Wealth and Asset Management
Stifel Mulls Buying B. Riley’s Wealth Unit for $100 Million–Report
Stifel Financial is exploring a deal to buy the wealth management unit of the beleaguered investment bank B. Riley Financial for $100 million, according to a Reuters report citing a source familiar with the deal talks. The purchase could add around 400 independent and employee brokers to Stifel’s roughly 2,400…
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