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Stock Market & Financial Investment News

News Breaks
November 13, 2012
12:24 EDTRJFRaymond James to shut down Brazil unit, Reuters reports
Raymond James Financial (RJF) will shut down its operations in Sao Paulo, Brazil citing tax and regulatory hurdles, according to a Reuters report. The company said it will maintain global operations in the U.S., Canada, and Europe, as well as affiliate operations in Argentina and Uruguay. Reference Link
News For RJF From The Last 14 Days
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March 2, 2015
17:14 EDTRJFRaymond James to acquire Cougar Global Investments
Raymond James Financial announced that it had reached a definitive agreement to acquire Cougar Global Investments ., a Toronto, Canada-based asset manager, subject to approval by Canadian regulators. As a result of this transaction, Raymond Jamesí wholly owned subsidiary Eagle Asset Management expects to offer Cougarís global asset allocation strategies to Eagle clients worldwide. Founded in 1993, Cougar Global is a global asset-allocation ETF strategist that markets its investment services to high-net-worth individuals, families, foundations, trusts and institutions in Canada and the United States. As of Dec. 31, Cougar had more than $1B in assets under management.

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