Knight Capital selling debt broker unit to Stifel Financial Knight Capital Group (KCG), which was recently acquired by Getco, is planning to sell its credit-brokerage unit to Stifel Financial Corp. (SF), says Bloomberg citing six people with knowledge of the matter. Reference Link
News For KCG;SF From The Last 14 Days
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KCG Holdings completes sale of Urban Financial for about $80M As a result of the transaction, roughly $6.1B of assets and corresponding liabilities related to Urban's securitization activities will be removed from KCG's balance sheet.