Catlin is to acquire Wellington Underwriting, the London-based insurance company, for £591m. The deal will create the biggest insurer on the Lloyd's of London market.Catlin, which moved to Bermuda in... [more]

Premium Credit, the specialist finance provider owned by the Bank of America, is up for sale for around £300m. Bank of America acquired Premium Credit in 2005 as part of its $35bn takeover of credit c... [more]

Footman James, the specialist car insurer, has been put up for sale by Alchemy Partners, its private equity owners. Alchemy have hired Deliotte to manage the sale, and interest is expected from both p... [more]

Wilmington Group has acquired Mercia Group, the Leicester-based accountancy training company with 70 staff, for up to £11.5m. Wilmington has acquired 87 per cent of Mercia through its Central Law Trai... [more]

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. The buyout was s... [more]

Global Trader, the UK-listed online spread betting company, may be put up for sale after receiving several approaches from potential buyers.... [more]

Morgan Stanley, the US investment bank, has put its UK investment management business, Quilter, on the market with an asking price of £210m.... [more]

Standard Chartered, the UK and HKSE-listed bank, is conducting a strategic review with a view to selling its Indian asset management business. ... [more]

Seymour Pierce Ellis, the Crawley-based private client agency stockbroker with 21 staff, is to be acquired by Dowgate Capital for £4.6m. Neil Ivor Badger, a director of Seymour Pierce Ellis, will join... [more]