NEW YORK -- Wasserstein Perella & Co. said it has formed Wasserstein Perella Mortgage Capital Inc., which will advise on investments in mortgages and mortgage securities and on related mortgage-finance matters. The investment banking firm said its mortgage unit would advise the Federal Deposit Insurance Corp.'s liquidation division on the sale of performing commercial and residential mortgage assets.
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At more than 80 million strong, Millennials are the largest generation ever. They’re also the most diverse, most educated, comprise the largest segment of the American workforce, hold the most purchasing power, and are poised to inherit more wealth than any other generation.