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Raymond James names managing director for Asian coverage

Raymond James Financial Inc. named Dennis Zhang managing director responsible for the company's Asian coverage.

Zhang will be based in San Francisco. He previously served at Stifel Financial Corp.'s investment banking division as a director and head of China coverage, primarily focused on initial public offerings of Chinese companies in the U.S. and cross-border M&A deals between the two countries.

Raymond James has been expanding its coverage in Asia in recent months with the appointment of two other native Chinese finance professionals to its investment banking ranks. The company in November 2017 appointed Xinyin Zhang vice president for Asian coverage, and in April, it appointed Weidong Wang as an Asia-focused investment banking analyst. Zhang and Wang are based in Munich, Germany.