BRIEF-EFG sells Harris Allday division to Canaccord Wealth
Reuters2026/08/19 07:08Aug 19 (Reuters) - EFG International:
EFG INTERNATIONAL ANNOUNCES SALE OF HARRIS ALLDAY
SIGNED AN AGREEMENT FOR CANACCORD WEALTH TO ACQUIRE FRONT OFFICE TEAMS, CLIENT ASSETS OF HARRIS ALLDAY
ASSETS UNDER MANAGEMENT: £3.1 BILLION, GENERATED ANNUAL REVENUE OF £20.3 MILLION IN 2025, CURRENTLY HAS 77 EMPLOYEES
EXPECT SALE TO HAVE POSITIVE IMPACT OF APPROXIMATELY CHF 20 MILLION ON PROFIT BEFORE TAX IN H2
EXPECT SALE TO INCREASE GROUP’S CET1 CAPITAL RATIO BY APPROXIMATELY 30 BPS
Source text: https://tinyurl.com/4ahce834
Further company coverage: EFGN.S
(Berlin newsroom)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Chatter: Stellantis Plans to Invest Over 1 Billion Euros to Manufacture New Van in France
U.S. consumer confidence index falls more than expected, inflation expectations rise, Republican satisfaction hits lowest level during Trump's term
At the beginning of September, the consumer confidence index dropped from 51.7 in August to 47.8. Consumers' inflation expectations for the next year jumped from 4% to 4.6%. Most consumers anticipate that the Federal Reserve will raise interest rates within the next year, marking the first time since 2023. Only 35% of Republican respondents believe the government is performing well in economic management, the lowest reading since Trump's return to the White House last year.
Mining Americas switches auditor to Ernst & Young from McGovern Hurley
Mary Chia CFO Su Jun Ming to retire as executive director, step down Sept. 28, 2026
Crypto prices
More
