Executive stages City comeback by linking up with Qatari investment bank to acquire venerable (respected because of age, distinguished) stockbrokerBob Diamond,the former chief executive of Barclays, is staging a City comeback after agreeing to buy one of London’s oldest stockbroking firms.
Diamond’s buyout vehicle, and Atlas Merchant Capital,has teamed up with QInvest, the Qatari investment bank. to acquire Panmure Gordon.
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Source: theguardian.com