Canada
Global insurance group buys Canadian wealth manager
Deal is expected to be completed by the end of 2023
Mercer sells off Canadian wealth arm to Canaccord Genuity
Business has just over $1.1bn in client assets
HSBC sells off Canadian arm for $10bn
Acquirer believes the deal will bolster its global banking and wealth management offerings
Global advice company unveils Canada operation
To bolster its offering for the British expat community
Zedra receives financial backing from Canadian investment firm
But majority investor will remain biggest shareholder