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Knight Capital Group Inc To Sell Credit Brokerage Unit To Stifel Financial Corp-Reuters


Sunday, 24 Feb 2013 05:00pm EST 

Reuters reported that Knight Capital Group Inc has struck a deal to sell its credit-brokerage unit to Stifel Financial Corp. The terms of the deal were not known. The deal could be announced as soon as on February 25, 2013. Bank of America BAC.N advised Knight Capital on the sale. Knight Capital declined to comment on the sale. Stifel, Getco and Bank of America could not be immediately reached for comment. 

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