canaccord to acquire eden financial
Canadian owner of Collins Stewart, Canaccord Financial, has announced it is to acquire Eden Financial for a total consideration of £16.8m, even as it closes 16 wealth management branches in Canada.
Canadian owner of Collins Stewart, Canaccord Financial, has announced it is to acquire Eden Financial for a total consideration of £16.8m, even as it closes 16 wealth management branches in Canada.
Canaccord Financial has recorded a net loss of $20.6m in its first quarter since acquiring Collins Stewart, as revenue fell 9% during the period.
It is easy to get swept along in the general mood of panic descending on markets, but could the UK be an unnoticed island of relative calm?