Brief: EFG sells Harris Allday division to Canaccord Wealth

Canaccord Genuity

19/08/2026 08:08

Aug 19 (Reuters) - EFG International:
EFG INTERNATIONAL ANNOUNCES SALE OF HARRIS ALLDAY
SIGNED AN AGREEMENT FOR CANACCORD WEALTH TO ACQUIRE FRONT OFFICE TEAMS, CLIENT ASSETS OF HARRIS ALLDAY
ASSETS UNDER MANAGEMENT: £3.1 BILLION, GENERATED ANNUAL REVENUE OF £20.3 MILLION IN 2025, CURRENTLY HAS 77 EMPLOYEES
EXPECT SALE TO HAVE POSITIVE IMPACT OF APPROXIMATELY CHF 20 MILLION ON PROFIT BEFORE TAX IN H2
EXPECT SALE TO INCREASE GROUP’S CET1 CAPITAL RATIO BY APPROXIMATELY 30 BPS
Source text: https://tinyurl.com/4ahce834
Further company coverage: EFGN.S

 (Berlin newsroom)