The transaction bolsters Raymond James’ capabilities in less-liquid and complex credit markets, with employees joining the firm across six US locations and London.
Raymond James has acquired Imperial Capital’s fixed-income sales and trading business, expanding its presence in the institutional fixed-income market, according to a company announcement. More than 30 employees have joined Raymond James through the deal The acquisition will enhance Raymond James’ existing fixed income platform, which already includes subsidiaries SumRidge and GreensLedge. Imperial Capital’s institutional fixed income sales and trading team specialises in