Stifel Shuts Calgary Office, Cuts Investment Bank Jobs in Canada [Financial Post (Toronto, Ontario, Canada)]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Stifel Financial Corp. closed its Calgary office, ending a run in energy investment banking in Canada's oil patch, while also laying off some investment bankers and analysts in Toronto. The St. Louis-based firm made the cuts earlier this week, according to people familiar with the matter, who asked not to be identified discussing private information. The layoffs include Stifel's Canadian heads of sales and trading and at least one senior investment banker, one of the people said. Article content “We have made the difficult decision to scale back some operations in Canada, which includes closing our Calgary office,” Neil Shapiro, Stifel's head of corporate communications, said in a emailed statement on Wednesday. “Unfortunately, current market conditions and operations costs necessitate this action.” Stifel “remains committed to the Canadian mark
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SF
Earnings
- 4/24/24 - Miss
SF
Sec Filings
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- SF's page on the SEC website