<div id="readability-page-1">02:41 PM EST, 12/02/2025 (MT Newswires) -- Stifel Financial ( SF ) is scaling back its presence in Europe by notifying employees that it intends to close its equities trading division based in the UK, Bloomberg reported Tuesday, citing people familiar with the matter.The company informed employees on Monday that roughly 20 employees would be affected as it begins a redundancy consultation, according to the report.The shift comes as London's equity market continues to face sustained outflows, even as the FTSE 100 reaches record highs, the report added.Stifel Financial ( SF ) did not immediately reply to MT Newswires' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 121.33, Change: +0.09, Percent Change: +0.07 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Stifel Financial plans to close its UK equities trading unit, affecting about 20 employees, as part of a strategic shift amid ongoing outflows from London's equity market. This decision was communicated to employees on Monday, with a redundancy consultation to follow. The FTSE 100 continues to hit record highs despite these market challenges. Stifel Financial has not commented on the report.

Market Chatter: Stifel Financial to Shut UK Equities Trading Unit