Diamond’s Panmure purchase marks bet on building on in mid-market

Bob Diamond
By David Rothnie
23 Mar 2017

Buying Panmure Gordon may not be the Bob Diamond comeback that everyone was clamouring for, but it could mark the first step in the formation of a non-bank financial player in the mould of Cantor Fitzgerald, writes David Rothnie.

When Atlas Merchant Capital and Qatar’s QInvest unveiled the £15.5m ($19.40m) acquisition of struggling UK broker Panmure Gordon on March 17, the publicity it attracted was such that one seasoned corporate financier described it as “the smallest ...

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