Baird’s 2022 revenue down 18% from record high

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Milwaukee-based Baird posted its second highest net revenue ever in 2022 at $2.79 billion, a more than 18% drop from the prior year, according to figures released by the firm. The biggest shift from 2021, when Baird saw net revenues reach $3.41 billion, came in the company’s equity capital markets business. In 2021, the firm

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