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Cowen, Inc. engages in the provision of financial services. It operates through following the segments: Operating Company and Asset Company. The Operating Company segment consists of the Cowen Investment Management, Investment Banking, Markets, and Research divisions. The Asset Company segment consists of the firm’s private investments, private real estate investments, and other legacy investment strategies. The firm offers investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services, and actively managed alternative investment products. The company was founded in 1918 and is headquartered in New York, NY.
The news was likely due to a drop in investment banking revenue from some major players
Shares of the investment bank are rising based on takeout interest.
COWN earnings call for the period ending September 30, 2021.
COWN earnings call for the period ending June 30, 2021.
COWN earnings call for the period ending March 31, 2021.
COWN earnings call for the period ending December 31, 2020.
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