Stifel And Marex Announce Prime Brokerage Referral Partnership

5/28/24 8:42:23 AM ET

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Under the terms of the arrangement, Stifel's institutional sales and trading group will offer Marex's trading and execution capabilities, including multi-asset-class custody, financing, securities lending, and capital introduction, to its institutional client base of hedge fund and investment managers. In turn, Marex's institutional clients can receive access to Stifel's award-winning research, banking, and corporate access offerings.

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Recent Analyst Ratings for
$MRX
$SF

Company	Date	Price Target	Rating	Analyst
Stifel Financial Corporation $SF	9/12/2024	$101.00	Overweight	Wells Fargo
Stifel Financial Corporation $SF	7/22/2024		Outperform → Peer Perform	Wolfe Research
Stifel Financial Corporation $SF	7/8/2024	$94.00 → $89.00	Buy → Hold	TD Cowen
Marex Group plc $MRX	5/20/2024	$33.00	Buy	Goldman
Marex Group plc $MRX	5/20/2024	$25.00	Overweight	Barclays
Marex Group plc $MRX	5/20/2024	$27.00	Overweight	Piper Sandler
Marex Group plc $MRX	5/20/2024	$27.00	Buy	UBS
Marex Group plc $MRX	5/20/2024	$24.00	Buy	Jefferies

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B. Riley Financial Provides Update on Wealth Management Business
Enters into Agreement with Stifel Financial Corp. to Sell a Portion of Wealth Management Business LOS ANGELES, Nov. 1, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that it has signed a definitive agreement to sell a portion of its traditional (W-2) Wealth Management business to Stifel Financial Corp. (NYSE:SF) ("Stifel") for estimated net consideration of $27 million to $35 million in cash. The transaction does not include B. Riley's approximately 190 independent advisors and 90 tax professionals. Subject to the terms of the agreement, the final consideration will be based on the number of
11/1/24 7:00:00 AM ET
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Marex Group plc Announces Pricing of U.S.$600 Million Senior Notes Offering
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (NASDAQ:MRX) ("Marex"), the diversified global financial services platform, announced the pricing on October 30, 2024 of a public offering (the "Offering") of U.S.$600 million aggregate principal amount of its 6.404% Senior Notes due 2029 (the "Notes"). The Notes will be issued at a price to the public equal to 100.000% of the principal amount thereof and will be senior unsecured obligations of Marex. The Offering is expected to close on or about November 4, 2024, subject to the satisfaction of customary closing conditions. Marex intends to use the net proceeds from the Offering for working capital, to fund incremental gr
10/31/24 9:00:00 AM ET
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Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend
ST. LOUIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of $0.42 per share, payable December 16, 2024, to shareholders of record at the close of business on December 2, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"), and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred Stock"). The declared cash divid
10/29/24 5:00:00 PM ET
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Marex Acquires Biofuels Company Dropet
LONDON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ:MRX), the diversified global financial services platform, today announces the completion of its acquisition of Dropet, a Spanish biofuels company, expanding its range of renewables products as it continues to grow its global environmental products business. The acquisition is aligned with Marex's strategy to diversify its business and increase earnings resilience. Dropet offers execution services for both physical and paper biofuels products across Europe, Latin America, the Middle East and Africa. It has more than 18 years' experience in physical ethanol and related biofuel products, as well as exchange-traded ethanol pr
10/1/24 7:09:16 AM ET
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Marex Appoints Liz Barrett as Group Head of HR
LONDON, June 18, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ:MRX), the diversified global financial services platform, has appointed Liz Barrett as Group Head of HR. Liz joins on June 24, and brings over twenty years of experience in financial services. Liz replaces Karen Neffar who leaves Marex to pursue personal interests and other projects. Reporting to Ian Lowitt, Chief Executive Officer of Marex, Liz will be responsible for the global HR strategy and will be a member of the Executive Committee. Liz brings specific expertise in international business, organisational transformation and culture programmes. Liz joins from Eight Cubed, an HR consultancy, where she has spent the last
6/18/24 10:11:06 AM ET
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STIFEL TO ACQUIRE FINANCE 500 and CB RESOURCE
ST. LOUIS, March 14, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today announced it has signed a definitive agreement to acquire Finance 500, Inc. ("Finance 500") and CB Resource, Inc. ("CBR"). Terms of the transaction were not disclosed. The Irvine-based companies, which operate as strategic partners under common ownership, are market leaders in the underwriting and issuance of certificates of deposits, having assisted more than 1,200 depository institutions in raising over $200 billion to support near and long-term funding needs. CBR offers an advanced technology-enabled platform to deliver enterprise risk management, strategic planning, capital planning, and inter
3/14/24 8:30:00 AM ET
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Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend
ST. LOUIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of $0.42 per share, payable December 16, 2024, to shareholders of record at the close of business on December 2, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"), and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred Stock"). The declared cash divid
10/29/24 5:00:00 PM ET
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Stifel Reports Third Quarter 2024 Results
ST. LOUIS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today reported net revenues of $1.2 billion for the three months ended September 30, 2024, compared with $1.0 billion a year ago. Net income available to common shareholders was $149.2 million, or $1.34 per diluted common share, compared with $58.8 million, or $0.52 per diluted common share for the third quarter of 2023. Non-GAAP net income available to common shareholders was $166.3 million, or $1.50 per diluted common share for the third quarter of 2024. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said "The third quarter represented our second highest quarterly net revenue, an increase of 1
10/23/24 7:00:00 AM ET
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Marex Group Plc to Announce Third Quarter 2024 Earnings on November 7, 2024
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (NASDAQ:MRX) today announced that it will release its fiscal 2024 third quarter results before market open on Thursday, November 7, 2024. The earnings release and supplementary materials will be available through the "Investors" section of the Marex website at https://ir.marex.com/. A conference call to discuss the results will take place at 9am ET the same day. Analysts and investors who wish to participate in the live conference call can register using the link here: https://register.vevent.com/register/BI35bc4ad5c3ed48f8b2e48ab5dbfeb65e About Marex: Marex Group plc (NASDAQ:MRX) is a diversified global financial servic
10/22/24 7:43:26 AM ET
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Stifel And Marex Announce Prime Brokerage Referral Partnership

