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Raymond James Promotes Bunn to Co-Head Investment Banking

Nov. 8 (Bloomberg) -- Raymond James Financial Inc., the brokerage that acquired Morgan Keegan & Co. last year, named Jim Bunn as co-head of investment-banking.

Bunn, who is currently co-head of the technology services investment-banking group, will run investment banking with Dav Mosby starting Jan. 1, the company said in a statement today. Bunn joined the St. Petersburg, Florida-based firm as part of its 2009 purchase of Lane Berry & Co.

“Jim is an exceptional manager and banker who is consistently recognized as one of the best in our industry,” Jeff Trocin, president of global equities and investment banking, said in the statement. “He led the expansion of the firm’s technology-services practice and oversaw successive years of substantial growth.”

Bunn’s team generated the highest merger-advisory revenue of any investment-banking unit in the firm’s history, Raymond James said in the statement.

He began his career at Salomon Smith Barney, where he was a member of the financial technology investment-banking team until 2004, when he joined Lane Berry, according to the statement.

To contact the reporter on this story: Fanni Koszeg in New York at fkoszeg@bloomberg.net

To contact the editor responsible for this story: Peter Eichenbaum at peichenbaum@bloomberg.net

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