Wealth and Asset Management
B. Riley to sell part of wealth management business to Stifel
Investment bank B. Riley Financial said on Friday it had agreed to sell a portion its traditional wealth management business to Stifel in a deal expected to fetch between $27 million and $35 million in cash. The deal could allay some investors concerns over B. Riley's fortunes and allow it…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: MarketScreener