U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions 
LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
Meta Expands AI Training With Employee Activity Tracking Tools 
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown 
ARLINGTON, Va., March 03, 2016 -- FBR & Co. (Nasdaq:FBRC) ("FBR" or the “Company”), a leading investment bank serving the middle market, today announced that Randy Billhardt has joined the Company’s Investment Banking Team as Managing Director. He is based in the Company’s New York office and focused on developing the firm’s third party retail distribution network.
“Randy has nearly thirty years of experience in equity trading and capital markets, during which he has cultivated fruitful relationships with corporate issuers, institutional investors, and Wall Street counterparties. We look forward to leveraging his longstanding relationships with retail-oriented broker-dealers to complement FBR’s existing desk strengths,” said Executive Vice President and Head of Investment Banking Kenneth P. Slosser. “This augmentation to our buy-side footprint will create significant benefit to our corporate clients by providing an increasingly important retail component for the capital raises we underwrite.”
Prior to joining FBR, Mr. Billhardt was a Managing Director at JMP Securities in the firm’s Equity Capital Markets Division. He previously was Executive Managing Director and Head of Capital Markets at MLV & Co. and a member of that firm’s Executive and Operating Committees. Mr. Billhardt began his investment banking career on the Equity Trading desk at Paine Webber and its successor UBS where he served as head of cash equities trading. Mr. Billhardt has an undergraduate degree from Denison University and an M.B.A. from the Amos Tuck School of Business at Dartmouth College.
About FBR
FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. and MLV & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.
Contacts: Media: Shannon Hawkins at 703.469.1190 or [email protected] Investors: Linda E. Eddy at 703.312.9715 or [email protected]
