Press Release

COHEN & COMPANY SECURITIES EXPANDS BANK ADVISORY GROUP
WITH HIRING OF NEIL SNOEP

Philadelphia, PA and New York, NY – July 13, 2009 – Cohen & Company Securities, LLC (“Cohen Securities”), Cohen & Company’s registered broker-dealer, is pleased to announce the addition of Neil Snoep. Neil will join the newly formed Bank Advisory Group to work with Cohen Securities’ bank clients to provide advice on asset and liability management. Mr. Snoep specializes in analyzing interest rate and funding inefficiencies of small and mid-sized banks and providing solutions which meet their needs. Neil spent most of his career at Lehman Brothers in a similar role. He comes to Cohen Securities most recently from Sandler O’Neill + Partners where he was doing similar work with Sandler’s bank clients.

“Community banks are Cohen & Company’s oldest and largest client base. They are more in need of quality advice now than ever before” said Christopher Ricciardi, CEO of Cohen & Company. “We are pleased to have Neil join us to continue to build out our platform in the bank advisory business.”

About Cohen & Company
Cohen & Company is an investment firm specializing in credit related fixed income investments. Through Cohen & Company Securities, LLC, the company also provides institutional broker-dealer services focused on debt securities. With offices in Philadelphia, New York, Chicago, Washington D.C., San Francisco, Boston, Paris, London and Tokyo, Cohen & Company serves a diverse international network of institutional and individual clients. For more information about Cohen & Company, we encourage you to visit www.cohenandcompany.com.

Media Inquiries Joseph Kuo Kekst and Company 212-521-4863 joe-kuo@kekst.com