Original Content
BTIG has served as an equity capital markets referral partner for U.S. Bank since 2014. The two firms subsequently launched an M&A advisory referral program.
U.S. Bank to buy BTIG for $1B to bolster capital-markets business
AI Summary
U.S. Bank will acquire BTIG for $1 billion to strengthen its capital-markets business; BTIG has been a referral partner with U.S. Bank since 2014, collaborating on M&A advisory programs.
Texas Relevance
The article does not mention Texas or any Texas-specific entities and is focused on a merger between financial institutions.