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Financial Services - 2006
Barclays is to acquire Nile Bank, the Ugandan commercial bank with 18 branches and 228 staff, for undisclosed terms.
Carlisle Group has acquired Chadwick Nott, the legal recruitment company with offices in London, Bristol and Birmingham, for an initial £2m.
Carole Nash, the motorcycle insurance company with 350 staff, is to be acquired by Groupama UK for an estimated £70m.
Wise Speke, the stockbroker, is to set up a 40,000 sq ft office at the Time Central development in Newcastle-upon-Tyne.
JP Morgan, the investment bank, is looking to set up a new 1m sq ft headquarters in London, having appointed DTZ to find a suitable site.
Citigroup is to acquire Quilter, the wealth management company with 300 staff at ten offices, from Morgan Stanley for £230m.
Royal Bank of Scotland is to relocate its global operations centre from London to Brampton Vale Gardens, Newcastle-under-Lyme, with the creation of up to 80 jobs.
Plus Markets has raised £25m in a placing to fund the expansion of its electronic share trading market for small companies.
Davenham has agreed a £300m funding package to expand its Manchester-based finance business, and will soon start looking for new city centre premises.
DWF is planning to merge with Ricksons, the law firm with offices in Preston and Leeds, to create a combined group with about 800 staff.
KPMG is recruiting a further 60 staff in Scotland to handle tax returns for an unnamed financial services institution.
Blake Lapthorn Linnell has merged with Tarlo Lyons to create a combined law firm with more than 700 staff across London and the South East.
Dickinson Dees is to merge with Philip Ashworth & Co, the York-based law firm with ten staff, and at least 50 jobs are expected to be created at a new office in York over the next three years.
Maxwell Batley is to merge with Winward Fearon to create a combined London-based property law firm called Maxwell Winward with 90 staff.
Macquarie, the Australian bank, is considering plans to double the size of its London office by 2011, which could involve a 200,000 sq ft relocation.
The Home Office is to set up a 33,000 sq ft office at the Norwich Union building in Cardiff city centre in spring 2007.
Anglo Irish Bank is planning to open a larger office in Glasgow, and is currently seeking a suitable site.
Towergate Partnership has acquired THB Clowes and THB Financial Services from THB for up to £11m, including insurance, pensions and executive benefits offices in Warwick and Nottingham.
Bank of New York is to acquire Mellon Financial of the US for £8.4bn, which could lead to the loss of more than 500 jobs at UK sites including London, Leeds, Edinburgh and Essex.
Jelf Group is to acquire Haines Wallace Insurance Brokers of Plymouth, which will add about £4.5m to its gross written premium.
Equity Insurance Group, the insurance broker, is to be acquired by IAG of Australia for £570m.
Shore Capital has raised £18m in a share placing to fund the expansion of its stockbroking services.
Paymentshield is to relocate its head office from Southport to the Gyle area of Edinburgh in January 2007, with the creation of about 40 jobs.
IFG Group is to acquire Langtry Trust Company, the Jersey-based financial services company, for an initial £3.4m.
Towergate is looking to spend up to £250m on acquisitions to expand its insurance broking business.
BiB Group has acquired Scanlon Insurance Services of Bedale, North Yorkshire, and is now seeking further acquisitions in North East market towns.
Alliance Trust has acquired Albany Ventures, the Edinburgh-based venture capital investment company with gross assets of £0.5m.
EMAX Consulting is planning to expand the workforce at its new loyalty card call centre in North Shields from 11 to 160 by the end of 2007, and aims to employ 600 in a few years.
Bollington Group has acquired TMIS, the motor trade insurance broker that trades as FM Green, for £5m.
The Home Office is to deploy up to 800 additional enforcement officers across the country next year, in order to improve immigration controls.
Barclays is to expand the 1,200-strong workforce at its wealth management division in Glasgow with 500 new jobs over the next three years.
PricewaterhouseCoopers is to set up a number of new offices in London on five-year leases, in preparation for a permanent move, including 100,000 sq ft on Tooley Street, 20,000 sq ft on Hays Lane and 50,000 sq ft at Shell-Mex House.
Diamond Lifestyle, the Cambridgeshire-based provider of advice and brokering finance to council house tenants with 80 staff, is to be acquired by Enterprise North for up to £9m.
Atteys has merged with Taylors of Sheffield to create a combined legal firm with nine offices and more than 300 staff.
Essentially Group has acquired Accounts Eight, the provider of financial management services to sports and media companies, for £1.5m.
ProtectaGroup has acquired four Remax estate agency branches in Canton, Talbot Green, Tonypandy and Neath, and will increase the 15 jobs to 25.
Yorkshire Bank is planning a £8m refurbishment at its headquarters in Leeds, in order to improve facilities and increase capacity in the four-storey building to about 700 staff.
Money Debt & Credit is planning to raise £10m in a flotation on Aim to fund the expansion of its debt advice business.
Towergate has acquired Paymentshield, the buildings and contents insurance company, for undisclosed terms, and the 300 Paymentshield staff will relocate to a new office in Southport in early 2007.
