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In 2010, only seven financial services firms underwrote more municipal bond offerings than Siebert Brandford Shank & Co. LLC (No. 3 in taxable securities with $1.8 billion in lead issues, and No. 1 in tax-exempt securities with $7 billion in lead issues on the BE INVESTMENT BANKS list). Coming in at No. 8, SBS becomes the first minority owned firm to rank alongside such global giants as Goldman Sachs and Barclays.