10.14.25

Raymond James Acquires Specialty Investment Bank from New York

by: Christina Georgacopoulos

Raymond James has acquired a majority stake in New York-based boutique investment bank GreensLedge Holdings, expanding its fixed income platform. The deal, with Sumitomo Mitsui Trust Group retaining a minority stake, marks Raymond James’ first major acquisition under new CEO Paul Shoukry. The acquisition enhances Raymond James’ fixed-income distribution and trading platform and will support other divisions, including wealth management and private capital.

Read the full article on Tampa Bay Business Journal