Bank of America is to set up an additional 70,000 sq ft office at 5 Canada Square in London's Canary Wharf.
Royal Bank of Scotland is to relocate its commercial banking centre and 50 jobs from Southend to a new office in Basildon in February 2007.
Lowell Group is planning to expand the workforce at its Leeds-based debt purchasing business from 190 to 250 by the end of the year, with a further 100 new jobs in 2007.
HSBC is planning to open at least six bank branches in Scotland over the next 18 months, and 30 new jobs will be created when it opens a new main Edinburgh branch on Princes Street in early 2007.
Ernst & Young is planning to create 90 new jobs at its accountancy office in Manchester over the next three years, to add to the existing 365 staff.
DWF, the law firm, is looking to expand its staff in Manchester from 290 to at least 400 over the next three years, and also aims to establish a presence in Leeds.
Burges Salmon, the law firm, is to relocate its Bristol offices to a 170,000 sq ft site at Temple Quay Central in 2010.
Barclays is to acquire Indexchange, the German provider of exchange traded funds, for £161m, in order to expand its Barclays Global Investors business.
KPMG has agreed a deal to relocate its London headquarters and up to 4,400 staff to a new 15-storey office block to be built at Canary Wharf by 2009.
RSM Robson Rhodes, the accountancy firm, is to be acquired by its US partner RSM McGladrey.
First Data is to create at least 450 jobs at a payment services centre in Glasgow.
UBS, the investment bank, is to set up two new offices of 60,000 sq ft and 45,000 sq ft near its Broadgate headquarters in London.
Taylor Wessing, the law firm, is to set up a 166,000 sq ft office at the New Street Square development on London's New Fetter Lane.
Innovation Group is to acquire First Notice Systems, the US provider of claim-reporting outsourcing services to the property and casualty insurance market, for £27m.
Hill Dickinson has merged with Hill Taylor Dickinson, creating a combined law firm with more than 900 staff at offices in the North West and London.
Farley Group has acquired Calcutt Maclean Standen East Kent, the estate agent with offices in Canterbury and Wye, as well as the fine art auction house Calcutt Maclean Standen Fine Art.
PayPoint is to acquire Metacharge, the internet payment processing company with offices in London and Bath, for £8.4m.
Homeserve Emergency Services is planning to create 200 jobs at its recently-acquired Digital Insurance Services business in Norfolk over the next 18 months.
Royal Bank of Scotland is to acquire GreatBanc, the US commercial bank operating in the Chicago area, for £95m.
Greystone Financial Services, the independent financial advisors with 60 staff in Altrincham and London, has undergone a management buy-out.
Central Insurance Services is to relocate to a new 15,000 sq ft office at Westhill in Aberdeen in summer 2007.
Swinton has acquired Graysons Insurance Consultants, the taxi insurance broker based in Liverpool, Widnes and Wirral, for undisclosed terms.
Catlin is to acquire Wellington Underwriting, the London-based insurance company, for £591m.
Collins Stewart Tullett is to acquire Hawkpoint, the corporate advisory firm with 120 staff in London and France, for an estimated £130m, as well as Chapdelaine Corporate Securities of the US for £50m.
HSBC is planning to set up five "megastore" bank branches, with the first 35,000 sq ft site opening on London's Brompton Road, as part of a £400m investment in new outlets.
Homeserve has acquired Digital Insurance Services, the Great Yarmouth-based household insurance company with 45 staff, for an initial £3m.
Citigroup is to expand its technology centre of excellence in Belfast with the creation of 185 jobs, having secured £3.6m of financial assistance from Invest NI.
Townends Chartered Accountants of Goole has merged with Robinson & Co of York to create a combined accountancy group with more than 80 staff.
Provident International, the finance company, is to set up a 38,000 sq ft office at Number Three Leeds City Office Park in Leeds.
Phoenix Partners Group of the US is planning to create up to 28 jobs at its new inter-dealer broking office in London over the next two years.
Bank of New York is planning to relocate about 200 Poole-based staff from its recently-acquired JP Morgan corporate trust business to a new office in the town centre early next year.
Wilmington Group has acquired Mercia Group, the Leicester-based accountancy training company with 70 staff, for £7.1m.
Parasol, the Warrington-based accountancy outsourcing company with 80 staff, has undergone a £24m management buy-out and plans to expand its workforce to 110 over the next few years.
NM Rothschild is to submit plans to replace its London headquarters with a 15-storey tower in St Swithin's Lane, providing space for its 364 investment banking staff and up to 788 additional staff.
Zurich Insurance is to set up a new 52,000 sq ft office at the Solent Business Park in Fareham.
Babcock & Brown, the investment firm, is planning to relocate its London headquarters to a 70,000 sq ft office at 5 Aldermanbury Square.
DTZ is considering plans to relocate many of its 950 staff from Curzon Street, and is seeking a site of up to 80,000 sq ft in the City of London.
Debts.co.uk has acquired Neville Eckley & Co, the chartered accountancy with 18 staff at four offices in the South East, for an initial £0.3m.
