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Teather & Greenwood buys Escalon Holdings

Teather & Greenwood is buying Escalon Investments from Rathbone Brothers in a deal that could be worth up to £2.4m.

The stockbroker is paying £150,000 up front for the 5 member corporate finance team, with additional payments related to profits.

Teather & Greenwood chief executive Ken Ford says: “The acquisition of an established and respected regional team is a logical step as we seek to build on our already strong position as specialist advisors and brokers to small and growing companies.”


The road to regulation

The sheer size of the FSA&#39s CP98 draft mortgage sourcebook gives an early taste to brokers, lenders and borrowers alike as to how life is likely to be when the rule changes are brought in.At over 400 pages, the document is as daunting to brokers as a panoply of five-page pre-application illustrations per mortgage under […]

Schroders picks ex-Grenfell chief Dobson as CEO and buys his firm

Schroders has appointed former head of Morgan Grenfell, Michael Dobson as chief executive and is to buy Dobson&#39s hedge fund firm Beaumont Capital Management as part of the deal.Dobson will take over from David Salisbury who quit Schroders after a 68 per cent fall in profits during the first half of this year.Schroders is to […]

Credit Suisse First Boston – Global Titans Tessa Plan

Monday, October 22, 2001.Type: Capital protected Tessa only Isa.Aim: Growth.Minimum-maximum investment: £5,000-£9,000.Investment choice: 100 per cent in shares listed on the Dow JonesGlobal Titans index.Term: Five years.Guarantee: Capital returned in full at end of term.Return: Up to 55 per cent at end of term.Catmarked: No.Closing date: January 31, 2002.Charges: None.Commission: Initial 3 per cent.Tel: 0870 […]

RBSI launches stepped growth plan

The Royal Bank of Scotland International is launching a stepped growth bond designed to offer security to investors during the current volatile period in the markets. The bond is the latest in a series of fixed term deposit accounts RBSI aimed at expatriates and foreign nationals in the UK and worldwide. Growth is based on […]

Who cares?

By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]


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