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Revenues Slip At Canaccord Genuity WM

Editorial Staff

7 August 2020

in the UK and Europe earned revenue of £39.5 million ($51.8 million) during the three months to the end of June this year, falling by £2.4 million or 5.6 per cent on the same period a year ago. 

When significant items are stripped out, the firm in the UK and Europe recorded net income of £9.3 million before taxes, rising by £1.2 million or 14.8 per cent year-on-year, it said in a statement yesterday. 

The firm, part of Canada-based , had client assets of £25.9 billion, falling by 5.6 per cent.