Brown Shipley adds £1.5bn in AUM following Dutch acquisition

Adds 27 staff to London office

Brown Shipley will integrate Insinger de Beaufort into its London office
Brown Shipley will integrate Insinger de Beaufort into its London office
  • Mike Sheen
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Brown Shipley has expanded its London operations, following the acquisition of Dutch private bank parent Insinger de Beaufort (IdB) by its parent company KBL European Private Bankers.

The deal adds £1.5bn to Brown Shipley's assets - now totalling £7.5bn - and sees its London office add 27 new members of staff, including nine relationship managers. Brown Shipley said the acquisition...

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