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Stifel Financial Corp. (SF) is set to close its UK equities trading business, which could impact approximately 20 staff members. This decision is part of a strategic shift towards enhancing advisory services in Europe, following the firm’s acquisition of Bryan Garnier in January 2025, aimed at focusing on mid-market investment banking in healthcare and technology sectors.
The closure of the trading unit aims to simplify Stifel’s European operations by reducing operational complexities tied to trading infrastructure and compliance. The firm plans to reallocate resources to expand sector-focused coverage teams, especially in healthcare and technology.
In the past six months, Stifel’s shares have risen 28.8%, outperforming the industry average growth of 20.5%.
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