Brewin Dolphin in 'exclusive' talks with Investec about buying wealth management business

The discretionary wealth manager, which has a market cap of almost £1bn and around £42bn in assets under management, confirmed it is in "exclusive discussions" with Investec about acquiring its private client stockbroking business, which is said to be back on the market at €60m. Brewin Dolphin hires Coutts' Rawlinson as wealth director "Discussions are ongoing and there can be no certainty that a transaction will be agreed," Brewin Dolphin said. "A further announcement will be made if and when appropriate." The deal would boost Brewin Dolphin's presence in Ireland, having bought Du...