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Financial Services - 2016
Electra Partners is to sell Elian, the Jersey-based provider of offshore trust and corporate services with 600 staff, to Intertrust Group for £435m.
Begbies Traynor has acquired Pugh Auction Group, the Cheshire-based commercial property auctioneer with 25 staff, for an initial £2m.
OneFamily is looking to expand the 500-strong workforce at its Brighton-based financial services mutual with 30 new jobs over the next few months.
Linder Myers, the Manchester-based law firm with about 200 staff, has been sold in a pre-pack administration to a new company called Metamorph Law.
Principal Insurance is to relocate its motor insurance broking business from Kendal to Lancaster, with the creation of up to 20 jobs.
Phoenix Group Holdings is to acquire AXA Wealth's pensions and protection businesses for £375m, with the transfer of 150 SunLife staff in Bristol.
Asset International is to acquire the investment and insurance research business of FactSet Research Systems, including London-based Matrix Solutions.
Browne Jacobson is planning to relocate its law office in Manchester to a larger site, in order to expand the workforce to about 100 over the next ten years.
Altium, the investment banking firm with offices in Manchester and London, is to merge with GCA Savvian Corporation of Japan in a £250m deal.
White & Case is seeking a suitable site of about 25,000 sq ft for a new regional law office in Bristol, Leeds, Liverpool, Manchester or Nottingham.
Bradford & Bingley is to sell its mortgage servicing operations, with 1,700 staff based in West Yorkshire and Sunderland, to Computershare of Australia.
Standard Life is to acquire Axa's UK portfolio services division Elevate for undisclosed terms, to create a combined advisory platform business.
BlackRock is to sell its defined contribution platform and administration business with about 150 staff based in London and Peterborough to Aegon UK.
Grant Thornton is to relocate its accountancy business in Sheffield and 120 staff to a 14,000 sq ft office at the former NUM building next year.
Provident Financial has submitted plans to expand the head office of its Bradford-based loans business, with the creation of an unspecified number of jobs.
Fairstone Group is to create up to 20 jobs at its Boldon-based financial planning business, having secured a £25m investment from Synova Capital.
Lonmar Global Risks, the London-based Lloyd's insurance broking firm, is to undergo a management buy-out with backing from Global Risk Partners.
First Mortgage is looking to expand its Edinburgh-based chain of ten mortgage broking stores across England, starting in Manchester and Leeds.
Twentyfour Asset Management is to set up a 9,600 sq ft office for its asset management business at the Monument Building in the City of London.
Accel has acquired a 9,000 sq ft office at One New Burlington Place in London for the new European headquarters of its venture capital business.
Eversheds is seeking a suitable site in Nottingham for the relocation of its 35,500 sq ft law office from 1 Royal Standard Place by December.
International Currency Exchange, the London-based foreign exchange firm, has been sold by Lenlyn Holdings to HNA Tourism of China for undisclosed terms.
Leeds Building Society is to relocate its business in the North East from Silverlink to a 20,000 sq ft office at Cobalt Park in North Tyneside.
Simply Business, the London-based online insurance firm, has been sold by AnaCap to Aquiline Capital Partners of the US for £120m.
Perkz is to relocate its employee benefits business to a new head office in Leeds, having been acquired by International Benefits Holdings.
Handepay is to expand the 100-strong workforce at its Haydock-based card payment processing business with 53 new jobs by the end of the year.
Scott-Moncrieff is to merge with Edinburgh-based Ogilvie & Company, to create a combined accountancy business with more than 180 staff.
Great Annual Savings Group is planning to expand the 110-strong workforce at its Seaham-based cost management business to 150 by the middle of this year.
Exchange Utility is to relocate its Bury-based utility savings advice business and 160 staff to Athenaeum House this April, with the creation of 250 jobs.
Tavistock Investments has acquired Abacus Associates Financial Services, the Hereford-based IFA with about 45 self-employed advisers, for more than £5m.
AWB Charlesworth Solicitors has merged with Worger Howcroft Solicitors, to create a combined Yorkshire-based law firm with 60 staff and four offices.
PwC is to relocate its Birmingham-based professional services office and 1,400 staff to a 90,000 sq ft unit at the Paradise development in 2019.
Kreston Reeves is to merge with Spofforths to create a combined accountancy group with 450 staff at ten offices across the South East.
Beprotectedinsurance is planning to expand the 31-strong workforce at its Leeds-based online insurance business with 100 new jobs over the next year.
Pinsent Masons has confirmed plans to relocate its Birmingham-based law firm to a new 40,000 sq ft office at 55 Colmore Row in 2017.
