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Piper Sandler Strengthens Fixed Income Team with the Addition of Mary Stone

1. Piper Sandler hires Mary Stone as managing director, enhancing structured finance expertise. 2. Her expertise expected to benefit clients and boost company capabilities.

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Why Bullish?

The addition of an experienced leader in structured finance can lead to improved client service and potentially higher deal flow, influencing PIPR's revenue positively. Historical examples show that strategic hires can substantially benefit investment banks in competitive markets, as seen with firms enhancing their leadership in focused sectors.

How important is it?

The strategic hiring of a highly qualified individual can enhance PIPR's competitive edge and service offerings, which may translate into better financial performance in the long term. It indicates a proactive approach to strengthening leadership in a vital business segment.

Why Long Term?

The impact of this leadership addition may develop over an extended period as client relationships grow and new deals are structured. Previous instances indicate that strategic hires take time to yield noticeable revenue outcomes, often materializing over multiple quarters.

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NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Mary Stone as a managing director and co-head of the structured finance group alongside Chris Howley. She will be based in the New York office. “We are ecstatic to have Mary on the Piper Sandler platform. Mary's deep expertise within multiple securitization markets, whole loan trading, and deal structuring will immediately benefit our clients,” said Mike Piper, mana.

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