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Recent Analyst Ratings for $MRX$SF

$MRX$SF Analyst Ratings

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Wells Fargo initiated coverage on Stifel Financial with a new price target

Stifel Financial downgraded by Wolfe Research

Stifel Financial downgraded by TD Cowen with a new price target

$MRX$SF Insider Trading

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Co-President Zemlyak James M gifted 10,000 shares, decreasing direct ownership by 0.81% to 1,219,845 units (SEC Form 4)

Chief Executive Officer Kruszewski Ronald J gifted 10,000 shares, decreasing direct ownership by 0.74% to 1,335,416 units (SEC Form 4)

Zimmerman Michael J converted options into 2,504 shares, increasing direct ownership by 5% to 53,919 units (SEC Form 4)

$MRX$SF Market Insights

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Stifel Financial Q2 2024 Adj EPS $1.60 Beats $1.54 Estimate, Sales $1.218B Beat $1.186B Estimate

Wolfe Research Downgrades Stifel Financial to Peer Perform

$MRX$SF SEC Filings

SEC Form 424B4 filed by Marex Group plc

SEC Form FWP filed by Marex Group plc

SEC Form F-1MEF filed by Marex Group plc

$MRX$SF Press Releases

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B. Riley Financial Provides Update on Wealth Management Business

Marex Group plc Announces Pricing of U.S.$600 Million Senior Notes Offering

Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend

$MRX$SF Leadership Updates

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Marex Acquires Biofuels Company Dropet

Marex Appoints Liz Barrett as Group Head of HR

STIFEL TO ACQUIRE FINANCE 500 and CB RESOURCE

$MRX$SF Financials

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Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend

Stifel Reports Third Quarter 2024 Results

Marex Group Plc to Announce Third Quarter 2024 Earnings on November 7, 2024

$MRX$SF Large Ownership Changes

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SEC Form SC 13G/A filed by Stifel Financial Corporation (Amendment)

SEC Form SC 13G/A filed by Stifel Financial Corporation (Amendment)

SEC Form SC 13G/A filed by Stifel Financial Corporation (Amendment)

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