Investment Banking

Panmure Gordon and Liberum set to merge as broker consolidation picks up pace

Consolidation in the broking sector continues as UK capital markets have stalled

Panmure Gordon and Liberum set to merge as broker consolidation picks up pace
Photo: Harry Murphy/Getty Images

Panmure Gordon and Liberum are set to announce a landmark merger between two of the City's longest-standing brokers, according to reports.

The combined firm, set to be branded Panmure Liberum, will be run by former Barclays executive Rich Ricci, Sky News reports.

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