NatWest nears £2.5bn takeover of wealth manager Evelyn Partners
First major acquisition since full return to private hands last year will come as high street banks seek to diversify
First major acquisition since full return to private hands last year will come as high street banks seek to diversify

Permira and Warburg Pincus to kick off process for UK wealth manager in coming months

NatWest's shares slid Monday after the company announced a £2.7 billion ($3.7 billion) deal to acquire one of the U.K.'s largest…

Bank’s joint venture with Schroders was hampered from the start, though neither is giving up on the sector

UK wealth manager’s net inflows climbed as investors sought to shield themselves against potential tax changes

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

Will high street lenders persist with disciplined growth plans or take riskier bets to boost fee income