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
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.