Fast growing Chartered Financial Planning firm Progeny has appointed a new UK managing director as it plots international growth.

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Nexus Independent Financial Advisors Limited and Nexus Investment Managers Limited have been sold for a total of £500,000 following restrictions placed on the firm’s activities by the FCA.

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Fast growing wealth manager and Financial Planner Perspective Group has acquired three financial advice firms, adding a total of £515m in Assets Under Management.

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Swiss bank and wealth manager UBS is to acquire its troubled rival Credit Suisse in an “emergency rescue” deal worth £2.5bn.

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Chartered Financial Planner and wealth manager Progeny is to acquire three-office East Anglian Chartered Financial Planning firm Gibbs Denley.

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Expanding wealth manager and Financial Planner Craven Street Wealth has acquired London-based Chartered Bernard Barrett Associates.

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NatWest is to acquire a majority shareholding in Cushon, the workplace savings and pensions fintech, for £144m.

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Pensions and employee benefits firm Broadstone is to acquire York-based consulting actuaries H&C.

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Wealth manager and Financial Planner Evelyn Partners has acquired Leathers LLP, a firm of Chartered Accountants and tax specialists with offices in Newcastle and Harrogate.

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Financial Planning-focused consolidator Radiant Financial Group has continued its recent expansion spree with a deal to boost its presence in the North by acquiring Doncaster-based Ethos Financial Solutions.

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