Brooks Macdonald (BRK) acquisition of Lloyds Bank International’s offshore wealth management & funds business

This video can be seen at: https://www.piworld.co.uk/2020/06/24/brooks-macdonald-brk-acquisition-of-lloyds-bank-internationals-offshore-wealth-management-funds/

 

Brooks Macdonald’s announcement of their acquisition of Lloyds Bank International’s offshore wealth management and funds business.
Presentation by CEO Caroline Connellan, Finance Director Ben Thorpe & CEO International & Group Deputy CEO Andrew Shepherd.

Caroline Connellan, CEO

Introduction – 00:17
Highlights of the Acquisition – 02:00
The strategy - 02:43

Andrew Shepherd, CEO International

Progress of the International Division - 04:00
About the Acquisition - 05:05
The quality of the business - 05:53
The fit - 07:48

Ben Thorpe, FD

Key transaction terms – 09:45
Financial benefits - 11:28

Caroline Connellan, CEO

Conclusion - 12:38

Q&A – 14:04