The firm's Canadian wealth management business generated $77 million in third-quarter revenue
Equity issuance surged 37% in 2023; debt up 19% from previous year
The transaction supports Canaccord's strategy to grow wealth management
Issuance weakest since 1995 as IPOs, structured products and preferred issues were all scarce
“Significant penalty” could result from the investigation, company says
The firm will look for ways to improve employee ownership in the business, Dan Daviau said
Proposed deal ends with standstill agreement and executive changes
The group said there's "no reasonable chance" conditions will be met by a June 13 deadline
Management group no longer ruling out individual asset sales
Equity issuance at lowest level since financial crisis; debt slumps too