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Stock impact report

Barclays Ex-CEO Diamond Takes Stake in Investment Bank Cascadia [Financial Post (Toronto, Ontario, Canada)]

Huntington Bancshares Incorporated (HBAN) 
Last huntington bancshares incorporated earnings: 4/23 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: huntington-ir.com
Company Research Source: Financial Post
(Bloomberg) — A firm run by former Barclays Plc Chief Executive Officer Bob Diamond is taking an equity stake in middle-market investment bank Cascadia Capital as the advisory business looks to expand. Jeep's electric push, and Chevy's entry-level Equinox EV Advertisement An investment fund tied to Diamond's New York-based Atlas Merchant Capital will provide Seattle-based Cascadia with a “strategic growth equity investment,” the companies said in a joint statement Wednesday. Terms weren't disclosed. “We like to find investments where we can really add to the growth agenda,” Diamond said in an interview. “There are so many ways we can help.” The agreement arrives as banks venture deeper into financial services targeted at middle-market companies via acquisitions. Huntington Bancshares Inc. acquired advisory firm Capstone Partners earlier this year, while Toronto-Dominion Bank agreed to buy US brokerage Cowen Inc. to increase its reach into capital markets. “Over the years Show less Read more
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