One of the biggest M&A deals of the year so far in the wealth management sector closed last week. Brewin Dolphin is now officially part of RBC Wealth Management – a big change for both firms.
When the deal was first announced, many were surprised. However, Alex Cossor, a manager at consultancy Gate One, argued there are clear reasons why RBC would be interested in Brewin Dolphin.
Firstly, he noted that while RBC is a very large firm – particularly in Canada – its UK ...
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