Stifel Financial hired two managing directors in its investment banking division. Alex Rohan joined Miller Buckfire, Stifel’s restructuring unit, and Greg Urban joined the Stifel Diversified Industrials Group, with a specific focus on the automotive sector.
Veteran investment banker Bill Farmer has joined the Stifel as a managing director to lead the Aerospace, Defense & Government Services Investment Banking Group.
Adam Vengrow has joined Stifel Financial as managing director and head of Credit, responsible for oversight of fixed income research, sales, and trading.
Stifel Financial agreed to acquire Business Bancshares and its wholly owned subsidiary, The Business Bank of St. Louis. Further terms of the transaction were not disclosed.
Stifel Financial announced that it has entered into an agreement to acquire Merchant Capital. Closing is expected to be in December 2014.