NEW YORK, July 16, 2018 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc. (KBW), a full-service, boutique
investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel
Financial Corp. (NYSE:SF), today announced that Rajib Sarkar has joined the firm as Managing Director in the Insurance Investment
Banking Group, based in New York. He is responsible for advising clients across several insurance sub-sectors, including
distribution, claims, benefits administration, and software.
Mr. Sarkar comes to KBW from Evercore, where he was a Managing Director and provided a broad range of advisory and capital
raising services to clients in the insurance industry. Prior to that, he spent six years in the Financial Institutions Group at JP
Morgan, focusing on the insurance industry.
Mr. Sarkar began his career as a software engineer, with stints at Intel and Lucent Technologies. He received a Bachelor of
Technology degree from the Indian Institute of Technology and an MBA from the University of Texas, Austin.
“The appetite for insurance-services deals has grown strongly as companies and financial sponsors look to participate in the
industry without taking underwriting risk,” said Seth Bair, Co-Head of Insurance Investment Banking at KBW.
“Rajib’s unique skillset, which combines intimate knowledge of both insurance services and technology, is a perfect complement
to our team and he will be a valuable asset for our clients as they look to navigate this changing industry,” added Joe Beebe,
Co-Head of Insurance Investment Banking at KBW.
In the United States, KBW is the premier advisor on financial services industry transactions. In the past year, KBW has
advised on 61 deals, totaling over $12.6 billion in transaction value, and has been the top-ranked underwriter of common stock,
participating in 38 deals with a combined deal value of approximately $1.2 billion.
KBW Information
KBW LLC, a Stifel company, operates in the U.S. and Europe through its broker dealer subsidiaries, Keefe,
Bruyette & Woods, Inc. and Stifel Nicolaus Europe Limited (“SNEL”), also trading as Keefe, Bruyette & Woods Europe (“KBW Europe”).
Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset
management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the
areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial
services companies.
Stifel Company Information
Stifel Financial Corp. (NYSE:SF) is a financial services holding company headquartered in St. Louis,
Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe Bruyette &
Woods, Inc.; Miller Buckfire & Co., LLC; Century Securities Associates, Inc.; and Eaton Partners, LLC, and in the United Kingdom
and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment
banking, trading, investment advisory, and related financial services to individual investors, professional money managers,
businesses, and municipalities. Stifel Bank & Trust offers a full range of consumer and commercial lending solutions. Stifel Trust
Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit
the Company’s web site at www.stifel.com.
Media Contact:
Neil Shapiro, (212) 271-3447
shapiron@stifel.com