Message from Alexander Hoare

March 2017
Alexander Hoare

Following the sale of our wealth management business to Cazenove Capital Management, we are continuing our focus on providing the highest standards of service in private banking, in line with our heritage as the UK’s oldest family-owned private bank.

With this in mind, we have today announced an agreement with Canaccord Genuity Wealth Ltd for the transfer to them of our investment dealing and custody business.
This sale is the final part of our divestment strategy.

We have chosen Canaccord Genuity as they are able to offer the necessary resources to serve our customers well, develop the business and meet the increasing regulatory responsibilities it will require.

A copy of our press announcement is available here