Cantor Fitzgerald Europe, a securities and derivatives investment bank, released its financial statement for the year ending December 31, 2022. The report highlights the company’s strong financial performance and strategic priorities going forward.
In 2022, the company operating in the UK, Israel and Dubai reported pre-tax profits of $12.6m, a significant increase of 36% from the previous year’s $1.1m profit. The company’s total profit increased by 80.5% compared to 2021.
“Investment banking had a record year with increased deal flow in the energy, infrastructure and renewables space,” the company wrote in the report. Equities continued to move to align the business with our strengths in the US. Prime Brokerage continued to make significant client additions driving balance and execution growth.”
Despite lower market volume resulting in lower fixed income client activity, Cantor Fitzgerald Europe remained focused on maintaining profitability by reducing cost and increasing revenue. The Company aims to maintain excess regulatory capital and exceed minimum capital ratio requirements.
In addition, Cantor Fitzgerald Europe’s total assets increased from $1.045 billion in 2021 to $1.174 billion in 2022. This growth reflects the company’s commitment to maintaining a strong financial position while pursuing growth opportunities.
Looking ahead, Cantor Fitzgerald Europe plans to continue to focus on its core activities of investment banking, equities, fixed income and core services while exploring new growth opportunities. “The company will continue to focus on delivering value to customers through innovation and service excellence,” the report states.
An FCA regulated firm and a member of the LSE
The company holds a Financial Conduct Authority (FCA) license to conduct investment business in the United Kingdom under the Financial Services and Markets Act 2000.
As of December 31, 2022, Cantor Fitzgerald Europe was a registered member of the London Stock Exchange (LSE) for share exchange services. For derivatives exchange services, it has also held memberships with Euronext in Amsterdam and Paris, Eurex Exchange and ICE Futures Europe.
Cantor Fitzgerald was founded in 1945 as an investment bank and broker. Over the course of 70 years, it has grown exponentially and developed into one of the most important global financial services companies.
Cantor Fitzgerald Europe, a securities and derivatives investment bank, released its financial statement for the year ending December 31, 2022. The report highlights the company’s strong financial performance and strategic priorities going forward.
In 2022, the company operating in the UK, Israel and Dubai reported pre-tax profits of $12.6m, a significant increase of 36% from the previous year’s $1.1m profit. The company’s total profit increased by 80.5% compared to 2021.
“Investment banking had a record year with increased deal flow in the energy, infrastructure and renewables space,” the company wrote in the report. Equities continued to move to align the business with our strengths in the US. Prime Brokerage continued to make significant client additions driving balance and execution growth.”
Despite lower market volume resulting in lower fixed income client activity, Cantor Fitzgerald Europe remained focused on maintaining profitability by reducing cost and increasing revenue. The Company aims to maintain excess regulatory capital and exceed minimum capital ratio requirements.
In addition, Cantor Fitzgerald Europe’s total assets increased from $1.045 billion in 2021 to $1.174 billion in 2022. This growth reflects the company’s commitment to maintaining a strong financial position while pursuing growth opportunities.
Looking ahead, Cantor Fitzgerald Europe plans to continue to focus on its core activities of investment banking, equities, fixed income and core services while exploring new growth opportunities. “The company will continue to focus on delivering value to customers through innovation and service excellence,” the report states.
An FCA regulated firm and a member of the LSE
The company holds a Financial Conduct Authority (FCA) license to conduct investment business in the United Kingdom under the Financial Services and Markets Act 2000.
As of December 31, 2022, Cantor Fitzgerald Europe was a registered member of the London Stock Exchange (LSE) for share exchange services. For derivatives exchange services, it has also held memberships with Euronext in Amsterdam and Paris, Eurex Exchange and ICE Futures Europe.
Cantor Fitzgerald was founded in 1945 as an investment bank and broker. Over the course of 70 years, it has grown exponentially and developed into one of the most important global financial services companies.