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The move will bring together Weeden’s agency execution support for equities with Piper’s research sales platform.
Piper Jaffray Companies, which encompasses an investment bank and asset management firm, has acquired 100 percent of broker-dealer Weeden & Co. in a move that will combine Weeden’s agency execution support for equities with Piper’s research sales platform. The combination will target institutional clients requiring execution services, officials say. “The combined trading platform will be...
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