Royal Bank of Canada’s (RBC) impending purchase of Brewin Dolphin for around £1.6 billion illustrates that anything and everything is possible in the UK wealth management sector, especially when it comes to mergers and acquisitions (M&A).
Prior to the announcement of RBC’s recommended offer for Brewin, neither firm would have automatically featured as a prospective participant in the M&A boomlet current afflicting the UK wealth management market.
RBC does hav...
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