Stifel Closes Knight Acquisition

The Stifel Building in downtown St. Louis | Photo courtesy of Stifel
The Stifel Building in downtown St. Louis | Photo courtesy of Stifel

St. Louis-based brokerage and investment banking firm Stifel has wrapped up its acquisition of Knight Capital Group. The terms of the deal, which will add about 90 employees to the company, were not disclosed. Stifel chairman, president and CEO Ron Kruszewski said in a statement that Knight’s fixed income sales and trading business would provide the company with a stronger domestic platform.

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