Rathbones has abandoned plans for a £2bn tie-up with rival wealth manager Smith & Williamson, leading the firm to seek out options for a potential stockmarket listing instead.
In a statement issued on Thursday evening, Rathbones said the deal, which would have created a major new player overseeing £56bn of assets, would not go through. The firm did not say why talks had collapsed,...
Service increasingly key
Aiming to be' top three' UK financial planner
Lowest measure since index launched in 1995
Complaints into double figures
Despite lower median annual earnings