Finance Sector’s Q3 Growth Seen Leaving Others in Dust
Early reports for the finance sector’s third-quarter 2012 performance indicate that it is on track to best all other sectors, at overall profits of 11.8%, in what looks to be an otherwise lackluster earnings season.
Raymond James Taps Former Morgan Keegan CEO to Lead Fixed-Income Group
The fixed income and capital markets group will be led by John Carson Jr., former CEO of Morgan Keegan.
Raymond James to Sell 10.5M Shares to Pay for Morgan Keegan Deal
Nearly $323 million from the proceeds of the common stock sale will be used for the $930 million acquisition of Morgan Keegan.
Morgan Keegan Bleeds as Sale Drags On, Experts Say
As the clock keeps ticking on a possible sale, advisors at Memphis, Tenn.-based Morgan Keegan are likely to continue to leave or at least consider it, recruiters tell AdvisorOne, which drains the value of the broker-dealer to potential acquirers.