Brewin Dolphin Seeks Buyer For Unit

Brewin Dolphin is planning to sell its investment banking unit.

Brewin Dolphin is planning to sell its investment banking unit, The Telegraph reports. The U.K. fund manager is in discussions with several buyers of its corporate finance and corporate broking business following several unsolicited offers. The London-based firm’s investment banking unit mainly focuses on advising and raising capital for small companies. Brewin Dolphin has around £23 billion in assets under management.

Click here for the story from The Telegraph.