North America
Mercer sells off Canadian wealth arm to Canaccord Genuity
Business has just over $1.1bn in client assets
FCA fines nearly triple in a year
While US regulator raked in record $6.4bn in penalties
PEOPLE MOVES: Marlborough, Legal & General, Quilter
Investment firm names CIO, while CEO retires from financial services group
US in the news: Cetera buys retail wealth business
A round-up of people moves and M&A deals across North America
Credit Agricole subsidiary buys 70% stake in global wealthtech firm
Deal is an extension of a partnership started in 2019