International Assets Expands Debt Capital Markets with Miami Office
By: Financial News
International Assets Holding Corporation (the “Company”) (NASDAQ:IAAC) announced today that it has expanded its debt capital markets business with the recruitment of Peter Wallin and the establishment of a Miami office.
Peter Wallin has worked in the Latin American capital markets for over 30 years and brings with him an extensive knowledge of the region. Mr. Wallin has spent the past nine years with Standard Bank plc, where he successfully spearheaded the group’s establishment of its capital markets business in Latin America in 1998.
Mr. Wallin will open an office in Miami focusing on Latin American activities and will be joined by Jaime Borja and Alessandro Collito. Raul Mas of INTL Consilium, the Company’s asset management business, will also now be based in the Miami office.
Sean O’Connor, CEO, stated, "We are very pleased to have recruited both Peter and Jaime and are excited about having a presence in Miami. Peter and I have worked together for many years and he brings a wealth of experience and long standing relationships with both international issuers as well as investors. This will add significant depth, experience and relationships to our existing private placement business.”
About International Assets Holding Corporation (Nasdaq ‘IAAC’)
International Assets Holding Corporation and its subsidiaries (the “Company”) form a financial services group focused on select international securities, foreign exchange and commodities markets. We commit our capital and expertise to market-making and trading of international financial instruments, currencies and commodities. The Company’s activities are currently divided into five functional areas — international equities market-making, international debt capital markets, foreign exchange trading, commodities trading and asset management.
Certain statements in this document may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including adverse changes in economic, political and market conditions, losses from the Company's market-making and trading activities arising from counter-party failures and changes in market conditions, the possible loss of key personnel, the impact of increasing competition, the impact of changes in government regulation, the possibility of liabilities arising from violations of federal and state securities laws and the impact of changes in technology in the securities and commodities brokerage industries. Although the Company believes that its expectations with respect to the forward-looking statements are based upon reasonable assumptions, there can be no assurances that the actual results, performance or achievement of the Company will not differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Article Source: http://www.content.onlypunjab.com Additional information regarding the Company is available on the Company’s web site at www.intlassets.com.
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