financo raymond james. Financo is an investment bank that focuses on the consumer sector. In 2020, Raymond James Financial announced that it had signed an agreement to acquire this bank, and it was expected that the deal would be completed in the second quarter of the company’s fiscal year.
Read more about: indian railway finance corporation dividend 2022
financo raymond james
Due to our strong capital position and growing demand among consumers and retailers for effective investment banking expertise, this transaction will allow us to have a similar culture and deliver meaningful results for our clients. Strategically empower with an industry-leading team with a desire to Raymond James Financial Chairman and CEO Paul Riley said:
With offices in New York and London, Financo has strong expertise in many consumer and retail specialties, particularly beauty and personal care, direct-to-consumer e-commerce, enthusiast brands, healthy Known for their ability in life and active areas. Working with high-growth innovative consumer goods companies in the lifestyle and home furnishing segments, as well as private, private equity-backed and publicly traded companies.
The combination of Financo’s more than 25 experienced professionals and Raymond his James’ complementary consumer and retail operations has positioned the company as a global market leader in consumer and retail investment banking. has established itself as a Jim Bunn, president of Raymond James, said, “As the consumer and retail space is undergoing major changes in business models and shopping behaviors, Financo’s primary focus on M&A and growth capital in this space is significant. We see tremendous growth opportunities in procurement.” Global Equity & Investment Banking. “This acquisition significantly expands our consumer group and further deepens our relationship with private equity. We look forward to welcoming Financo’s impressive expertise to Raymond James and consolidating our collective team.”
Read more about: Raymond James Financial
“Financo and Raymond James share the same values and a customer-first culture and have a similar approach to how they do business, so we want to focus on serving their people and customers. We were drawn to their aspirations,” said Berg. “I have long admired the growth of Raymond James and its investment banking franchise, and I am thrilled to bring its global network, strong capabilities and resources to our clients.”
The acquisition of Financo continues the company’s strategic growth in domestic and international investment banking capabilities. Completion of the transaction is subject to certain regulations and other closing conditions.
About Raymond James Investment Banking
Raymond James Investment Banking provides highly regarded capital formation and financial advisory services. Since 2015, we have participated in approximately $280 billion in funding for corporate clients and completed over 875 of his advisory engagements, including approximately 750 of his M&A buy-side or sell-side advisory engagements.
About Raymond James Financial
Raymond James Financial, Inc. (NYSE: RJF) is a diversified financial services company that provides individual client groups, capital markets, wealth management, banking and other services to individuals, businesses and municipalities. The company has approximately 8,200 financial advisors. Total client assets are $923 billion. It went public in 1983 and is listed on the New York Stock Exchange under his RJF symbol. Additional information is www.raymondjames.com.
Certain statements made in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include future strategic objectives, business prospects, anticipated savings, financial results (including costs, earnings, liquidity, cash flows and capital expenditures), industry or market conditions, and our product performance. Includes information on demand and pricing, acquisitions and divestitures.
Although the Company bases such statements on assumptions that it believes to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.
Investors are cautioned not to place undue reliance on forward-looking statements. We also recommend that you carefully consider the risks described in your filings with the Securities and Exchange Commission (“SEC”) from time to time, including your most recent annual report on the form.