Deals
Bob Diamond Mounts Latest Comeback From U.K.’s Minor Leagues
- Ex-Barclays chief’s firm to take control of Panmure Gordon
- 141-year-old broker specializes in share sales on AIM exchange
Bob Diamond Returns to U.K. in Panmure Gordon Deal
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Bob Diamond, a financial heavy hitter when he ran Barclays Plc, is coming back to the City of London. His latest venture plays in the minor leagues.
Diamond’s investment firm is set to take control of Panmure Gordon & Co., a stockbroker that focuses on the AIM market, where the brokers do much of the regulating and many of Britain’s riskiest listed companies trade.