Shares in Edinburgh Fund Managers (EFN) have risen sharply on speculation that rival fund manager Hermes is about to table an agreed bid of at least £160m (€259m) for the company.

Shares in EFN rose 10p to 525p a share for a two-day gain of 28p.

Edinburgh fund share price soars on Hermes bid speculation

Nick Gilbert

Aberdeen Asset Management

Meet the female banker taking over JPMorgan’s UK private bank

Who is JPMorgan’s new UK private banking boss?

Ares launches first ever ELTIF as wealth push ramps up

Fiera Capital managing partner Catherine O’Reilly exits

https://images.fnlondon.com/im-12269829?size=1.5

The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Iran has threatened to close the Strait of Hormuz, a passage for roughly 20% of the world’s petroleum. Many view the scenario as a scorched-earth tactic and distant possibility.

The 6 Miles of Water Keeping Global Markets on Edge

Business activity in Europe and some large economies in Asia grew in June despite uncertainty regarding global trade and the threat of higher energy prices.

Global Business Remains Resilient in Face of Tariffs, Middle East War

Regional and community banks will be able to get in on the stablecoin market through Fiserv ventures with crypto firms and PayPal.

Stablecoin World Opens Up to Main Street Banks

A delisting push is adding to the unraveling of Wall Street’s love affair with China Inc.

Chinese Stocks and American Exchanges Head for a Breakup

Chicago-based Northern Trust has a market value north of $21 billion. The firms’ chief executives had at least one conversation.

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

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