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Monday, March 16, 2015

Stifel, Sterne Agee to sell institutional equities business

Stifel Financial Corp. and Sterne Agee Group are selling Sterne Agee's institutional equities business to Stamford, Connecticut-based CRT Capital Group. Stifel announced in February that is was acquiring Sterne Agee Group Inc., a brokerage based in Birmingham, Alabama, in a $150 million deal .


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