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Raymond James’ ‘enhanced savings program’ got bump from SVB failure, execs say

Interest income brought the firm's revenue to a record high during the quarter ended in March, offsetting lower income from asset management fees.

Raymond James brought in record net revenue during the quarter that ended in March, despite declines in its asset management fees and brokerage revenue, the company disclosed Wednesday in an earnings presentation.

Driving those results were bumps in the revenue from the firm’s private clients g

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