Charles Schwab of the US is planning to launch a private client stockbroking business in the UK, as part of its international expansion programme.
The Home Office is to relocate about 350 staff from its pay and pensions department in Bootle to a 36,000 sq ft office at the City Square development in Liverpool in February 2007.
Barclays Bank is to sell some of its vendor finance operations in the UK and Germany to CIT Group of the US, including gross assets of £1.1bn.
Hastings Insurance Services, the East Sussex-based car insurance broker with 1,400 staff, has been acquired by Insurance Australia Group for £140m.
EFinancial Careers, the online recruitment company, has been acquired by Dice of the US for £48m.
Seymour Pierce Ellis, the Crawley-based private client agency stockbroker with 21 staff, is to be acquired by Dowgate Capital for £4.6m.
Lycetts is to acquire Hamilton & Partners, the Newmarket-based bloodstock insurance broker, increasing its workforce from 125 to 161.
Statpro is to acquire FRI, the Canadian investment management company, for £25m.
Vantis has acquired the non-audit business of Sharles Group of London for up to £2.5m, in order to expand its accounting and tax advisory business.
Fidelity International is to set up a fund management office in Edinburgh next year, and is currently considering two or three potential locations.
Oval Insurance has acquired Wilkinson Rogers, the Huddersfield-based commercial insurance broker with annual premiums of £7m.
Swinton has secured a £70m refinancing package from Lloyds TSB Corporate Markets to fund the expansion of its Manchester-based insurance business and its nationwide network of 442 branches.
GE Money, the loans and credit card company, is in negotiations to set up a 100,000 sq ft office at the Cobalt Business Park in Newcastle-upon-Tyne.
Intrum Justitia, the credit management services firm, has sold its field services division to a management buy-out for undisclosed terms, with the transfer of 22 staff.
Barclays Bank is to relocate four branches and 60 staff from Liverpool city centre to a new £2.5m site at the Grosvenor retail development next spring.
Spectrum Financial Protection is to create 30 jobs at a new call centre in Keighley, and a further 30 jobs will be created in the second phase of the expansion.
Farley Group has acquired Wright Todd Property Services of East Sussex and Kent for £1m, as well as Geoffrey Fitch & Company, the Cirencester-based estate agent, for up to £0.25m.
Vertex is to create 300 new jobs at its call centre in Bolton, having won a contract from the Department of Work & Pensions.
Direct Line has announced plans to expand the 950-strong workforce at its insurance operation in Glasgow with 160 new jobs over the next 12 months.
Clydesdale Bank is to relocate its home loans centre and 146 jobs from central Glasgow to Clydebank, while 77 accounts jobs will relocate from Aberdeen to Clydebank.
Nationwide is to acquire the Bournemouth-based Portman Building Society in a £1.2bn merger, creating a combined group with 827 branches.
Teesland has acquired Partnership Incorporations, the operator of collective property investment schemes, for £2m.
Cabot Financial is to set up a new 43,000 sq ft office at the Kings Hill business park in Kent in mid-2007.
Sumus has acquired Financial Services Advice & Support, the Dunfermline-based independent financial advice network, for an initial £0.9m.
Hat Pin has acquired Alexander Mann Financial Markets, the financial services executive search company with 42 staff in London and Hong Kong, for £7m.
Reed Smith, the law firm, is setting up a new 20,000 sq ft office at the Blythe Valley Business Park in Birmingham to house its 50-strong Midlands team.
Erinaceous has acquired Keelan Westall, the Hampshire-based property insurance broker, for about £19m.
Liverpool Victoria has acquired ABC Insurance Solutions of Croydon for undisclosed terms, and is also looking to invest £150m in the expansion of its general insurance business with the creation of 500 jobs.
City Invoice Finance, the Manchester-based finance company with 45 staff, has been acquired by Venture Finance, the Sussex-based division of ABN Amro, for undisclosed terms.
Armstrong Watson is to merge with Manson & Partners, the Dumfries-based firm of chartered accountants with 35 staff.
RAB Capital is to acquire Northwest Investment Management, the London-based hedge fund manager, for up to £20m.
Resolution is planning to create 200 new jobs in Glasgow following the recent acquisition of Abbey's life funds business.
Esure is looking to double the size of its insurance operations in Manchester over the next five years, with the creation of hundreds of jobs.
Barclays Bank is seeking a suitable site in Dorset to relocate 2,500 staff from its existing 300,000 sq ft office in Poole.
Barclays Bank is said to be looking into the possibility of setting up an 85,000 sq ft office in Glasgow, which could lead to the relocation of hundreds of jobs from England.
Swansure Group has acquired Adminicle, the Cirencester-based insurance services outsourcing company with 25 staff, for undisclosed terms.
HBOS is to set up a 47,000 sq ft office at the Forty Springardens building in Manchester next April.
American Express is considering plans for a new office of up to 100,000 sq ft at Telecom House in Brighton, in order to relocate staff while its Edward Street site is being refurbished.
