Investment Banking

Double deal gives City advisory house a US push

DC Advisory’s parent group, Daiwa Securities, is buying two North American advisory firms

Double deal gives City advisory house a US push

City corporate finance house DC Advisory has received a boost it its business in the US, after its Japanese parent announced plans to buy two American advisory firms.

Daiwa Securities Group, headquartered in Tokyo, is buying New York-based advisory boutique Signal Hill as well as taking full control of Sagent Advisors, a firm in which it already owns a stake, according to a statement from the buyer.

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