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Marex buys TD Cowen’s prime brokerage business

The acquisition will add 160 to Marex’s headcount

Jeffrey Solomon, president of Cowen, was chief executive of the investment bank when it was acquired by TD Bank for $1.3bn
Jeffrey Solomon, president of Cowen, was chief executive of the investment bank when it was acquired by TD Bank for $1.3bn Photo: Patrick T Fallon/Getty Images

Marex is acquiring the prime brokerage and outsourced trading business of TD Cowen.

The business will sit under Marex’s capital market division, which was formed from the acquisition of ED&F Man Capital Markets in 2022.

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