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Stifel to buy The Business Bank of St. Louis

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St. Louis-based Stifel Financial penned a deal for undisclosed terms to purchase Business Bancshares.

Business Bancshares is the parent company of The Business Bank of St. Louis.

From a single branch, The Business Bank has roughly $620 million in assets.

Stifel also operates a branch in Springfield at 1935 E. Battlefield Road.

Read more from WealthManagement.com.

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