Globenewswireยท2025-09-23 12:00Core Insights - Stifel Financial Corp. is expanding its Venture Banking team by hiring senior bankers from Silicon Valley Bank, enhancing its expertise in the life sciences and healthcare sectors [1][2] - The new team members have extensive backgrounds in venture banking, corporate finance, and strategic advisory, collectively supporting hundreds of early- and growth-stage companies [2] - Stifel Bank has seen significant growth in its Venture & Fund Banking division, with over 100 bankers, more than $10 billion in loan commitments, and a doubling of venture client deposits in the past year [3] Company Strategy - The addition of the new team is part of Stifel's strategy to strengthen its capabilities in healthcare and life sciences, providing more resources to founders and investors [4] - The life sciences and healthcare sectors are experiencing transformative changes driven by AI, positioning Stifel to offer unique solutions for scaling companies [4] Recent Achievements - Stifel has acted as joint bookrunner on four biopharma financings since early September, raising a total of $1.1 billion, including the first biopharma IPO in seven months [4]