with Jefferies where he was Global Head of the Financial Institutions Group. He previously was the head of investment banking coverage for banks at Barclays Capital and Lehman Brothers. He began his career at KBW, spending seven years with the firm.
“Frank brings a wealth of industry knowledge and advisory relationships to KBW and we are excited to have him rejoin the firm,” noted Peter Wirth, Global Head of Investment Banking at KBW. “As the wave of bank consolidation continues, Frank’s addition helps solidify our position as one of the most experienced, creative groups of investment bankers in the financial services sector.”
KBW is the premier advisor on financial services industry transactions in the United States. Since the beginning of 2015, KBW has advised on 58 deals, totaling over $4.8 billion in transaction value, and has been the top-ranked underwriter of common stock, participating in 132 deals with a combined deal value of approximately $37 billion.
KBW LLC, a Stifel company, operates in the U.S. and Europe through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods Limited (KBW Europe). Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.