Perella Weinberg to buy London advisory boutique Gleacher Shacklock
Acquisition is latest move by US investment banks to expand in Europe
Acquisition is latest move by US investment banks to expand in Europe

US investment bank acquires firm where former chancellor George Osborne is among five-strong partnership

Trend puts pressure on brokerages and investment banks

New York firm that represented Sam Bankman-Fried and Ghislaine Maxwell would be among first to bring in investors

Lenders have been snapping up businesses formerly owned by buyout firms at a record rate

New corporate structures could get around long-standing restrictions against non-lawyer ownership of firms

US private capital group expected to restart fundraising in flagship European buyout fund