“It sounds like Raymond James expects $40 million in penalties more than what the firm accrued for,” said one senior industry executive, who spoke confidentially to InvestmentNews about the matter.
Citizens Financial Group Inc (CFG) stock saw a decline, ending the day at $47.03 which represents a decrease of $-1.28 or -2.65% from the prior close of $48.31. The stock opened at $48.01 and touched ...