£44bn Tilney Smith & Williamson merger to complete on 1 September

Mike Sheen
£44bn Tilney Smith & Williamson merger to complete on 1 September

The £44bn merger between London-based Tilney and Smith & Williamson is set to complete on 1 September, having previously been delayed by the covid-19 pandemic and intervention from the Financial Conduct Authority (FCA). Earlier this year, disruption caused by the coronavirus pandemic held up the merger, while the regulator identified "a number of issues" with the previous terms of the deal. In September 2019 the firms confirmed the merger, which is set to create a £44bn AuM business und...

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