Wealth Management

Rathbones exploring voluntary redundancy scheme as dust settles on Investec merger

‘We will look for opportunities for as many people as we can,’ CEO Paul Stockton tells FN

Paul Stockton has led UK wealth firm Rathbones since 2019
Paul Stockton has led UK wealth firm Rathbones since 2019

Rathbones is exploring a voluntary redundancy scheme as the UK wealth firm looks to trim headcount following its mega merger with Investec Wealth & Investment, its chief executive has said.

Speaking to Financial News, Paul Stockton, who has been Rathbones’ boss since 2019, did not rule out job cuts at the £108.8bn wealth firm.

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