Alexander Forbes is to sell its London-based international insurance broking business to Lockton of the US for £68m.
Axa Insurance is to set up two offices of 41,000 sq ft and 29,000 sq ft at the Middlebrook business park in Bolton, and 450 staff will relocate from the town centre next spring.
Tenon has sold its accountancy operations in the South West to a management buy-out operating under the name of The Old Mill Group.
Swinton has acquired the Budget Group's high street insurance intermediary business, taking its nationwide branch network to 442.
Camellia is planning to acquire Hill Martin, the financial planning company, for an initial £4.2m, in order to expand its Duncan Lawrie subsidiary.
General Capital Group, the financial services company with offices in London, Ipswich and Lowestoft, is to undergo a £13m reverse takeover by cash shell Clan Homes.
Edeus is planning to create 250 jobs at its Wolverhampton-based mortgage lending business over the next five years.
Fortis Bank is to relocate its London headquarters to a 156,000 sq ft office at Aldermanbury Square.
Royal Bank of Scotland is to relocate its Rotherham-based Lombard asset finance business to a 70,000 sq ft office at the Think Cyan development in the Dearne Valley.
Wake Smith has merged with Benson Clegg Solicitors, creating a combined Sheffield-based legal firm with more than 180 staff.
Moneyquest is to create a further 150 jobs at its new financial services centre in Glasgow.
Mitchell Charlesworth has merged with Tollit & Stockton of Chester to create a combined accountancy business with more than 130 staff.
Lloyds TSB Insurance has acquired the general insurance business of Pearl Group, including gross assets of almost £60m.
City Index is to acquire IFX, the financial spread betting company, for £58m.
Accuma is to expand its personal debt advice business with the acquisition of Byrom & Keeley Financial Services for £5.8m and Loan Line for £10m.
Misys is to sell Apollo, its French asset management business, to Atos Euronext Market Solutions for £1.6m.
Yorkshire Bank has agreed terms with Frontier Estates to set up a 7,000 sq ft office at the Temple Point scheme in Birmingham.
Skipton Building Society has acquired a 90% stake in Sterling International Brokers, the London-based provider of money broking services, for £4.7m.
Aviva is to acquire AmerUs Group, the US-based life insurance company, for £1.6bn.
Custom House is to increase the workforce at its Peterborough-based foreign exchange business from 12 to 24.
Leeds Building Society has won approval to merge with Mercantile, the Wallsend-based building society with 12 branches.
One Advice Group, the Sale-based consumer debt company with 212 staff, is planning to raise up to £27m in a share placing, and has also announced the £3m acquisition of Sale-based Abacus Financial Consultants.
Park Group is to sell its unsecured home collected loan portfolio to CL Finance for £8m.
Giles Insurance Brokers, the Glasgow-based insurance company with 17 branches and 300 staff, has undergone a £45m management buy-out backed by private equity firm Gresham.
Abbey National has sold part of its James Hay pensions administration business to a management buy-out for undisclosed terms.
CBG Group has acquired ET Knagg, the general insurance broker with offices in Poulton-le-Fylde and Blackpool, for £1.3m.
Millfield Connect has been bought out of administration by The Money Portal, securing more than 100 jobs at its Hull-based financial advice call centre.
Harris Allday, the Birmingham-based stockbroker, is to be acquired by EFG International of Switzerland for undisclosed terms.
Bear Stearns, the US investment bank, is in negotiations to set up a 200,000 sq ft office at the proposed 5 Churchill Place tower at London's Canary Wharf.
HBOS has expressed an interest in acquiring up to 40 Woolwich branches from Barclays, as part of its £100m expansion programme.
Yes Loans of Cwmbran is looking to expand the workforce at its loans call centre from about 350 to more than 1,000.
Buller Jeffries is to acquire Dawkins & Grey, the Birmingham-based legal firm with six staff.
Swinton is to expand its insurance call centre in Halifax with the creation of 150 jobs.
Brodies is to merge with Bishops Solicitors of Glasgow, creating a combined legal firm with more than 360 staff.
Accuma Group has acquired Thomas Charles & Co, the London-based consumer debt advice company with 19 staff, for an initial £2m.
Jelf Group has acquired Auto Business Solutions, the Chippenham-based asset finance broker with five staff, for undisclosed terms.
Perella Weinberg Partners, the corporate advisory and investment management company, is setting up a 22,000 sq ft European headquarters at 20 Grafton Street, London W1.
ILX Group is to acquire The Corporate Training Group, the London-based financial training company with 16 staff, for an initial £7m.
Bishop Fleming is to relocate its Exeter-based accountancy and 200 staff to the Exeter Business Park early next year.
Homeserve Claims Management is planning to create a further 400 jobs at its call centre in Preston, having just secured planning permission for a new three-storey office block.
Murgitroyd is to acquire Fitzpatricks Group, the Glasgow-based provider of patent and trade mark services, for an initial £1.3m.
Bcwgroup is planning to create 150 new jobs at its credit management business in Glasgow, and is currently negotiating the £30m sale to management of its Rutherglen-based outsourcing operation.
