The new owner of UK stockbroker Oriel Securities is looking to increase its headcount and is eyeing potential acquisitions in wealth management. His mantra is simple: "Call me, we’re open for business."
US-based Stifel Financial, run by Ron Kruszewski, announced last week that it had bought Oriel Securities in a deal that brings together more than 250 staff providing research coverage across most sectors, as well as equity and debt sales and trading and investment banking services.