Gresham House takeover gets green light from FCA
The £11.05 per share offer values Gresham House at £469.8m
The £11.05 per share offer values Gresham House at £469.8m
600 Link staff will join fellow asset servicing firm
Assets dipped 5.8% to £37.4bn in last three months
Newly formed ‘Client Group’ brings together wholesale and institutional distribution arms
Directors to hold board seats until AGM in 2024
Chief risk officer Elmar Zumbuehl replaces Randel Freeman, who has withdrawn due to unforeseen family circumstances
Operating profit fell to £113.5m from £234.8m
Ruth Leas and Henrietta Baldock to join the Rathbones board
Despite assets falling to £332.8bn in the six months to the end of June
Adjuto bought for an undisclosed sum
Net new business fell to £4.8bn from £5.5bn
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June