(Reuters) - Cantor has rebounded since the Sept. 11, 2001 attacks on
its World Trade Center headquarters killed 658 of the firm's
nearly 1,000 New York employees. With its wholesale bond
business now once again among the market's leaders, Cantor is
splitting off its bond units while it expands in equities and a
number of other emerging asset classes.
Many are not those commonly found in a New York securities
firm, such as insurance and life settlements. Lutnick, the
keynote speaker at a Securities Industry and Financial Markets
Association conference in New York, sees life insurance
policies bundled and sold much the way mortgages are today.
Read more at Reuters.com Mergers News
its World Trade Center headquarters killed 658 of the firm's
nearly 1,000 New York employees. With its wholesale bond
business now once again among the market's leaders, Cantor is
splitting off its bond units while it expands in equities and a
number of other emerging asset classes.
Many are not those commonly found in a New York securities
firm, such as insurance and life settlements. Lutnick, the
keynote speaker at a Securities Industry and Financial Markets
Association conference in New York, sees life insurance
policies bundled and sold much the way mortgages are today.
Read more at Reuters.com Mergers News
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