The possible £2bn all-share merger of Smith & Williamson and Rathbone Brothers could be derailed, with wealth manager Tilney launching a rival bid for S&W.
Tilney has tabled an all-cash offer for the firm, according to Sky News, but S&W's management team, led by David Cobb and Kevin Stopps, is reportedly keen to continue to pursue a deal with Rathbones rather...
The US dollar is close to peaking and the risks now seem to be on the downside.
Latest news and analysis
Fallout from Haywood suspension
Songs from writers Johntá Austin, Sean Garrett and Rico Love
Strategic public equity