Matheson Investment is up for sale again only two months after a deal with Credit Suisse Private Ban...
Matheson Investment is up for sale again only two months after a deal with Credit Suisse Private Banking (CSPB) fell through, writes Jane Wallace. Investment Week understands that the private client business is on the market for about £40m. The Credit Suisse deal, scheduled for May, failed as CSPB decided at the very last minute that the two companies' cultures would not mix well. The situation was then complicated by the almost immediate departure of several CSPB relationship managers. The £1.8bn under management at Matheson is mainly private client business, invested in equity portfoli...
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