Arthur J Gallagher, the insurance broker, is looking to relocate its London headquarters to a 100,000 sq ft site in the EC3 area, having appointed Drivers Jonas to search for suitable locations.
Man Group is considering plans to relocate the London headquarters of its hedge fund management business to a 292,000 sq ft site on Upper Thames Street.
Barclays is to acquire HomEq Servicing, the US mortgage servicing company, for £256m.
Experian is to acquire Eiger Systems, the Rugby-based provider of bank account validation and payment processing systems with 80 staff.
Charles Taylor Consulting has acquired MGI Loss Adjusters of Canada for up to £2.2m.
Brabners Chaffe Street, the law firm, is to relocate 200 staff from two sites in Liverpool to a 41,000 sq ft office at the Exchange Flags complex in July 2007.
Abbey is to expand its premium banking call centre in Belfast, with the creation of 180 jobs by the end of the year.
Capita Group is to acquire Sinclair Henderson, the Exeter-based investment fund administration business with 90 staff, from Iimia Investment Group for an initial £10m.
Debtmatters is to acquire Loanmakers, the Bolton-based secured loans broker, for an initial £10m.
Oxford Property Consultants has agreed to sell its fund management business to CBRE Investors for an estimated £4m.
Barclays Private Equity is set to acquire Blemain Group, the loans company, for about £350m.
Thomson Financial of the US is considering plans to relocate its London headquarters from Aldgate High Street to a 170,000 sq ft office at Moor Lane, EC2.
KPMG, the accountancy firm, is to relocate its Birmingham operation to a 130,000 sq ft office at Ballymore's Snow Hill scheme in 2009.
Begbies Traynor has acquired Wilson Pitts, the Leeds-based corporate and personal insolvency firm with 17 staff, for an initial £1.1m.
Axa is to acquire Winterthur, the Swiss insurance company with an office in Basingstoke, from Credit Suisse for £5.4bn.
West Bromwich Building Society has unveiled plans to double its membership and create 500 jobs over the next ten years, which could involve relocating from its current headquarters in West Bromwich.
Goy Harris Cartwright has acquired Berkeley Fund Managers of Coventry for undisclosed terms, with the transfer of nine staff.
Barclays is considering plans to open more high street bank branches in prime locations, cut the number of UK processing centres and transfer more work offshore.
Shaheen Business & Investment Group of Jordan is to transfer its headquarters to London later this year, with the creation of up to 200 jobs, and there will be a 25,000 sq ft office at Hammersmith and an 8,000 sq ft office at Berkeley Square.
Arden Partners is planning to raise £12m in a flotation on Aim to fund the expansion of its stockbroking business.
Resolution is to acquire the closed life funds of Abbey for £3.6bn, but its Albert Dock site in Liverpool will close with the loss of 120 jobs.
The National Audit Office is to set up a second office in Newcastle-upon-Tyne in September, with the creation of an initial 35 jobs.
Invocas has acquired Wilson & Co, the Edinburgh-based insolvency practice, for £0.1m.
Principality Building Society has raised £120m in a subordinated debt issue to fund the expansion of its residential, commercial and secured lending operations.
Co-operative Bank is to set up 12 new corporate banking centres over the next three years, with the first opening in Liverpool next month.
Friends Provident is to set up an office in Singapore later this year, in order to expand its life and pensions products into Thailand, Indonesia and Malaysia.
Yorkshire Building Society is to acquire Abbey National's Sharesave business for undisclosed terms.
Moneysupermarket.com is to recruit 20 new graduates at its Chester-based financial services business, in addition to the previously-announced 100 IT staff.
Evolution Group is to acquire Williams de Broe, the investment bank with 250 staff, from ING Group for £15m.
Broker Network Holdings is to acquire the general insurance business of Towry Law for £12m, creating a new subsidiary with offices in Birmingham, Bracknell, Glasgow, Leeds, Leominster and London.
Jelf Group has acquired Cherwell Insurance Management, the Oxfordshire-based general insurance broker with 11 staff, for undisclosed terms.
Insure & Go Insurance is to relocate its travel insurance business and 140 jobs from Braintree to its site in Southend.
BMW is to expand its financial services business in the UK by offering credit cards, savings products and insurance, in a series of partnerships with American Express, Newcastle Building Society and Royal Bank of Scotland.
Gartmore, the investment bank, is to be sold by Nationwide Mutual of the US to a management buy-out and Hellman & Friedman for about £500m.
ANZ, the Australian bank, is to relocate its London headquarters to a 40,000 sq ft office at Canary Wharf.
Compass Finance is to create 100 new jobs at its recently-acquired Debt Advisor business in Manchester.
Newcastle Building Society is to acquire Universal, its smaller local rival with 130 staff, and four Universal branches are expected to close.
Alpha Strategic is to acquire Winton Advisors from Winton Capital Management of London for £0.3m.
Homeserve has confirmed plans to develop a £10m household emergencies insurance call centre next to its existing site in Walsall by April 2007, with the creation of 600 jobs.
