CORRECTED-Canaccord explores options for UK wealth management business, FT reports

-1.52%

-0.62%

-0.24%

+0.23%

CF Industries Holdings, Inc. CF	77.55	-1.52%
Dow Jones Industrial Average DJI	48114.26	-0.62%
S&P 500 index SPX	6800.26	-0.24%
NASDAQ IXIC	23111.46	+0.23%

Corrects headline to clarify Canaccord is exploring options for its UK wealth management business, not overall wealth business

Nov 26 (Reuters) - Investment bank Canaccord Genuity Group CF.TO is working with bankers to run a strategic review of its British wealth management business, the Financial Times reported on Tuesday, citing two people familiar with the matter.

Canaccord and UK-based advisory firm Fenchurch Advisory Partners are assessing the future of Canaccord Genuity Wealth Management UK, the report said.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Rashmi Aich)

((Gnaneshwar.Rajan@thomsonreuters.com;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.