三级成人视频Jobs hang in the balance at US broker Cantor Fitzgerald’s London corporate finance operation after a bidder emerged for a part of the business bosses were preparing to shut down.
Cantor Fitzgerald三级成人视频 told staff this week that 25 to 30 jobs could be lost as it ceases advising on stock market floats and fundraising for small and mid-size businesses.
A source close to the New York-headquartered firm said on Friday morning that a deal to offload the unit had been struck overnight with an unnamed bidder.
It is not known whether the buyer intends to retain the employees who were bracing to lose their jobs.
Based in Canary Wharf, Cantor Fitzgerald’s London office serves as its European headquarters and advises small and mid-market companies. It employed 126 people in 2018, accounts show.
The corporate finance unit has struggled to gain a foothold in the crowded and highly competitive London market which has been hit had by new Brussels trading rules known as Mifid 2.
It is understood that management resorted to the redundancy plan after struggling to find a buyer for the business. The firm’s sales and trading, mergers and acquisitions and hedge fund divisions are not expected to be affected by the cuts.
The Cantor Fitzgerald group's UK operations suffered a pre-tax loss of $5.5m (£4.5m) in 2018, according to its most recent accounts on Companies House.
It is understood that the firm still has a 10-year lease on its offices at One Churchill Place in Canary Wharf.
三级成人视频Cantor Fitzgerald declined to comment.