Stifel Shuts Calgary Office, Cuts Investment Bank Jobs in Canada [BNN Bloomberg (Canada)]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
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stifel.com/investor-relations
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Source: BNN Bloomberg
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. “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 market, serving clients with a full range of investment-banking services out of our Montreal, Toronto and Vancouver offices,” he said, declining to disclose the number of job cuts. Keefe Bruyette & Woods, Stifel's research arm, also suspended its coverage of Canadian banks and financial service firms, it said in a note to clients Wednesday
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News
- Stifel Financial Corp. (NYSE: SF) had its price target raised by analysts at Citigroup Inc. from $90.00 to $102.00. They now have a "neutral" rating on the stock.MarketBeat
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
- Stifel Reports August 2024 Operating DataGlobeNewswire
- Stifel Financial Corp. (NYSE: SF) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $85.00 to $94.00. They now have a "neutral" rating on the stock.MarketBeat
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
SF
Earnings
- 7/24/24 - Beat
SF
Sec Filings
- 9/26/24 - Form 8-K
- 8/29/24 - Form N-PX
- 8/22/24 - Form 8-K
- SF's page on the SEC website