Gleacher & Co., Inc.
| Nasdaq: GLCH
Gleacher & Co., Inc. is an independent investment bank that provides corporate and institutional clients with strategic and financial advisory services, including merger & acquisition, restructuring, recapitalization, and strategic alternative analysis. It also engages in capital raising, research based investment analysis, securities brokerage services, and residential mortgage lending. The company operates its business through four business segments: Investment Banking, MBS & Rates, Credit Products and ClearPoint. The Investment Banking segment provides financial advisory and capital raising services in connection with mergers, acquisitions and other strategic matters. The MBS & Rates segment provides sales, trading, research and advisory services on a wide range of mortgage and asset-backed securities. The Credit Products segment provides analysis, sales and trading on a wide range of debt securities including, bank debt and loans, investment grade debt, high-yield debt, treasuries, convertibles, distressed debt, preferred debt, emerging market debt and reorganization equities to corporate and institutional investor clients. The ClearPoint segment originates, processes and underwrites single and multi-family residential mortgage loans within a number of states across the country. Gleacher was founded in 1985 and is headquartered in New York, NY.