M&A, new launches, and profit pressure: The top wealth stories of Q2

The second quarter of 2015 proved to be as eventful as the first for the wealth management space, as M&A, bid rumours and restructurings continued to take the headlines.

April Brewin Dolphin named as top UK takeover target M&A activity has been a feature of the wealth management space in recent quarters, and brokers Liberum believe Brewin Dolphin could be next. In April, analysts at the firm named Brewin Dolphin as a prime candidate for a takeover, citing improvements by management to its cost base and to legacy issues which are now bearing fruit. Towry profits halve as regulatory costs bite Wealth management firm Towry reported in April that profits had more than halved in 2014 as a result of costs related to acquisitions and regulatory charges...