Raymond James Financial may further grow its healthcare investment banking group after bringing on board a trio of bankers from Fifth Third Securities’ Coker Capital Securities.
“We’re going to continue to think about expanding,” senior managing director Doug Brown, who heads healthcare investment banking at Raymond James, told The Deal.
The firm may add bankers on the public equity side, Brown said, focusing on areas including biotech and medical technology.
The group’s other coverage areas include healthcare services, life sciences products and services, and healthcare technology.
His comments come amid a hiring spree at Raymond James, which Brown joined in August to head its healthcare investment banking unit and open its office in Charlotte, N.C. Read more.
