Wit Capital News and Information Yahoo Company Profile Business Summary Wit Soundview Group, Inc., formerly known as Wit Capital Group, Inc., is engaged in investment banking and brokerage. The Company also has established private equity funds for venture capital investing in Internet and technology companies. The merger positions the Company to be a market leader in Internet and technology investment banking with one of the largest banking and research groups focused exclusively on these sectors. Financial Summary Wit Soundview Group, Inc. is an Internet investment banking and brokerage firm that uses electronic mail and the Web to offer and sell shares in public offerings to individuals, produces and disseminates investment research, and has private equity funds.
Results reflect higher investment banking revenues due to a favorable market.