You can now read 10 articles each month for free on BostonGlobe.com.

The Boston Globe

Business

Stifel Financial to buy investment bank KBW

Continue reading below

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.

You have reached the limit of 10 free articles 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 $1 a week