(Alliance News) - Investec PLC and Ltd, and Rathbones Group PLC said on Wednesday an all-share merger of Rathbones with Investec's Investec Wealth & Investment Ltd had received all regulatory clearances. Read More
(Alliance News) - Rathbones Group PLC reported on Wednesday that its fund under management had narrowly increased, but that it had swung to a significant net outflow. Read More
(Alliance News) - Investec PLC and Ltd said on Friday the all-share merger between its unit Investec Wealth & Investment Ltd and Rathbones Group PLC is expected to be completed this year. Read More
(Alliance News) - Stocks in London were lower at the close on Wednesday following a shock inflation print in the UK that solidified market expectations of another rate hike from the Bank of England on Thursday. Read More
(Alliance News) - Stock prices in London were mixed at midday Wednesday, as investors digest a hotter-than-expected UK inflation reading and what that means for the Bank of England. Read More
(Alliance News) - Stocks in London are called lower on Wednesday, after hotter-than-expected UK inflation data wrong-footed forecasters once again and heaped more pressure on the Bank of England. Read More
(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK. Read More
Rathbones Group PLC - London-based investment and wealth management firm - Says funds under management and administration at the end of the first quarter of 2023 amounted to GBP60.9 billion, up 1.2% from GBP60.2 billion at the end of 2022. Underlying net operating income for the quarter fell by 2.2% to GBP117.8 million from GBP120.5 million. Read More
(Alliance News) - Stocks in London finished lower on Tuesday, while the pound reached its highest level since June, as concerns around last month's banking crisis re-emerged. Read More
(Alliance News) - Stock prices in Europe were in the green on Tuesday around midday, after news that annual eurozone factory gate inflation cooled in February. Read More
(Alliance News) - Early signs suggest April could be a busy month on the M&A front, with sizeable deals struck in the property, wealth management, beauty and entertainment sectors so far this week. Read More
(Alliance News) - London share prices opened mostly higher on Monday, as investors came to terms with the Opec+ oil production cut and after Australia's central bank paused its interest rate hikes. Read More