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Suzanne Shank

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Investment Banker Suzanne Shank Joins Kresge Foundation Board of Trustees

This past Monday, The Kresge Foundation — one of the nation’s leading social services and philanthropic nonprofits fostering economic and social change — announced investment banker Suzanne Shank as one of its newest members to join the foundation’s board of trustees, The Bond Buyer reports . Both Shank and her colleague — finance scholar Michael Barr — were named trustees to serve on the governing body for the private, national foundation. “Suzanne and Michael are extraordinary additions to our Board of Trustees,” Kresge Board Chair Elaine D. Rosen stated in a news release . “Their individual expertise in finance and banking and combined community development leadership—specifically in low-income communities—will further bolster the foundation’s efforts to expand opportunity for people living in America’s cities.” Following their initial 4-year terms, per the foundation’s governance rules, Shank and Barr’s trustee appointments could extend to a maximum of 16 years, The Bond Buyer...

Njera Perkins

Sep 24, 2020

Two Minority-Led Investment Banks Expected to Close on Merger in November

Siebert Cisneros Shank & Co. and The Williams Capital Group are set to close on a merger early next month, according to a press release . The deal will make Siebert Williams Shank & Co. one of the top women-led and minority-owned investment banks in the country. “Williams was the only firm with the capabilities, talent, and integrity in the corporate underwriting space that we felt expanded our franchise and matched our work-ethic and high-standards of performance, and now, we have created a truly historic firm,” Suzanne Shank, a founding partner and CEO of Siebert Cisneros Shank & Co., said in a statement. Shank will serve as President and CEO of the new firm, while Christopher Williams serves as Chairman of the Board of Directors. Williams Capital has participated in a healthy number of debt and equity financings for clients across different industries and has held the top spot as co-manager of U.S. corporate debt. Siebert Cisneros Shank & Co. is top-ranked for co-managers of...

Arriana McLymore

Oct 21, 2019