(Bloomberg) -- Barclays may fetch $150 million to $250 million for its U.S. wealth unit, according to analysts at Credit Suisse Group.

Stifel Financial is in negotiations to buy the business from Barclays, Reuters reported May 29, citing three people familiar with the matter that it didn't name. A purchase would make sense for St. Louis-based Stifel, which has expanded through a series of acquisitions, the analysts said Monday in a report.

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