1990–2000

Since 1895

1999 – The company changes its name to U.S. Bancorp Piper Jaffray to reflect its partnership.

1998 – Piper Jaffray is acquired by U.S. Bancorp in a cash transaction valued at $730 million.

1996 – Andrew Duff assumes the role of president.

1993 – The Piper Jaffray Companies Foundation is established and allocates $3.4 million to charitable organizations in its first year.

1992 – The name of the broker-dealer changes from Piper Jaffray & Hopwood Incorporated to
Piper Jaffray Inc.