Evelyn Partners to target NatWest and RBC with sales pitch
Permira and Warburg Pincus to kick off process for UK wealth manager in coming months
Permira and Warburg Pincus to kick off process for UK wealth manager in coming months

First major acquisition since full return to private hands last year will come as high street banks seek to diversify

Talks with private capital firms have focused on operational hurdles for retail customers

Customer information is either a private asset or a public good

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks

Hiring star bankers and letting them bring their own posse has had mixed results

Clients asking banks to review number of staff that have to be informed about live transactions