News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Cantor grows but ratings firms sound caution

Ratings agencies claim Cantor has increased business risk from its expansion effort

Cantor Fitzgerald's ongoing expansion efforts contrast with the actions of competitors, many of which have shut down, sold or retreated in a prolonged difficult trading environment, and ratings agencies have noticed.

Last week, Cantor said it would buy Ireland's Dolmen Stockbrokers for undisclosed terms in a deal that would expand the firm's sales and trading, research and advisory services into that country for the first time.

WSJ Logo