The first quarter presented significant challenges in the capital markets, which led to disappointing financial performance for our firm. As detailed in the earnings announcement, we recorded a net loss of $3.4 million for the quarter.
Piper Jaffray Companies announced changes to its senior management committee, naming Thomas Schnettler as president and chief operating officer and adding the heads of its Asia and European operations to its executive team.
Piper Jaffray Ltd. hires Michael Covington as managing director and head of European clean technology and renewables investment banking.
Piper Jaffray Companies Announces Second Quarter Results
Listen to the audio webcast replay of the Q2 2008 financial results conference call.
To access a replay of the conference call on the telephone, dial 800 642-1687 (706 645-9291 international) and reference ID 54396231.
Piper Jaffray Ltd., an affiliate company of U.S.-based Piper Jaffray & Co. located in the United Kingdom, is a leading middle market investment bank and institutional securities firm.
We serve the needs of European middle market corporations, private equity groups and institutional investors.