Raymond James Financial (RJF) says loan losses are still high at its bank unit and are likely to...

|About: Raymond James Financial Inc. (RJF)|By:, SA News Editor

Raymond James Financial (RJF) says loan losses are still high at its bank unit and are likely to continue in a weak economy. The firm's private-client brokerage business has seen strong growth but has been overshadowed by RJBank's issues.