01 April 2022

RBC to buy Brewin Dolphin for £1.6bn

Written By FinTech Alliance

RBC to buy Brewin Dolphin for £1.6bn

 The Royal Bank of Canada’s wealth arm, RBC Wealth, has announced it will acquire Brewin Dolphin.

In Brief:

Brewin Dolphin is a UK based wealth manager with £55bn AUM. 

RBC is buying the business in cash for £5.15 per share. 

RBC says it views the UK as a key growth market for its wealth management business. 

Read more here. 

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