Announced
Completed
Synopsis
Stifel, an American multinational independent investment bank and financial services company, completed the acquisition of Finance 500, a brokerage investment services provider, and CB Resource, a risk management and planning firm. Financial terms were not disclosed. “The health and viability of community banks is essential to economic growth. Stifel is committed to providing community banks with the tools and support needed to build sustainable business models and effectively compete with larger institutions and we will continue advocating for a level playing field for banks of all sizes,” Ron Kruszewsk, Stifel Chairman and CEO.
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