Expands services for ultra high net worth clients
Combined exchange company would be the world’s fifth-largest by market value
Athene Holding to acquire Liberty Life for US$628.1 million
Deal brings $1.75 billion in assets
Key risks are preserving management and growth at asset manager
Fund manager an `ideal fit’ with RBC’s growing asset management business, Lewis says
NGBE suspends redemptions
Panama office is largest Scotia private client group office outside Canada
O’Connell will become firm’s chairman and CEO
Deal will bring technical expertise, geographic diversification and product breadth, CEO says