[April 07, 2015]

CLSA Americas Announces the Addition of Senior Financial Technology and Payments Analyst

CLSA Americas, the North American affiliate of leading Hong Kong based research and advisory firm CLSA, announced today that Thomas McCrohan has joined the firm as a Managing Director and senior research analyst, covering the financial technology and payments industry. He will be based in New York.

"We are pleased to announce that Tom has joined our equity research team to lead coverage of the financial technology and payments sector," said Michael Lean, Head of CLSA Equity Research, Americas. "Tom's broad experience, excellent reputation and valued insights will immediately enhance the capabilities and services we offer our institutional clients."

Mr. McCrohan joins CLSA Americas from Sterne Agee, where he was a Managing Director covering financial technology and payment-related companies. Prior to joining Sterne Agee, he spent nine years at Janney Capital Markets and also held senior analyst roles at Fulcrum (News - Alert) Global Partners and Keefe, Bruyette and Woods. Early in his career, he worked at Bank of New York in investor relations and crporate lending, and as a management consultant at Price Waterhouse. Mr. McCrohan earned a Bachelor's degree in Computer Science from SUNY Oswego and an MBA from Columbia University.

Rick Gould, CEO of CLSA Americas, commented, "We are excited to have Tom join our expanding research effort. He has earned a stellar reputation for his differentiated industry views, as well as his informed investment opinions. Restoring coverage of the financial technology and payments sector was an important priority for us as we continue to leverage opportunities to add talented, experienced research analysts to our North American platform."

Gould added, "As a firm, we are committed to building an equity research department that will best serve the needs of our clients, and hiring Tom is another important step toward achieving this goal."

In March, CLSA Americas announced the addition of Vasily Karasyov as Managing Director and senior analyst, covering the media and entertainment industry.

About CLSA Americas, LLC

CLSA Americas is the North American affiliate of CLSA, Asia's leading and longest-running independent brokerage and investment group. CLSA provides equity trading and execution services, corporate finance and asset management services to global corporate and institutional clients. CLSA established a US representative office in New York in 1986 to serve US fund managers investing into Asia and has the largest dedicated Asia-markets sales desk in North America. In 2009, CLSA initiated coverage on US equities and today has a staff of more than 165 located in Boston, Chicago, Dallas, New York and San Francisco. For more information please visit www.clsa.com.

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