Wealth and Asset Management
Rathbones shares slump 16.5% after FCA-prompted review finds wealth management failings
Shares in Rathbones Group PLC tumbled 16.5% to 1,630p on Tuesday after the wealth manager flagged a regulatory review that found shortcomings in its UK business and will trigger £60 million of costs. The group commissioned a skilled person review, an independent assessment overseen by the Financial Conduct Authority,…
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