Sarah Anderson News
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Stifel Financial Corp. let go at least three senior bankers after the takeover of boutique investment bank KBW Inc., said two people with knowledge of the matter.
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Knight Capital Group Inc., the market maker that’s being acquired by Getco LLC, plans to sell its credit-brokerage unit to Stifel Financial Corp., according to six people with knowledge of the matter.
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Jamie Dimon, awarded $23 million for running JPMorgan Chase & Co. last year, earned 67 times the average amount set aside for his investment bankers and traders, the widest gap among firms that report divisional pay.
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Chicopee Bancorp Inc. and Hampden Bancorp Inc., Massachusetts lenders that have competed for more than 150 years, are weighing sales amid pressure from an activist investor, said people with knowledge of the matter.
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Stifel Financial Corp., the St. Louis-based brokerage, is among the companies that bid on part or all of bond-trading firm Gleacher & Co., said two people with knowledge of the matter.
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The U.S. Securities and Exchange Commission sued broker Stifel, Nicolaus & Co. for fraud, claiming it misled five Wisconsin school districts about the risks of complex investments that wiped out $200 million.
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Stifel Financial Corp. , the brokerage that bought Thomas Weisel Partners Group Inc. in July, hired Cowen Group Inc. ’s head of health-care banking.
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Former Marvell Technology Group Ltd. accountant Stanley Ng was charged with conspiracy by U.S. prosecutors as part of a nationwide probe of insider trading involving so-called expert networking firms.
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MCG Capital Corp., a lender to small businesses, halted efforts to find a buyer, said two people with knowledge of the matter.
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Regions Financial Corp. is offering as much as $200 million to help finance the sale of its Morgan Keegan brokerage unit, said people with knowledge of the matter.
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