Stifel Financial (SF) Enters Agreement to Acquire City Financial Corp.

Stifel to Enhance Global Wealth Management & Public Finance Businesses With Acquisition of City Financial Corporation

September 13, 2016 6:00 AM EDT

ST. LOUIS, MO -- (Marketwired) -- 09/13/16 -- Stifel Financial Corp. (NYSE: SF) today announced it has entered into a definitive agreement to acquire 100% of the equity interests in City Financial Corporation, and its wholly owned subsidiary City Securities Corporation, an independent investment bank focused primarily on offering wealth management and public finance services across the Midwest and Indiana. City Financial Corporation's two other wholly owned subsidiaries, City Securities Insurance, LLC and City Real Estate Advisors, are not part of this transaction. Terms of the transaction were not disclosed. Closing is expected in the first quarter of... More

KBW Announces Index Rebalancing for Third-Quarter 2016

September 9, 2016 9:00 PM EDT

NEW YORK--(BUSINESS WIRE)-- Keefe, Bruyette & Woods, Inc., a fullservice, boutique investment bank and brokerdealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the third quarter of 2016.

These changes will be effective prior to the opening of business on Monday, September 19, 2016.

As part of this rebalancing, below are the component-level changes:        ... More