London – Raymond James Corporate Finance announced today the appointment of Stuart Sweeney as a Managing Director in its London office. Sweeney, who comes to Raymond James from Ernst & Young (EY) where he was an Associate Partner in that firm’s Financial Services corporate finance practice, will focus on companies delivering tech-enabled financial services. In this role, Sweeney’s practice will complement the highly regarded Global Technology & Services banking team, through which the Raymond James London office was established just over a year ago.
Commenting on Sweeney’s appointment, Melville Mummert, head of European Investment Banking at Raymond James, said: “Raymond James’ reputation for deep sector expertise and for bringing smart, innovative bankers to their deals is very well known in the U.S. and becoming increasingly recognized in Europe. Stuart’s expertise in financial services will be an excellent complement to our existing Technology & Services practice.”
The Raymond James Financial Services team now comprises 14 managing directors and over 30 staff who have already completed 38 transactions in 2018 with a combined value of more than $6 billion.
Sweeney stated: “I am delighted to join the Raymond James team as we expand our Financial Services practice and work closely with the London-based Technology & Services team. I look forward to helping our European Investment Banking organization leverage into Europe and Asia the success and expertise of the Financial Services team established in North America.”
An honours graduate with a degree in Modern Languages from the University of Bristol, Sweeney has spent the last four years in leadership positions with EY’s financial services practice, based in London. Prior to EY, he spent 10 years with Computershare (ASX: CPU), in its European Corporate Development division, based in London.
Jim Bunn, co-head of Raymond James Global Equities and Investment Banking, added: “Raymond James offers our European clients unique cross-border M&A expertise and access to U.S. financing via our North American equity capital markets platform. With our offices in Frankfurt, Munich and London we have solidified our leading position in mid-market investment banking in Europe, particularly in Technology & Services, and we expect to now do the same in Financial Services.”
About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2015, Raymond James has participated in raising nearly $140 billion in capital for its corporate clients and completed more than 450 advisory assignments, including more than 390 M&A buy-side or sell-side advisory assignments.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,800 financial advisors in 3,100 locations throughout the United States, Canada and overseas. Total client assets are $790 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.