Cohen & Company Inc. (formerly Institutional Financial Markets, Inc.)

Institutional Financial Markets, Inc. (NYSE American: IFMI) (the “Company”), a financial services firm specializing in fixed income markets, today announced that, effective at 5:00 p.m. (EDT) on September 1, 2017, the Company will change its name to “Cohen & Company Inc.” The Company’s common stock will continue to be listed with NYSE American and the Company anticipates that, on September 5, 2017, its shares will begin trading under the symbol “COHN.” The Company’s common stock will cease trading under Institutional Financial Markets, Inc. and stock symbol (IFMI) following the close of market on September 1, 2017. The Company’s subsidiaries will continue to operate under their current names, except for the Company’s majority-owned subsidiary, IFMI, LLC, which will change its name to “Cohen & Company, LLC,” effective September 1, 2017. The Company was previously known as Cohen & Company Inc. until January 2011.

Cohen & Company is a financial services company specializing in fixed income markets. Cohen & Company was founded in 1999 as an investment firm focused on small-cap banking institutions, but has grown to provide an expanding range of capital markets and asset management services. Cohen & Company’s operating segments are Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, and matched book repo financing as well as new issue placements in corporate and securitized products and advisory services, operating primarily through Cohen & Company’s subsidiaries, J.V.B. Financial Group, LLC in the United States and Cohen & Company Financial Limited in Europe. The Asset Management segment manages assets through collateralized debt obligations, managed accounts, and investment funds.