Raymond James is selling its German institutional equity brokerage business to MainFirst Bank, as the European-based broker seeks to scale its business in the wake of MiFID II. As part of the deal, 35 Raymond James employees, based in Paris and London, will transfer to MainFirst.
Raymond James is selling its European institutional equity brokerage business to MainFirst Bank, as the German-based broker seeks to scale its business in the wake of MiFID II. As part of the deal, 35 Raymond James employees, based in Paris and London, will transfer to MainFirst.