B. Riley Financial Inc. is considering selling various businesses, including its wealth management group with several hundred financial advisors, in order to raise capital to pay part of its $2 ...
B. Riley (NASDAQ:RILY) rose 7% after a report that it's in talks to sell its wealth management business to Stifel Financial (SF). Talks are ongoing after Stifel (SF) approached B. Riley (RILY ...
Also, acquiring B. Riley’s wealth management unit while the company ... professionals by 35% to more than 2,800 financial advisors and independent representatives. In addition, it expanded ...
B. Riley Financial Inc.’s bankers hiked the interest rate on the company’s key loan and cut how much the embattled firm can borrow as it grapples with a debt load of about $2 billion. The ...