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Richard Hitt, Senior Managing Director, Ankura

Richard Hitt

Senior Managing Director at Ankura

Chicago, IL, United States

About Me

Richard D. Hitt is a Senior Managing Director at Ankura, based in Chicago. Richard has provided valuation and financial advisory assistance to the financial services industry for more than 30 years. During that time, he has performed hundreds of valuations for financial services companies, including banks, thrifts, leasing companies, insurance companies, insurance agencies, investment advisors, mortgage companies, mutual fund complexes, broker-dealers, and other types of securities firms, trust companies, and other financial services firms. In addition, Richard is a Certified Public Accountant, and has performed course work at Stonier’s Graduate School of Banking.

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The value of core deposits

The value of core deposits

SPACs and Warrant Accounting

Special Purpose Acquisition Corporations (“SPACs”) often issue warrants as part of their formation and registration as a public entity....

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The value of core deposits

Core deposits and the core deposit intangible are worth less in lower interest rate environments like we are seeing now. What is not...

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