RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m.
The Royal Bank of Canada offer of 485p per share is at a 29% premium to the last closing price of BlueBay shares. London-based BlueBay is one of Europe's largest independent managers of fixed income...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.