Keefe Bruyette and Woods Inc., a New York based investment bank, is reporting that it appears to have suffered heavy employee losses from the terrorist attack on the World trade Center.
The firm was headquartered on the 88th and 89th floors of 2 World Trade Center. Of its 170 employees at that location, 67 remain unaccounted for.
“This past week saw the occurrence of the single most horrific event in the lives of our country, our city, our company and each of the individuals that make up the KBW family. Fortunately, we have been able to account for the safe whereabouts of most of our people. However, many members of the KBW family are still missing,” the firm said in a statement signed by John Duffy, co-CEO and Andy Senchak, vice chairman today.
Despite the apparent devastation at the firm, it pledges to go on. “We have sustained a great loss, but all of us who remain at KBW are dedicated to continuing to serve the investment community and financial services industry as we have for over 40 years. We have the means and the talent to see this through,” it said.
KBW has established a fund for the families of colleagues who are yet unaccounted for. “While we have suffered an enormous tragedy, we expect to persevere both through the talents and efforts of those who survive and the contributions of the next generation that will follow us.”
67 employees still missing
New York investment bank Keefe Bruyette and Woods
- By: IE Staff
- September 14, 2001 September 14, 2001
- 11:30