The Los Angeles-based broker-dealer confirmed it's in talks to sell a majority stake in Great American Group.
Short sellers have been relentlessly betting against B. Riley for the past year.
Only a handful of funds hold most of the short positions in Treasury futures.
Regulators are investigating the firm's relationship with a client linked to a securities fraud.
Goldman Sachs made at least $800 million on inflation trades last year.
The European high-yield credit market has been roiled by volatile geopolitics this year.
Hamza El Hassani traded dividends in the bank's equities division.
The company seeks to combat workplace malaise brought on by the coronavirus pandemic.
The cuts are skewed toward the technology and operations divisions.
All of Europe's investment banks are dealing with one of the worst market environments in recent history.
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