French financial services group Oddo & Cie has confirmed the acquisition of the German securities trading house Oddo Seydler Bank AG. The Franco German business now aims to combine its expertise in offering adivisory and placement capacity in both countries. Close Brothers Seydler Bank AG will now be named Oddo Seydler Bank AG and become […]
British financial services group Close Brothers has sold the Seydler Bank AG, its German securities business, to French midcap broker Oddo &Cie, the company will be renamed Oddo Seydler. Oddo&Cie already has a Frankfurt-based office, with the aquisition of 110 employee strong Seydler Bak, the firm aims to develop its investment banking activities and lay […]
The resilience of corporate Germany and poor yields from core European debt is a combination that is leading fixed income investors to broaden their scope, often to include paper issued by the Mittelstand, says German market broker Close Brothers Seydler Bank.