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Piper Sandler Expands Research Distribution with New Office Opening in Zurich

1. Piper Sandler opens a new office in Zurich, targeting European clients. 2. Experienced leaders from Credit Suisse to manage sales of U.S. equity products.

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Why Bullish?

Opening a new office in Europe diversifies revenue streams and captures growth potential in a lucrative market segment. Historical trends show that geographical expansions often lead to enhanced financial performance, as seen in similar firms like Jefferies and Evercore.

How important is it?

The opening of a new office represents a significant strategic investment that could enhance Piper Sandler’s competitive edge and market position significantly, particularly in Europe where it aims to leverage existing demand for U.S. equity products.

Why Long Term?

The strategic move positions PIPR for sustained growth, benefiting long-term financial performance and market presence. Establishing a European base is likely to yield returns over several years as client relationships develop.

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CREDITJEFEVR
ZURICH--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is excited to announce a new office opening in Zurich, Switzerland led by experienced industry veterans, Alex Molloy, Vincenzo Pescuma and Luigi Colazzo, who will manage the sales and distribution of Piper Sandler's U.S. equity research and trading products to Swiss based clients. All three were previously at Credit Suisse. “The European market is a tremendous opportunity for the firm, and we are thrilled.

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