June 18th headline: Stifel Pays $3M to Settle Another Claim Over Ex-Broker’s Structured Notes Strategy
July 20th headline: Stifel Team With $1.6 Billion Jumps to RBC In Dallas
Between the legal losses and now a group jumping ship, it's not looking good.
There have been a few people in my department who were at their desks working on a Friday and by Monday were gone. Desk cleaned out, contact removed from email, no communication about what happened.
As the court losses add up and as brokers start jumping ship, I expect to come in on Mondays to find more people gone with no explanation.