High street banking giants NatWest and Barclays are expected to table bids this week to acquire UK wealth management firm Evelyn Partners.
According to reports from Sky News, the pair are set to launch offers today (5 February) worth over £2bn. Rumours about the sale of Evelyn, which held £67bn in assets under management (AUM) as of 30 September 2025, have been circulating for months, with the Royal Bank of Canada reportedly approached as a potential buyer. Investment banking giant Evercore has reportedly been brought in to advise on the sale of the Permira and Warburg Pincus-owned wealth management firm. NatWest, Barclays and Evelyn all declined to comment. In 2025, Evelyn completed the sale of its professional ...
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