Previous close | 32.44 |
Open | 32.44 |
Bid | 30.60 |
Ask | 35.50 |
Strike | 95.00 |
Expiry date | 2024-05-17 |
Day's range | 32.44 - 32.44 |
Contract range | N/A |
Volume | |
Open interest | 28 |
Raymond James will partner with billionaire Todd Boehly's investment firm Eldridge Industries to expand into the $1.7 trillion private credit market, mirroring attempts by other banks. Private credit refers to financing provided by non-bank companies that are not subjected to the same degree of regulation as banks. Such loans are processed quicker and can be an important source of funds for borrowers deemed too risky by traditional lenders.
St. Petersburg, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Raymond James is expanding the capabilities of its Investment Banking division by partnering with Eldridge Industries and Raymond James Bank to provide private credit solutions to sponsor-backed portfolio companies in four primary sectors: Consumer, Diversified Industrials, Healthcare and Technology & Services. Raymond James has hired credit industry veteran Omer Masud as head of sponsor finance origination to launch the firm’s Private Credi
Insightful Analysis of Raymond James Financial Inc's Strengths, Weaknesses, Opportunities, and Threats