Investment Banking

Panmure Gordon and Liberum set to merge as broker consolidation picks up pace

Consolidation in the broking sector continues as UK capital markets have stalled

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Photo: Harry Murphy/Getty Images

Panmure Gordon and Liberum are set to announce a landmark merger between two of the City's longest-standing brokers, according to reports.

The combined firm, set to be branded Panmure Liberum, will be run by former Barclays executive Rich Ricci, Sky News reports.

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