Friday 12 February 2016

Canacord Genuity wields the axe - part 2

Canacord Geniuty appears to have tacitly confirmed my tale from earlier in the week.

In case you missed it, the broker/investment bank released dire 3rd quarter results this morning, announcing there would be a major "restructuring" resulting in job losses in the UK and elsewhere.

Here is a link to today's press release:

http://www.investegate.co.uk/canaccord-gen-grp--cf--/prn/3rd-quarter-results/20160212070000P801E/

And I hear the Canadian broking outfit has been hit with another major departure, so keep an eye on little old Betaville as I may have a fresh update...

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