Royal Bank of Canada to acquire Brewin Dolphin Holdings for $1.95bn.

Royal Bank of Canada, a multinational financial services company, agreed to acquire Brewin Dolphin Holdings, a provider of wealth management services, for $1.95bn. "This is a transformative acquisition for RBC Wealth Management and cements RBC's position as a market leader across multiple business platforms in the UK, the Channel Islands and Europe. We look forward to welcoming Brewin Dolphin's employees and clients and working together to leverage RBC's global reach and significant capabilities to create new opportunities for the combined business to grow," David Thomas, RBC Capital Markets CEO.