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UMB Financial (UMBF) Restructures Investment Banking Business

Jan 05, 2021 - Nasdaq

UMB Financial Corporation UMBF recently restructured its investment banking division and renamed it Capital Markets Division. The unit will provide a full range of capital solutions such as fixed income sales and trading, public finance, corporate bond underwriting and private placements along with municipal advisory solutions.

The company expects its broad and diverse investor base of bank and non-bank institutional networks in the United States to support this new division. Further, the ...