In recent news, several instances of
financial growth have been reported about
Raymond James Financial (RJF), leading many to invest, increasing stake in the firm.
iA Global Asset Management Inc. and Intact Investment Management Inc. have notably bought into RJF. Their quarterly
dividends declaration, positive capital allocation and upcoming results have all affirmed RJF's financial strength and stability. This also extends to their Q3 earnings and reported increase in institutional investors, contributing to a market cap gain of a whopping US$1.0 billion. However, their growth is not entirely resistant to fluctuation, with their shares experiencing a gap down. Employee shares trading and the introduction of a new CFO and bank CEO during a significant transition period also highlight the evolving internal dynamics. Amidst these, they have reportedly planned to upgrade their managed accounts platform with integrated tax management technology through a collaboration with
J.P. Morgan Asset Management's 55ip. Despite recent leadership shifts and fines for high fees, Raymond James remains a key player in the financial services industry.
Raymond James Financial RJF News Analytics from Thu, 27 Mar 2014 07:00:00 GMT to Sun, 01 Sep 2024 14:48:14 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 2
