Natwest and Evelyn Partners agree £2.7bn deal

Combined, the group is expected to have total assets under management and administration (AUMA) of £127bn, with £69bn of this coming from Evelyn Partners. Total customer assets and liabilities are expected to total £188bn, Natwest stated in a stock exchange update confirming the deal this morning (9 February). The deal remains subject to regulatory approval and is expected to close in the summer of 2026. Evelyn Partners' majority owner, Permira, has backed the group since 2014, while Warburg Pincus came on board as a minority investor in 2020. The Natwest deal, confirmed this mo...