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Potential sale of acquisitive firm could start trend towards larger-scale consolidation

Online Editor

Wealth manager Wren Sterling's sale talks have ended with a management buyout.

A number of bidders were vying for the firm, 

 learned. On 14 July, Wren Sterling declined to comment on discussions.

Wealth manager Wren Sterling confirms sale talks

Sale of acquisitive firm could start trend towards larger-scale consolidation

Justin Cash

‘I’m riddled with anxiety about it’: Working dads face tough choices about paternity leave

Accenture backs AI boom with new management structure

The government fired the CMA’s chair. Then it deleted the messages

Barclays poaches Citi managing director for wealth private credit push

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

Ex-EY managing partner Andy Baldwin joins IBM Consulting

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Baldwin left EY after losing out on the CEO role last year

Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric-vehicle maker even as the bloc’s EV market shows signs of growth.

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil prices rose following a sharp selloff earlier this week, with traders focusing on talks between the U.S. and Iran.

Oil Rises After Sharp Selloff, With U.S.-Iran Talks in Focus

How a band of brew-swilling detectives brought down Scotland’s ‘Mr. Tea’

On-and-off trade battles, hot wars and deportations make it tough to predict where the U.S. economy is headed.

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.

By Alexander Saeedy, AnnaMaria Andriotis and Dylan Tokar

 Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans

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