Canaccord’s income rises

Joseph Millis
CANACCORD Genuity yesterday reported that it had generated second-quarter income of C$20.7m (£11.3m) compared with C$6.7m in the same period last year.

Paul Reynolds, president and chief executive of the Canadian wealth management firm, said: “We achieved strong results in our global advisory business and steady recurring rev­enue growth from our global wealth management operations.”