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Evercore (EVR) Stock News, Oct 12, 2020

EVR NYSE

Evercore Inc. reports developments tied to its role as a global independent investment banking advisory firm. Its recurring updates cover results for the Investment Banking & Equities and Investment Management segments, including advisory work on mergers, acquisitions, divestitures, restructurings, shareholder advisory and capital structure matters, as well as public and private capital raising, equity research, sales and agency trading.

Company news also includes dividend actions, senior banker additions in sector groups such as healthcare, biotechnology and private capital advisory, and Evercore-hosted research forums focused on technology, media, telecommunications and private markets. Wealth management updates address planning, investment management, trust and custody services for high-net-worth families, foundations, endowments and institutional clients.

Rhea-AI Summary

Evercore Partners Mexico (EPM) announced that CEO Augusto Arellano and Senior Managing Director Arturo Ramirez are leaving to establish TACTIV, an independent advisory firm, while forming a strategic alliance with Evercore. They have extensive experience in the Mexican market and notable achievements, including Fibra transactions. Arellano emphasized the repositioning of their business in Mexico to better serve clients and mentioned the acquisition of Evercore Casa de Bolsa to enhance capital markets advisory. The alliance aims to leverage Evercore's global reach while providing local expertise.

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FAQ

What is the current stock price of Evercore (EVR)?

Evercore (EVR) last closed at $251.88.

What is the market cap of Evercore (EVR)?

The market cap of Evercore (EVR) is approximately $9.7B.