US investment bank Stifel has made a new hire to its execution services team, appointing Darryl Willoughby as managing director, looking after pan-European trading.
London-based Willoughby is set to help the firm expand its high-touch franchise across Europe, and support client business through the use of agency and risk trading.
He brings extensive experience in trading, idea generation and client connectivity to his new role, and will report to Seema Arora, managing director and head of execution services for EMEA.
Read more – Stifel names former Instinet execution sales head Arora to EMEA lead role
Willoughby joins the firm from Pareto Securities, where he was head of equity sales trading, London.
Prior to this, he worked across equity principal strategies at Jefferies for more than a year. He has also worked across various equity trading and portfolio management positions as firms including Cantor Fitzgerald, SEB, RBC Capital Markets, Deutsche Bank and BNP Paribas.
Stifel confirmed the appointment when contacted by The TRADE.
Willoughby’s new position follows further hires for Stifel in recent months. In June 2025, the firm appointed Sarrah Chaker as a sales trader covering US markets to European clients, as revealed by The TRADE at the time.
Changes have also been seen across Stifel’s UK sales trading team this year, with news in April that a number of positions across cash equities were expected to be cut as part of a shift in focus towards becoming an advisory-led business in Europe.
Sources close to the matter told The TRADE that equity sales traders Louise Brooks and Kevin James had left the business, and Mark Barnes, director of electronic sales trading, managing director of electronic trading, Tony Nash and managing director for electronic hybrid sales trading, Colin Robb are also believed to have left the firm.