Raymond James to acquire a majority stake in GreensLedge.

Raymond James, a diversified financial services company, agreed to acquire a majority stake in GreensLedge, a boutique investment bank. Financial terms were not disclosed. “We’re excited to take this next step with the GreensLedge team. Their specialized expertise in structured products, paired with our robust fixed-income distribution and trading capabilities, unites best-in-class strengths, forming a compelling strategic partnership. More importantly, our cultural alignment and collaborative spirit will drive innovation and deliver meaningful value to our institutional clients,” Jim Bunn, Raymond James president of Capital Markets and Advisory.