Private bank Nedbank has appointed a new head of wealth planning.

Wealth planning firm Brown Shipley has revealed it is to acquire NW Brown & Co Limited, a wealth manager based in Cambridge with an additional office in Norwich. 

STM Group raked in £2.7m in profits from its acquisition of Carey Pensions earlier this year in what it classed as a bargain purchase.

IFA firm Chase de Vere has expanded its personal injury team in Yorkshire.

National Financial Planning group Perspective has hired Kevin Homfray as acquisitions director.

The Bank of England has maintained interest rates at 0.75%.

Quilter Private Client Advisers has revealed the acquisition of three Financial Planning businesses.

The FCA has today fined Bank of Scotland (BOS) £45.5m for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland.

Omnis Investments, Openwork’s specialist asset management company with £6.9bn under management, has appointed Jupiter Asset Management as manager of its £317m Omnis Income & Growth Fund, replacing Woodford.

NS&I delivered £10.8bn of net financing to the Government in 2018-19, according to its latest figures.