09.06.2010 13:00:00

KBW Announces Senior Appointment in Asia

KBW, Inc. (NYSE: KBW), a global, full-service investment bank that specializes in the financial services sector, is bolstering its recently launched Asian operation with the addition of Bill Stacey as Head of Hong Kong Equities and Asia Ex-Japan Research Strategist, effective immediately.

Mr. Stacey will be responsible for the overall equities business in Asia, including all Hong Kong-based research and Asia sales and trading. He will also contribute strategic analysis of potential investment opportunities in the Asian financial services sector.

Bill Stacey joins KBW from Aviate, an Asian cash equities boutique firm, where he was a founding partner and Co-Head of Research. Previously, he served as the Head of Asia Ex-Japan FIG Research at Credit Suisse and held several senior-level positions at National Australia Bank including Head of Strategy & Finance.

"We believe Bill will be a strong addition to the KBW Asia team,” said Vasco Moreno, Global Business Coordinator for KBW Asia and CEO of KBW Limited in the United Kingdom. "His solid track record, strong client relationships and years of experience with Asian financials will make him a valuable asset to this new effort at KBW.”

Launched earlier this year, KBW Asia offers sales, trading and research of Asian financial companies to clients around the world. It also offers capital markets services to corporate clients in the Asia-Pacific region.

"I am extremely pleased to join the firm at such an exciting time and look forward to helping build KBW’s presence in Asia,” said Mr. Stacey.

Mr. Stacey, 43, holds an MBA from the University of Melbourne and a degree in Politics from the University of Western Australia. Currently, he is also Chairman of the Lion Rock Institute, a leading Hong Kong nonprofit economic research and public policy think-tank.

Mr. Stacey will be based in KBW Asia’s headquarters in Hong Kong.

About KBW

KBW operates in the U.S., Europe and Asia through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and Keefe, Bruyette & Woods Asia Limited. It also offers asset management services through KBW Asset Management, Inc. Founded in 1962, the firm is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. The firm has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading for financial services companies.

Statements in this press release that are not statements of historical or current fact constitute forward-looking statements. In some cases, you can identify these statements by words such as "may", "might", "will", "should", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", or "continue", the negative of these terms and other comparable terminology. Such forward-looking statements, which are based on various underlying assumptions and expectations and are subject to risks, uncertainties and other unknown factors, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events, and there are or may be important factors that could cause our actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. These factors include, but are not limited to, those discussed under the caption "Risk Factors" in our annual report on Form 10-K , which is available at the Securities and Exchange Commission website at www.sec.gov. Unless required by law, we undertake no obligation to publicly update or revise any forward-looking statement to reflect circumstances or events after the date of this press release.

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