Key facts
- Piper Sandler is opening new offices in Paris, France, and Zurich, Switzerland.
- The Zurich office will focus on distributing U.S. equity research and trading products to Swiss clients.
- The new European expansion includes hiring six former Credit Suisse professionals.
- Piper Sandler previously partnered with Kepler Cheuvreux for European research distribution.
Piper Sandler Companies is expanding its global reach with the establishment of new offices in Paris, France, and Zurich, Switzerland. The investment bank aims to enhance its distribution of U.S. equity research and trading products to a wider European client base.
The Zurich office will be led by Alex Molloy, Vincenzo Pescuma, and Luigi Colazzo, who bring extensive experience from their previous roles at Credit Suisse. They will be responsible for managing sales and distribution efforts targeting Swiss-based clients. This expansion is part of a broader strategy to increase Piper Sandler's presence in the European market, with a new office also being established in Paris.
In total, Piper Sandler has hired six sales and trading professionals, all previously employed by Credit Suisse, across various European and U.S. locations including Zurich, Paris, London, and New York. This move signifies a significant investment in strengthening its international capabilities.
Previously, Piper Sandler had a strategic partnership with Kepler Cheuvreux, a European broker, which focused on distributing U.S. equity research in Europe and European equity research in the U.S. This new direct expansion suggests a shift in strategy for Piper Sandler's European market engagement.