KBW powers up in FinTech and Financial Services with Senior Upgrade

February 6, 2024
1 min read

TLDR: Keefe, Bruyette & Woods (KBW) has announced the hiring of several senior bankers in order to strengthen its FinTech and Financial Services platform. The new hires include Rahul Buxani, Shal Chowdhury, Matthew Schneider, and Ted Conway, who have been appointed as Managing Directors in KBW’s FinTech & Financial Services Group. These additions bring KBW’s total number of professionals in the platform to nearly 50, enhancing their capabilities in mergers and acquisitions, capital raises, and advisory services. The move aligns with the trend of consumer shift towards FinTech applications and the projected revenue growth in the sector.

Keefe, Bruyette & Woods (KBW), a subsidiary of Stifel Financial Corp., has expanded its FinTech and Financial Services platform by hiring several senior bankers. The new hires, including Rahul Buxani, Shal Chowdhury, Matthew Schneider, and Ted Conway, have been appointed as Managing Directors in KBW’s FinTech & Financial Services Group. The addition of these senior bankers brings KBW’s total number of professionals in the platform to nearly 50, enhancing the firm’s capabilities in mergers and acquisitions, capital raises, and advisory services.

The new hires bring extensive experience from their previous roles in leading financial institutions, and their expertise is expected to reinforce KBW’s position as a leader in the FinTech and financial services sectors. This growth aligns with industry trends indicating a significant consumer shift towards FinTech applications, with projections suggesting that revenue growth for FinTech companies will outpace traditional banks by threefold from 2023 through 2028.

KBW’s teams in North America and Europe collaborate to provide global services to their clients. Established in 1962, KBW has established itself as a leading authority in various financial service sectors, including banking, insurance, brokerage, and asset management. As a part of Stifel Financial Corp., KBW is continuously expanding and hiring strategically to strengthen its position in the financial landscape.

Stifel Financial Corp. is a financial services holding company with operations in banking, securities, and financial services through its subsidiaries. By strengthening its subsidiary KBW, it broadens its capabilities and adapts to the evolving financial landscape, characterized by a shift towards FinTech applications and services.

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