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(established in 1918). A leading full-service securities firm, SG Cowen perennially receives top rankings in certain markets, most notably health care and high tech. The firm has the largest health care research team, with 25 analysts covering more than 100 companies.
With the purchase by Societe Generale, SG Cowen is focusing almost entirely on investment banking businesses. While cutting back its asset management business, the firm was looking to expand in I-banking. In the first half of 1999, SG Cowen hired 20 managing directors from bulge bracket firms to expand its investment banking franchise...
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