Rothera Dowson is to merge with Sharp Young & Pearce, to create a combined Nottingham-based law firm called Rothera Sharp with 20 partners.
KPMG is considering plans to relocate its accountancy office in Nottingham and over 200 staff to a new site in the city centre next year.
Thomas Westcott is to merge with Parkhurst Hill, to create a combined Plymouth-based accountancy business with 220 staff and 28 partners.
Edward Hands & Lewis is looking to open up to 50 offices and expand the 150-strong workforce at its Leicester-based law firm to up to 380 by 2020.
Plum Underwriting has acquired Synergy Insurance Services, the London-based insurance firm, from Randall & Quilter Investment Holdings for undisclosed terms.
Shakespeare Martineau is looking to double the size of its Birmingham-based law firm over the next five years, and expand to Leeds and South Yorkshire.
Citation is to double the workforce at its Cheshire-based HR solutions business to 400 by next year, having been acquired by Hg Capital for £185m.
Children's Family Trust has set up a charity headquarters at Stoke Prior in Worcestershire, and plans to open a new office in the West Midlands by 2020.
Moneysupermarket is seeking an office of up to 30,000 sq ft in Manchester for the expansion of its online price comparison business.
Mattioli Woods is planning to expand the 500-strong workforce at its Leicestershire-based wealth management business to up to 800 over the next two years.
Domestic & General is planning to expand the 800-strong workforce at its insurance contact centre in Nottingham with more than 150 new jobs.
Old Mutual is to sell Rogge Global Partners, the London-based asset management firm, to Allianz Global Investors for undisclosed terms.
Institute of Directors is to relocate its member organisation in Edinburgh to a 3,000 sq ft office at 10 Charlotte Square this spring.
RSM has acquired Right Hand HR, the HR consultancy with 26 staff and offices in Chester, Exeter, London and Newcastle, for undisclosed terms.
Davidson Chalmers is to expand its Edinburgh-based law firm with a new office at the Galashiels Interchange in the Scottish Borders.
Proactis Holdings has acquired Due North, the Cramlington-based sourcing and contract solutions firm, from Access Intelligence for £4.5m.
Knights Professional Services is to expand its Staffordshire-based law firm with 100 jobs this year, including 50 in Oxford, having acquired Darbys Solicitors.
Wilsons Auctions has acquired a seven-acre site in Maidstone and the former SMA Remarketing centre in Newcastle for the expansion of its auctions business.
Quadrature Capital is to relocate its London-based investment management business to an 11,000 sq ft office at the Leadenhall Building.
Optionis has acquired ARC Licensed Trade Consultancy, the Carlisle-based pub accountancy firm, for undisclosed terms with backing from MML Capital Partners.
Barclays is to expand the 1,000-strong workforce at its contact centre on Wavertree Technology Park in Liverpool with 300 new jobs.
Moorhouse Group is to expand the 105-strong workforce at its Caerphilly-based insurance business with 89 new jobs over the next two years.
Curtis Banks Group is to acquire Suffolk Life Group, the Ipswich-based pensions firm with 239 staff, from Legal & General Group for £45m.
Umbrella is looking to expand the 70-strong workforce at its accountancy offices in Wilmslow and London with about 20 new jobs over the next year.
Gigaclear has secured an investment of £18m from European Investment Bank for the expansion of its rural broadband business across the country.
CFB Risk Management is to create an unspecified number of jobs in the expansion of its Hartlepool-based community interest services business.
Totemic Holdings is to expand the 1,140-strong workforce at its Grantham-based financial services business with an unspecified number of new jobs.
Appleby Fiduciary Business has undergone a management buy-out from the Appleby Group, with backing from private equity firm Bridgepoint.
Stripe Payments UK is to double the workforce at its London-based online payments business to more than 40 and relocate to a new office at The Bower.
Capita has acquired the online payment businesses of Hertfordshire-based PayPoint, including PayPoint.net and Metacharge, for £14m.
Rathbone Brothers is to set up a 75,000 sq ft office at 8 Finsbury Circus in the City of London for its investment management business.
Direct Line Group has acquired DLG Legal Services, the Leeds-based law firm, from joint venture partner Parabis Law for a nominal sum.
Hastings Direct is planning to expand the 340-strong workforce at its insurance business in Leicester to 600 this year, and hopes to reach 1,000 in the future.
Ryan Direct Group is to acquire Midas Underwriting, the insurance firm with offices in County Down and Essex, for undisclosed terms.
Belfast City Council is considering plans for an 80,000 sq ft extension of the former First Trust Bank building at Queen's Square for Stargime of France.