Raymond James winning market

Even in a slow market, a Gulf Coast corporate mainstay has managed to keep busy.

Buyouts magazine designated the investment banking group at Raymond James Financial (NYSE: RJF) its “Middle Market Investment Bank of the Year,” according to a release from the company. The publication pointed to what it considered a “solid year of deal advisory work” at the investment bank, as well as its acquisition of boutique investment banking firm Lane Berry, to justify the distinction.

The latest recognition follows a recent nod from the M&A Advisor network, which dubbed the Raymond James's role in Babcock & Wilcox Co.'s acquisition of Nuclear Fuel Services its “Middle Market Deal of the Year” for 2009.

Based in St. Petersburg, Raymond James Financial serves approximately 1.9 million accounts through its 2,300 locations worldwide.