TheMarkets.com Opens New Offices in New York and London

Date : 02/28/2007 @ 4:00PM
Source : PR Newswire
Stock : Deutsche Bank Ag (DB)
Quote : 82.71  0.74 (0.90%) @ 8:00PM
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TheMarkets.com Opens New Offices in New York and London

NEW YORK, Feb. 28 /PRNewswire/ -- TheMarkets.com, a leading provider of global research and estimates to institutional investors worldwide, today announced that it has relocated its New York office, in a move that triples the footprint of its global headquarters there. At the same time, the Company has opened a fully-staffed London office to support increasing demand in the region.

Entering its seventh year of operation, TheMarkets.com boasts a global client base including over 1500 institutions in 43 countries on six continents. This client base includes 42 of the 50 largest U.S. asset managers, over half of the top 100 European asset managers, three-quarters of the world's biggest 100 hedge funds, and 15 of the top 25 global private equity firms.

"Our recent move in New York and opening in London represent exciting strides for TheMarkets.com. Both of these locations are leading global financial centers-home to our founding brokers, many of our clients, and some of the world's most talented employees," said David Eisner, CEO and President. "Last year, our global employee headcount grew by two thirds. Our new offices are poised to support our continued growth in response to increasing market demand globally."

TheMarkets.com was designed by and for institutional investors. "We owe all the success we have achieved to our loyal client base," Eisner said. "Our commitment to attaining their continued satisfaction through product innovation and unparalleled client service has enabled us to get where we are today. We're excited to build further on that success with our recent expansion."

About TheMarkets.com

TheMarkets.com delivers unprecedented access to the premier real-time research, earnings models, estimates, and full website content and quantitative tools of its eleven contributing Member Firms, plus U.S. equity deal coverage and research from hundreds of global contributors. TheMarkets.com is owned by: Banc of America Securities, LLC (NYSE:BAC), Citigroup (NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB), Dresdner Kleinwort, part of Dresdner Bank AG and a member of the Allianz Group (NYSE:AZ), The Goldman Sachs Group (NYSE:GS), JPMorgan Chase (NYSE:JPM), Lehman Brothers (NYSE:LEH), Merrill Lynch (NYSE:MER), Morgan Stanley (NYSE:MS), UBS Investment Bank (NYSE:UBS), and Reuters (NASDAQ:RTRSYNASDAQ:LSE: RTR), the global information company, which provides technological infrastructure, web-hosting services, and certain proprietary content.

CONTACT: Beth Kite TheMarkets.com +1.212.812.4633

DATASOURCE: TheMarkets.com

CONTACT: Beth Kite of TheMarkets.com, +1-212-812-4633,

Web site: http://www.themarkets.com/

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