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Top-Ranked Minority-Owned Finance Firm Invests in Future of Historically Black Colleges and Universities
February 01, 2021
NEW YORK -- Siebert Williams Shank & Co LLC (SWS), the nation’s top-ranked minority- and woman-owned investment banking firm, is helping to establish the next generation of African American business leaders by donating $200,000 to support educational programs at Howard University and Spelman College, two of America’s preeminent Historically Black Colleges and Universities
President and CEO Suzanne Shank has been a board trustee of Spelman College for seven years and firm Chairman Christopher Williams and equity partner Gary Hall are both alumni of Howard, along with several employees at the firm. Mr. Hall is also the parent of a Howard sophomore.
The firm hopes to motivate other financial institutions who have not yet supported these institutions to do so.
Ranked among the top corporate and municipal finance firms, its founders included Muriel Siebert, the first women to own a seat on the New York Stock Exchange.
The donation also comes approximately one year following the merger of Siebert Cisneros Shank & Co. and The Williams Capital Group, creating the top minority- and women-owned investment bank in the U.S.
The gift to Spelman will establish an Innovation Lab fellowship program which will support students to learn and put into practice key elements of business strategy and entrepreneurship over a year-long program. The Innovation Lab will allow students to develop and sustain business models, participate in mentorship and internship programs, and develop a variety of business skills.
The gift to the Howard University School of Business will support its 50th anniversary strategic initiatives, a comprehensive plan that includes student retention programming, career placement opportunities, technology enhancement, curriculum development, and undergraduate scholarships.
“We are grateful for this generous gift from Trustee Shank’s firm to Spelman’s Innovation Lab, a space on campus that enables students to experiment with technology to realize their entrepreneurial and creative efforts,” said Mary Schmidt Campbell, Ph.D., president of Spelman.
“On behalf of the School of Business, I want to thank the Siebert Williams Shank Foundation for their support and partnership,” said Anthony Wilbon, Ph.D., dean of the Howard University School of Business. “The fact that there are two Howard University alumni at the helm of America's top-ranked woman and minority-owned investment bank speaks volumes about the value of a Howard University education. We are very grateful that both Mr. Gary Hall and Mr. Chris Williams have continued to support their alma mater, and there is no doubt in my mind that this contribution is a true testament to the Howard University tenets of truth and service. We could not be more grateful.
February 01, 2021
NEW YORK -- Siebert Williams Shank & Co LLC (SWS), the nation’s top-ranked minority- and woman-owned investment banking firm, is helping to establish the next generation of African American business leaders by donating $200,000 to support educational programs at Howard University and Spelman College, two of America’s preeminent Historically Black Colleges and Universities
President and CEO Suzanne Shank has been a board trustee of Spelman College for seven years and firm Chairman Christopher Williams and equity partner Gary Hall are both alumni of Howard, along with several employees at the firm. Mr. Hall is also the parent of a Howard sophomore.
The firm hopes to motivate other financial institutions who have not yet supported these institutions to do so.
Ranked among the top corporate and municipal finance firms, its founders included Muriel Siebert, the first women to own a seat on the New York Stock Exchange.
The donation also comes approximately one year following the merger of Siebert Cisneros Shank & Co. and The Williams Capital Group, creating the top minority- and women-owned investment bank in the U.S.
The gift to Spelman will establish an Innovation Lab fellowship program which will support students to learn and put into practice key elements of business strategy and entrepreneurship over a year-long program. The Innovation Lab will allow students to develop and sustain business models, participate in mentorship and internship programs, and develop a variety of business skills.
The gift to the Howard University School of Business will support its 50th anniversary strategic initiatives, a comprehensive plan that includes student retention programming, career placement opportunities, technology enhancement, curriculum development, and undergraduate scholarships.
“We are grateful for this generous gift from Trustee Shank’s firm to Spelman’s Innovation Lab, a space on campus that enables students to experiment with technology to realize their entrepreneurial and creative efforts,” said Mary Schmidt Campbell, Ph.D., president of Spelman.
“On behalf of the School of Business, I want to thank the Siebert Williams Shank Foundation for their support and partnership,” said Anthony Wilbon, Ph.D., dean of the Howard University School of Business. “The fact that there are two Howard University alumni at the helm of America's top-ranked woman and minority-owned investment bank speaks volumes about the value of a Howard University education. We are very grateful that both Mr. Gary Hall and Mr. Chris Williams have continued to support their alma mater, and there is no doubt in my mind that this contribution is a true testament to the Howard University tenets of truth and service. We could not be more grateful.
