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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Rathbones and Investec arm link in City wealth manager mega-merger

The CEO of Rathbones said the City is “ripe for consolidation” as his firm agreed a deal to combine with Investec’s UK Wealth and Investment arm, creating the UK’s biggest wealth manager.

However, staff will fear job cuts as he noted some changes would be “inevitable”.

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