Notes of Note from John F. Ince

Two of the big names in the world of social finance, Charity Bank and Investing for Good, will as of today work together in a strategic alliance.

The partnership will create a full service social bank combining Charity Bank’s retail deposit and lending bank services with Investing for Good’s ability to provide investment advice and arrangements to wealth managers.

Charity Bank CEO Malcolm Hayday said: ‘The strategic fit with Investing for Good is very strong and our combined strengths will hasten the development of a broad range of social investment services at the most critical juncture for financial services in a generation.’

Geoff Burnand, co-founder of Investing for Good, and now also Chief Investment Officer of Charity Bank, said: ‘If this sector is going to progress it needs to demonstrate collaboration and scale.

via Social financiers merge at ‘most critical time in a generation’ | Social Enterprise.

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