Bancorp spun off Piper Jaffray in a stock dividend to its shareholders, and today the company is traded independently under the symbol PJC. In 2006, the company sold its brokerage business to Zurich based UBS for $510 million in cash. The business had approximately 800 brokers at that time.
Piper Jaffray now has 28 offices, with over 1, 000 employees serving its capital markets clients. We earn...