Dickinson Dees, the law firm with offices in Newcastle and Stockton, is planning to expand its residential property department with the creation of about 30 jobs.
Walter Scott & Partners, the Edinburgh-based fund management company, is to be acquired by Mellon Financial of the US for undisclosed terms.
UNW is planning to double the size of its Newcastle-based chartered accountancy over the next two years, with the creation of 50 jobs.
Abbey is planning to expand its chain of 714 bank branches with between 60 and 100 new sites, and some branches are likely to be relocated.
Compass Finance is to acquire Debt Advisor, the debt advisory firm, for £2m, and is also raising £4m in a share placing to expand its IVAs business.
Farley Group is to acquire CJ Hole Country, the Somerset-based chain of estate agents and surveyors, and the 12 offices will be converted to the Humberts brand.
Experian has acquired Backgroundchecking, the Marlow-based company that checks the background of job candidates, for undisclosed terms.
Jelf Group has acquired Brian D Thomas Insurance Services, the insurance company with 30 staff in Swansea, Cardiff and Bridgend, for undisclosed terms.
Broker Network Holdings has acquired Adam & Gaskell, the commercial insurance broker with offices in Lancaster, Garstang and Carnforth, for undisclosed terms.
Kaupthing of Iceland is planning to expand its investment banking operations in the UK, and services will include corporate finance, research and market-making.
DataCash is to acquire ProcCyber Services, the payment service provider with 233 staff in South Africa and London, for £61m.
Larking Gowen has acquired Manning & Girling, the Ipswich-based accountancy firm with 18 staff.
Shoosmiths is to relocate its Reading-based legal department and 100 staff from Crown Street to Apex Plaza this month.
Telecom Service Centres has acquired Outsourced Credit Management, the Halifax-based debt collection and credit management company with 40 staff, for undisclosed terms.
Land Registry and TNT Express Services have created 40 jobs in Coventry, having agreed a five-year contract that will involve TNT processing information for homes sold in the Midlands.
Begbies Traynor has acquired the Salisbury and Southampton accountancy offices of Middleton Partners for an initial £1m, with the transfer of 16 staff.
Tata Consultancy Services of India is to create up to 1,500 jobs at its Diligenta subsidiary in Peterborough over the next three years, in order to provide administration services for Pearl Group and other life assurance companies.
Activpayroll, the Aberdeen-based payroll services company, is looking to open new offices in Edinburgh and Canada and expand the 70-strong workforce.
Syndicate Asset Management has acquired LAinvest, the Bournemouth-based fund management and financial services company, for £1.4m.
Corum is planning to expand its Glasgow-based chain of six estate agencies with four new outlets over the next two years, and the workforce will rise from 42 to 62.
Debt Free Direct is to set up a new 31,000 sq ft office at the former AMEC site in Adlington, near Chorley, by October, and plans to recruit 150 additional staff over the next 12 months.
Foothold Group is to create 45 new jobs in Carmarthenshire, in order to expand its social enterprise venture and encourage an entrepreneurial culture.
Eversheds, the law firm, is planning to relocate its London headquarters to a new 165,000 sq ft office at One Wood Street by 2008.
HBOS is to relocate 60 jobs in its payment and international services department from Halifax to Glasgow later this year.
Irwin Mitchell is to merge with Alexander Harris of Altrincham to create a combined law firm with 1,860 staff throughout the UK and Spain.
WILink, the online investor relations company, is to be acquired by SV Investment Partners of the US for £26m.
Prudential is to close its former Holborn Bar head office in London, as well as sites in Belfast and Bristol, in order to relocate 700 jobs to India and other parts of the UK.
Reed Managed Services is planning a £10m expansion at its human resources agency in Belfast, with the creation of 200 jobs.
Vantis has acquired the non-audit business of Buckinghamshire-based Rouse & Co for an initial £1.9m.
Co-operative Group is to set up a new Co-operative Legal Services business in Bristol, with the creation of 150 jobs over the next five years.
Nanotech Energy is to acquire Impact Funding UK, the personal loans company, in a £3.2m reverse takeover.
IQ-Ludorum is to acquire First Pay, the online payments company specialising in integrated debit card solutions, for £3m.
Keyworld Investments has bought Goldshore, the provider of employee benefit and reward schemes, out of liquidation, and has also announced plans to relocate to a new office in central Milton Keynes.
Target Group is planning to set up a new office in Cwmbran to provide loan administration services to the consumer lending sector, with the creation of up to 225 jobs over the next five years.
Moneyquest is to relocate its Glasgow-based mortgage, insurance and loans business to St Vincent Street next month, which will lead to the creation of 100 new jobs.
Incisive Media is to acquire CIFT, the London-based provider of financial training services to banks and other financial institutions, for an initial £3m.
Jigsaw Insurance Marketing is setting up an 11,000 sq ft call centre in Bridgend, with the creation of 100 jobs by the end of the year.
Wylie & Bisset has acquired John Gray & Co of Port Glasgow, creating a combined accountancy group with more than 100 staff.
