ATLANTA--(BUSINESS WIRE)--Apr 13, 2026--
Frazier & Deeter (FD), a Top 50 professional services firm, has appointed Michael Cohn as its new Chief Financial Officer. Cohn brings more than 15 years of financial leadership and investment experience, strengthening FD’s financial operations and supporting its continued strategic development.
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“Michael brings seasoned financial leadership and experience navigating growth,” said Jeremy Jones, FD’s Managing Partner and CEO. “His perspective will be invaluable as we continue to scale the firm and enhance the exceptional value we deliver to clients.”
Cohn joins FD from Alvarez & Marsal, where he was part of the Private Equity Performance Improvement – CFO Services Group. Most recently, he served in an interim financial leadership role for a PE-backed technology company, leading the finance team through a period of transition while overseeing core financial functions and enhancing risk controls and processes.
Cohn has built a career focused on financial strategy, operational execution and investment management. Past experience includes serving as a Portfolio Manager at Korea Investment Corporation and roles at Golub Capital and Bank of America, where he advised financial sponsors and their portfolio companies on capital and strategic priorities.
“Frazier & Deeter is at an important stage in its evolution,” said Cohn. “I’m looking forward to partnering with the leadership team to support the firm’s financial discipline and long-term strategic goals.”
Cohn holds a Bachelor of Science in Business Administration in Accounting and Finance from Washington University in St. Louis and an MBA from The Wharton School at the University of Pennsylvania.
About Frazier & Deeter
Frazier & Deeter is a Top 50, award-winning professional services firm offering a full suite of tax, audit, risk advisory, digital and business transformation services. FD and its family of brands serve a broad client base, from Fortune Global 500 companies to emerging businesses, with offices across the globe. The firm has been consistently recognized as a Best of the Best Accounting Firm, a Best Firm to Work For® and a Best Firm for Women in Leadership. Frazier & Deeter is the brand name under which Frazier & Deeter, LLC and Frazier & Deeter Advisory, LLC operate. Learn more at frazierdeeter.com.
Michael Cohn, CFO
NEW YORK (AP) — Oil prices are back above $100 per barrel, and stock markets are falling worldwide Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war.
But the moves are more modest than many of the extreme swings that have rocked financial markets since the start of the war in late February. Analysts said that suggests Wall Street still hopes both sides will ultimately avoid a worst-case scenario for the global economy.
The S&P 500 slipped 0.3% and gave back only a bit of its gains from the prior week, which had built on hopes about the weekend’s U.S.-Iran talks. The Dow Jones Industrial Average was down 361 points, or 0.8%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.3% lower.
The moves were sharper in the oil market, where prices jumped roughly 7%. After the weekend’s talks failed, President Donald Trump threatened a blockade of the Strait of Hormuz, a move that raises the pressure on Iran by trying to prevent it from making money by selling oil.
A blockade would keep even more oil off the global market, after prices already jumped for everyone because of shortfalls due to Iran’s restrictions on traffic in the important strait. That narrow waterway is how much of the oil produced in the Persian Gulf area reaches customers worldwide.
Iran responded by threatening all ports in the Persian Gulf and the Gulf of Oman.
“Security in the Persian Gulf and the Sea of Oman is either for everyone or for NO ONE,” the Islamic Republic of Iran Broadcasting reported Monday. “NO PORT in the region will be safe,” according to a statement from the Iranian military and the Revolutionary Guards.
The price of Brent crude, the international standard, rose back toward $102 per barrel and is well above its roughly $70 price from before the war. But it remains below the $119 peak it’s touched at times when worries about the U.S.-Iran war have been at their heights.
“Markets are taking some encouragement from the fact that the two sides are talking and that the broader ceasefire seems to be holding, for now,” according to Sameer Samana, head of global equities and real assets at Wells Fargo Investment Institute.
And, as with so many pronouncements made so far in the U.S.-Iran war, much will depend on the details of the blockade and exactly what gets restricted.
“Not all blockades are created the same,” said Brian Jacobsen, chief economic strategist at Annex Wealth Management.
“The developments over the weekend might not be as negative for the markets as many fear.”
In the meantime, big U.S. companies are beginning to tell investors how much money they made during the first three months of the year.
Goldman Sachs, the investment bank, said it made $5.63 billion in profit during the quarter, more than investors expected. But financial analysts pointed to some potentially concerning signals underneath the surface, including lower revenue from the trading of fixed income, commodities and currencies. Its stock fell 3.8%.
JPMorgan Chase, Wells Fargo, Citigroup and Bank of America all report later this week, as do Johnson & Johnson, Netflix and PepsiCo.
In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged up to 4.32% from 4.31% late Friday.
In stock markets abroad, indexes fell across much of Europe and Asia. Germany’s DAX lost 1%, and Hong Kong’s Hang Seng fell 0.9% for two of the world’s larger losses.
“The outcome of the talks was not really what people were hoping for, that’s for certain,” Neil Newman, Managing Director, Head of Strategy at Astris Advisory Japan, said in Hong Kong about the U.S.-Iran negotiations.
“As we stand here at the moment, it doesn’t look very nice. Certainly, the oil prices are a big concern.”
AP journalists Yuri Kageyama, Matt Ott and Mayuko Ono contributed to this report.
Ed Curran works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026. (AP Photo/Seth Wenig)
Terrance McCauley works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026. (AP Photo/Seth Wenig)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026. (AP Photo/Ahn Young-joon)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Monday, April 13, 2026. (AP Photo/Ahn Young-joon)
