Stifel Financial agreed to buy the investment bank KBW for $575 million. The companies’ boards have said yes but shareholders of KBW and regulators have yet to approve. The deal would create a middle-market investment bank focused on the financial services industry.
Stifel Financial to buy investment bank KBW
You have reached the limit of 10 free articles in a month
Stay informed with unlimited access to Boston’s trusted news source.
- High-quality journalism from the region’s largest newsroom
- Convenient access across all of your devices
- Today’s Headlines daily newsletter
- Subscriber-only access to exclusive offers, events, contests, eBooks, and more
- Less than 25¢ a week