Stifel Financial in deal to buy Barclays’ U.S. wealth unit
Stifel Financial agreed to buy Barclays Plc's U.S. wealth-management business, which has about 180 financial advisers in the U.S. managing $56 billion in total client assets.
Stifel Financial Corp., the Missouri-based investment bank known for snapping up regional rivals and Wall Street castoffs, agreed to buy Barclays Plc's U.S. wealth- management business.
Barclays had about 180 financial advisers in the U.S. managing $56 billion in total client assets as of May 31, St
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