Cabot Financial, the debt purchasing company with more than 300 staff, has been acquired by Nikko Principal Investments for £275m.
Barclays is planning to invest up to £375m in the expansion of its wealth management business over the next three years, including new staff and technology.
Towergate Partnership is to set up a 24,000 sq ft insurance call centre at the Octagon building in Colchester, with the creation of up to 100 jobs.
Hunters, the York-based estate agency, is to set up a new headquarters at the Helmsley Group office development in Heworth Green next year, with the creation of 150 new jobs over the next five years.
Dial is creating 100 new jobs at its call centre in Cwmbran, having secured its future through the recent acquisition by Yes Loans.
Morgan Stanley has announced plans to create 300 new jobs at its credit card division in Glasgow, having secured a £3.2m regional assistance grant from the Scottish Executive.
Mayer Brown Rowe & Maw, the law firm, is to set up an 11,000 sq ft office for its insurance team at St Mary Axe in London, and is still seeking a 150,000 sq ft site for a headquarters.
Barclays is planning to set up a chain of 35 bank branches in Italy by the end of next year, at a cost of about £50m, and is also expanding in Portugal.
Accuma Group is planning to expand the workforce at its Manchester-based consumer debt business from 141 to 300 over the next two years.
KPMG is said to be considering plans to set up a 400,000 sq ft headquarters at Canary Wharf in London in 2009.
Moneysupermarket.com is to create 100 new jobs in IT, web development, programming, marketing, sales and administration at its financial services business in Chester.
Ace Group, the commercial property and casualty insurance group, is considering plans to set up a 44,000 sq ft office at the 200 Broomielaw site in Glasgow, which could house up to 400 staff.
Arbuthnot Banking Group is to raise £4m in a share placing to fund the creation of an offshore private banking operation in Switzerland.
Barclays is to invest £86m in the expansion of its investment banking operations in India.
RB Solutions is planning to create 25 new jobs at its housing benefit and payment processing centre in Ashton under Lyne over the next few months.
Vertex is to set up a call centre for up to 120 staff at the Chester Business Park, having won a £45m mortgage contract from Deutsche Bank, and will also relocate its headquarters and 160 staff from south Manchester to Kings Business Park in Prescot.
Oval Insurance has acquired CWB of Dunton Bassett and Malyon Lestrange of Broxbourne, as part of a strategy to expand its regional insurance broking business.
HM Revenue & Customs is to relocate 42 Exeter-based VAT staff from Exe Bridges to its office in Longbrook Street by October.
Lloyds TSB is to move 200 C&G mortgage advisers into its Lloyds TSB bank branches, as part of a strategy to expand its own-branded mortgages business.
Francis Clark of Exeter is to merge with Whites of Taunton, creating a combined accountancy group with 26 partners and more than 230 staff.
Scottish Widows is looking to expand the 350-strong workforce at its banking operations in Edinburgh by 10% a year.
HM Revenue & Customs is planning to relocate 114 Aberdeen-based staff from Guild Street to Ruby House over the next financial year.
Northern Bank has sold its mortgage, deposit and current account operations in the Isle of Man to the Isle of Man Bank for undisclosed terms.
Portman Building Society has agreed to acquire the Lambeth Building Society, which has 130 staff at nine southern branches.
Berkeley Berry Birch has sold Berkeley Independent Advisers and Berry Birch Noble Financial Planning to Tenet Group of Leeds for up to £2.3m.
HSBC is to invest £400m in the expansion of its network of 1,528 bank branches this year, including 50 new sites and 200 refurbishments.
BNP Paribas of France is looking to expand its UK banking operations and increase the workforce at its London office by 40%.
Alliance & Leicester Commercial Bank is opening a new business centre at The Plaza in Liverpool, and plans to open further centres in 2006.
Duncan & Toplis, the legal practice, is to relocate its Lincoln office and about 12 staff to a new 10,000 sq ft site in Doddington Road later this year.
The Home Office is to set up a 120,00 sq ft office at the Riverside Exchange in Sheffield.
American Express is said to be planning to set up a 131,000 sq ft office at Belgrave House, London SW1.
CBG Group has acquired Spencer Lavery Associates, the insurance broker, for £0.6m, and will relocate the business to its Manchester office.
Barclays is to create 100 new jobs at its Firstplus secured loans call centre in Cardiff over the next few months, and is seeking a suitable site for a new headquarters to house up to 550 staff.
Facilitators UK has acquired Quality Management Scotland, the Perth-based business support consultancy, for undisclosed terms.
HBOS is to invest £100m opening 100 new bank branches over the next five years, with the creation of up to 1,500 jobs.
CBG Group has acquired Swinburne James, the insurance broker with offices in Manchester, Liverpool and Burnley, for up to £1.2m.
Picture Financial is to invest £2m in the expansion of its debt consolidation business in Newport this year, with the creation of 120 jobs.
Lloyds TSB has sold its banking operations in Paraguay to HSBC for £8.6m, which will involve the transfer of 200 staff at six branches.
