Stifel Financial in talks to buy B. Riley's wealth management unit ...
WEB16 hours ago · NEW YORK, Sept 20 (Reuters) - Embattled investment bank B. Riley Financial (RILY.O) is in talks to sell its wealth management business to Stifel Financial (SF.N) for more than $100 million, a ...
There's a 12% correction looming for the stock market by the end …
WEB8 hours ago · Adobe Firefly, Tyler Le/BI. Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and ...
Stifel Financial in talks to buy B. Riley's wealth management unit ...
WEB15 hours ago · Embattled investment bank B. Riley Financial is in talks to sell its wealth management business to Stifel Financial for more than $100 million, a source familiar with the matter said on Friday. The talks come as B. Riley tries to raise funds after a second-quarter loss warning and faces pressure over its role in a management-led buyout of Franchise Group last year. Talks are ongoing after ...
B. Riley gains on report it's in talks to sell wealth management unit ...
WEB15 hours ago · Nikada/E+ via Getty Images. B. Riley (NASDAQ:RILY) rose 7% after a report that it's in talks to sell its wealth management business to Stifel Financial ().Talks are ongoing after Stifel approached ...
Stifel Seeks $100 Million Deal For B. Riley's Wealth Unit
WEBThe firm's now looking to raise cash, with its wealth management unit sale being a key part of that plan. Stifel initiated the talks, but it's still early days and a deal isn’t guaranteed. Meanwhile, B. Riley’s also in exclusive talks to offload a 53% stake in its Great American Group business to Oaktree Capital for roughly $380 million.
Stifel Financial Corp. (SF) Latest Stock News & Headlines
WEBJul 31, 2024 · Get the latest Stifel Financial Corp. (SF) stock news and headlines to help you in your trading and investing decisions.
Stifel Reports Second Quarter 2024 Results - Yahoo Finance
WEBLOUIS, July 24, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.2 billion for the three months ended June 30, 2024, compared with $1.1 billion a year...
‘Mania’ Could Drive S&P to 6,000 Before Plunge, Stifel Says
WEBJun 20, 2024 · The S&P 500 Index may rally close to an additional 10% this year, if past market manias are any guide, according to Stifel, Nicolaus & Co.
Stifel Financial hits new high in client assets - Investment News
WEBJan 24, 2024 · Stifel Financial Corp. reported Wednesday morning that its wealth management franchise ended last year with a flourish, hitting a new high in client assets under management at $444 billion at the...
Stifel Reports Third Quarter 2023 Results | Markets Insider
WEBLOUIS, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.0 billion for the three months ended September 30, 2023, compared with $1.0 billion a...
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