During the third quarter, particularly in September, the financial markets experienced extraordinary volatility, and the impact of this market dislocation was reflected in our financial results, as noted in our third quarter earnings announcement.
Piper Jaffray Companies announced changes to its senior management committee, naming Thomas Schnettler as president and chief operating officer and adding the heads of its Asia and European operations to its executive team.
Piper Jaffray Ltd., an affiliate company of U.S.-based Piper Jaffray & Co. located in the United Kingdom, is a leading middle market investment bank and institutional securities firm.
We serve the needs of European middle market corporations, private equity groups and institutional investors.