EASTON® BANK&TRADE
AB INTERVIEW
AB INTERVIEW
AB INTERVIEW
American Banker, New York Trade Publication since 1885, met with Richard Easton II in his stylish offices at 14 Wall Street NY across from New York Stock Exchange.
Easton established the EASTON® brand in 1985, creating EASTON BANK SF in San Francisco, trading marketable securities, until receiving an all cash offer from Merrill Lynch in 2000. The deal closed in three weeks. Easton took a year off to travel, buy a penthouse in Paris, then continue in New York 2001.
EASTON ® BANK & TRADE represents private, non-institutional buyers and sellers of Medium Term Notes (MTN) and United States Treasuries (UST) available on the Secondary Market as well as taking high-net-worth clients into bona fide PPP Trading Programs with Tier 1 Traders overseen by IMF & ECB.
NY : LONDON
AB INTERVIEW
AB INTERVIEW
According to Easton, “We deny 95% of opportunities presented to my firm for various reasons,” leaving AB wondering - What Reasons?
”Client, Bank and Bankers failure to cooperate, or pretending to own the assets. Sifting through the nonsense is a nightmare for our Compliance Team, Traders and Clients.”
It was not always like this: “I remember 40 years ago, even 20 years ago, when a man owned the Assets to Buy, Sell or Trade, then we could take him at face value. The financial crisis brought out the worst scam artists we could never have imagined. People watch too much Get Rich Quick Video,” Easton laughs.
”That said we can work with anyone who is upfront and honest first and foremost, the rarest of attributes these days it seems.”
EASTON® 1985
AB INTERVIEW
EASTON® 1985
AB found Easton to be uniquely transparent compared to investment bankers we meet every day, and his directors are younger than their counterparts at other banks:
“I recruit and promote smart, ambitious men and women, ahead of their age trajectory, straight from top firms, Easton continues:
That age old adage it´s not what you know but who you know were never truer than in trading today, although we will say it is a little of both. We unlock countless doors.
We also work with people we like. Since we invest our own money, we simply see no other way,” concludes Richard Easton II
by American Banker
NY Established 1885