12:54 PM EST, 11/14/2025 (MT Newswires) -- KKR (KKR)-owned Janney Montgomery Scott is nearing a deal to sell its division advising depository institutions along with its institutional equities business to Brean Capital, Bloomberg reported Friday, citing people familiar with the matter.

The potential deal would include investment bankers focused on M&A and capital raising, as well as equity research, sales and trading, the report said, noting that the talks are advanced, Bloomberg reported.

KKR and Brean Capital did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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