Canaccord Financial has integrated Genuity Capital Markets into its operations. In association with this, the global capital markets division of Canaccord has been rebranded Canaccord Genuity.
Furthermore, several corporations of the Canaccord group have changed names: Canaccord Financial Ltd, the wholly-owned subsidiary and principal operating company in Canada, became Canaccord Genuity Corporation; Canaccord Adams Inc, the wholly-owned subsidiary for US capital markets operations, became Canaccord Genuity Inc; Canaccord Adams Limited, the wholly-owned subsidiary for UK capital markets operations, became Canaccord Genuity Limited; and Canaccord Financial (USA) Inc, a wholly-owned subsidiary for US brokerage transactions, became Canaccord Wealth Management (USA).
Canaccord’s publicly traded parent company, Canaccord Financial Inc, remains unchanged, as do the stock symbols the company trades under on the TSX (CF) and AIM (CF).
Canaccord’s retail business will continue to operate under the Canaccord Wealth Management brand, as a division of Canaccord Genuity Corporation.
Paul Reynolds, president and CEO of Canaccord Financial, said: “I would like to thank our operations team for making the seamless integration of Genuity Capital Markets possible. They have worked tirelessly over the past several weeks to ensure all Canaccord Genuity employees have the information, support and resources needed as we add more capacity to our global capital markets platform.”