Aon, the insurance broker, is considering plans to relocate its London headquarters from Devonshire Square to a 255,000 sq ft office in Canary Wharf.
Jelf Group has acquired Goss Group, the insurance broker with 170 staff in Reading, Guildford, Cheltenham, Newton Abbot and Taunton, for an initial £6.3m.
Schroders is to acquire NewFinance Capital, the London-based hedge funds company, for £58m.
The Student Loans Company is to create 40 new jobs at its call centre and loan processing operation in Darlington.
Interregnum has acquired Quayside Corporate Services, the business restructuring specialist, and has also announced a £10m share placing.
P&MM has acquired The Voucher Shop, the operator of employee flexible benefit and incentive programmes, from the administrators of FHSC.
Merrill Lynch and BlackRock are expected to announce plans to expand their joint fund management operations in London and Edinburgh later this year.
Zeus Capital has acquired Catalyst Securities, the Manchester-based provider of bridging loans, for £25m.
HSBC is to expand its fund management operations in Edinburgh, with the creation of 247 jobs.
Rensburg Sheppards is to create up to 70 jobs at its investment management office in Liverpool, having decided to transfer its central administration from London.
Farley is to acquire Burrough & Company, the estate agents with offices in Hungerford and Newbury, and the business will be rebranded as Humberts.
West Bromwich Building Society is to create 100 new mortgage processing jobs in the West Midlands over the next 12 months.
Moorhouse has acquired Shakespeare Underwriting & Commercial, the house and motor insurance company with offices in Caerphilly and Romford, out of administration for undisclosed terms.
Travellers Protection Services, the Norwich-based travel insurance company with 90 staff, has been acquired by Bermuda-based Primary Group for undisclosed terms.
Dial, the Cwmbran-based call centre with about 200 staff, is expected to be acquired by Yes Loans.
Gurr Johns is to acquire Tyler & Co, the French fine art loss adjuster, for less than £2m.
Key Retirement Solutions is to create 40 new mortgage advice jobs at its financial services business in Preston over the next six months.
Langdowns DFK is to merge with CW Fellowes to create a combined Hampshire-based accountancy group with 100 staff called Langdowns Fellowes DFK.
Mattioli Woods has acquired Suffolk Life Trustee Company from Suffolk Life for an initial £0.7m, in order to expand its pensions consultancy.
Morgan Stanley is said to be planning to create 200 extra jobs at its finance administration and operations centre in Glasgow.
Hunters is planning to franchise its York-based estate agency chain into a nationwide business, which could create up to 200 sales and support jobs in York over the next five years.
Pinsent Masons, the law firm, is to relocate its London headquarters to a 41,000 sq ft office at CityPoint on Ropemaker Street, EC2.
HBOS, the bank, is in negotiations to set up a 47,000 sq ft office at Forty Springardens in Manchester.
JP Morgan, the US-based finance company, has shortlisted three contractors to build a £45m data centre in Basingstoke.
Berkeley Berry Birch has sold the current client bank of its Private Insurance Portfolio division to a management buy-out for £0.3m.
Innovation Group is to acquire Servicekonzept, the German supplier of damage assessment services to the household insurance industry, for £9.6m.
International Asset Management of London is to be acquired by the asset management division of ABN Amro for undisclosed terms.
Legal & General is looking into the possibility of relocating 2,000 staff to a new building in Cardiff, as the lease on its two existing sites have break clauses in 2008 and 2010.
Connexions Cornwall & Devon is creating 70 new jobs, having won a £12m government contract to pilot two schemes to reduce the number of unemployed young people.
Tilney is to acquire Clydesdale Bank's £300m discretionary investment management business for undisclosed terms, which could involve the transfer of up to 40 Glasgow-based staff.
WH Ireland is to acquire the Leeds-based institutional stockbroking business of TD Waterhouse, including a team of eleven that specialises in the leisure, retail, support services and transport sectors.
Robert Muckle, the law firm, is planning to relocate about 120 staff to a new 44,000 sq ft office being built on Gallowgate in Newcastle-upon-Tyne in early 2008.
McClure Naismith, the law firm, is planning to relocate both its Edinburgh and London offices over the next few months.
Rathbone Brothers is to acquire the UK-based private banking business of Dexia for up to £14m, and the deal includes Ely Fund Managers.
Blue Motor Finance is planning to expand its Warrington-based motor finance business with the creation of up to 150 jobs over the next four years.
State Bank of India is to open a branch in Manchester in the first quarter of this year, its first UK site outside London.
Debt Free Direct is looking to expand the 209-strong workforce at its Chorley-based debt management business, with a number of sales and customer service vacancies at its contact centre.
HBOS is planning to set up a network of 46 bank branches in Ireland over the next 14 months, mainly by overhauling sites recently acquired from the Irish Electricity Supply Board.
Sage has acquired Verus Financial Management, the US credit card and cheque processing company, for £184m.
Dipford Group has acquired Bruce & Co, the Scottish business broker, for up to £3.6m.
Hughes & Company, the insurance broker, is planning to open three additional offices in Northern Ireland over the next six months.