Takeaways by Bloomberg AI
- BGC Partners Advisory, a boutique restructuring firm, is dissolving, according to a person with direct knowledge of the matter.
- The firm’s dissolution was notified to Puerto Rico’s financial oversight board, which was a key client for BGC, and the board does not expect it to have any impact on the Prepa debt restructuring.
- BGC’s disbanding comes after its most recent contract with the financial oversight board ended, and one of its founders, James Castiglioni, has joined Huntington National Bank as a managing director.
Bloomberg Markets
By Michelle Kaske and Shruti Singh
January 8, 2026