Risk.net

SG Private Banking buys into Canada

CWM Group was established in Calgary and manages around C$650 million (US$658.2 million). “Its wealth management business will benefit from SG Private Banking’s international expertise, particularly in structured products and alternative investments,” says SG in a statement released this morning. The acquisition reflects SG Private Banking’s ambitions to further its international expansion. SG is already present through corporate and investment banking activities.Paul Boeda, founder and chie