Stifel Financial Corp. (NYSE:SF) will look for acquisitions. Chairman and Chief Executive Officer, Ronald Kruszewski said, "With this approach in mind, I would highlight that our Board of Directors has improved and increased share repurchase authorization of 10 million shares, which brings our total authorization to 14.2 million shares.

Lastly, as we've always done, we continue to look at potential acquisitions, but in the current environment, they are less attractive, particularly in a market with a 5% risk-free rate".