Sachem Capital Management, Metlife, Weathersbys Bank in Investment this week

by | Jul 12, 2017 | Wealth management

  • Sachem Head Capital Management, a New York-based activist investor, has secretly amassed a 2.3% holding in Worldpay through contracts-for-difference. The news came as the payments processor was putting the finishing touches to a takeover deal with American rival Vantiv
  • MetLife UK has announced that it is closing its wealth management business to new business. The company plans to focus on driving the growth of its employee benefits and individual protection businesses
  • Weatherbys Private Bank is to appoint Quentin Marshall as head of private banking to replace Adrian Crichton, who is retiring after more than 11 years at the bank
  • Canaccord Genuity Group is to acquire the wealth manager, Hargreave Hale, in a deal worth up to £79.5m