(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
(Alliance News) - Investec PLC and Ltd Rathbones Group PLC on Tuesday said they have agreed an all-share merger of Rathbones with Investec Wealth & Investment Ltd to create one of UK's leading wealth manager. Read More
(Alliance News) - Stocks in London were called to open higher on Tuesday, after the Reserve Bank of Australia decided to pause interest rate hikes, while Rathbones and Investec agreed a combination to create a UK wealth manager with GBP100 billion in assets. Read More
(Alliance News) - Rathbones Group PLC on Wednesday reported a fall in funds under management as its single-strategy funds suffered net outflows during a tough 2022 that "few of us correctly predicted". Read More
(Alliance News) - Beazley PLC on Wednesday said it has appointed Clive Bannister as chair designate, intending for the chair of Rathbones Group PLC to be confirmed as chair at Beazley's annual general meeting in April. Read More
