Canaccord Genuity reportedly exploring options for its British wealth management business

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Canaccord is working with Britain-based advisory firm Fenchurch Advisory Partners on the strategic review, which is in the early stages, the Financial Times reported on Tuesday

is working with bankers to review its British wealth management business, with potential outcomes ranging from a sale to bringing in another investor, the Financial Times reported on Tuesday.

Wealth management is one of the most competitive segments of Britain’s financial industry, with banks jostling with traditional investment firms to serve clients from pension savers to billionaires.

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