Rathbones Confirms Merger Talks with Smith & Williamson
Combination could create £50 billion-plus investment manager
Rathbone Brothers and Smith & Williamson are exploring the possibility of a merger, which could create an investment manager with over £50 billion (approximately $64.5 billion) in assets under management.
Rathbones confirmed that discussions were underway between the two firms via the Regulatory News Service on August 21, but cautioned against assuming that any deal was certain to close.
“Further to recent press speculation, Rathbones confirms that it is currently in exclusive discussions with
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