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Siebert Continues Expansion of Corporate Finance & Capital Markets Group Adding Investment Banking
Mr. Teeters joins SCSCO from Barclays, where he had worked since 2005, serving as a Director in its Investment Banking Division. At Barclays, he was a senior coverage officer, leading Barclays' global efforts with mid- and large-cap public and private clients as part of its Global Consumer Retail team. Mr. Teeters managed the firm's efforts in the Household Products, Personal Care, Cosmetics and Branded Consumer Durables sectors and focused on key clients in the Food and Beverage sectors.
During his investment banking career, Mr. Teeters has executed transactions totaling over $200 billion in aggregate across domestic and cross-border M&A, corporate divestitures, investment grade and high yield bonds, acquisition finance, and equity and equity-linked offerings for global multinational companies and private equity firms. Mr. Teeters will report to John Rhea, who was named President of SCSCO's Corporate Finance and Capital Markets division in June. He will work with Mr. Rhea to further expand the firm's corporate finance business to match or exceed its municipal finance activity, where SCSCO routinely ranks among the top bond firms in the US.
In his new role, Mr. Teeters will provide primary coverage responsibility for large- and mid-cap corporate issuers across multiple industries, lead the firm's strategic advisory platform and take responsibility for the training and development of its junior bankers.
"This is a clear signal that we are ready and eager to compete in the corporate finance sector with the same tenacity and success that we do on the municipal side," said Chairwoman and CEO Suzanne Shank. "Jason will add tremendous value to our capital markets team and help continue to deliver the strong results that our clients have come to expect."
"Jason is an excellent addition to our team, which has continued to expand its footprint," said Mr. Rhea. "As we continue to grow our corporate finance activities, Jason's knowledge across the spectrum of debt and equity products and his deep M&A experience will allow us to create even greater value for our clients."
"I am eager to draw on the experience I have in the capital markets andadvisory businesses to work with my new and talented colleagues here at SCSCO to increase our reach," said Mr. Teeters. "I look forward to taking advantage of this opportunity and I'm particularly excited to develop our young talent to provide even greater support to our senior bankers."
A Philadelphia area native, Mr. Teeters is a graduate of Washington & Lee University and received his MBA from Duke University's Fuqua School of Business. He serves on the Board of Directors for READ Alliance, a New York City-based non-profit that works to improve the educational trajectory of at-risk, early elementary students through one-on-one tutoring in foundational reading skills.
He will work out of SCSCO's (www.siebertcisnerosshank.com)
Siebert Cisneros Shank & Co., LLC acquired Siebert Capital Markets in November 2014 from Siebert Financial Corp. and has significantly increased its corporate financing activities. Since that time, it has financed $395.0 billion in global corporate bond issuances and $25.5 billion in global equity offerings. SCSCO has increased its corporate transaction volume by 19% through the first three quarters of 2017 from $124 billion to $148 billion for a wide range of Fortune 500 corporations across industry sectors.
Dual headquartered in New York and Oakland, CA, SCSCO has 17 offices nationwide. It has transacted more than $1.4 trillion of municipal bonds and $1.1 trillion of corporate bond and equity transactions since its founding in 1996.
It earned the distinction in 2010 of becoming the first minority-owned firm in America to rank among the top 10 senior managers of municipal bonds, as ranked by Thomson Reuters. The firm ranked as the No. 1 minority- and woman-owned municipal finance firm for 18 consecutive years.