Quilter has sold its international business to Utmost Group for £483m following a strategic review.
The firm said the sale would simplify Quilter and focus its attention on its higher growth UK wealth management business. The deal is due to complete towards the end of the year if shareholders approve...
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Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'Lower than ever reward'