Gleacher Leaves Investment Firm As It Looks For Buyer

Law360, New York (January 29, 2013, 12:15 PM EST) -- Wall Street stalwart Eric Gleacher will part ways with his boutique investment bank, he said Tuesday, several months after Gleacher & Co. said it would explore a sale as part of a widely reaching strategic shakeup brought on by two tough years.

Gleacher resigned from his chairman and officer posts, and will fully separate himself from the company, he said, without giving a firm end date for his two-decade tenure at the helm. He also stayed mum about where he was headed next.

“I simply decided...
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