Advisers Behind the Deal
Slaughter and May is serving as legal adviser to NatWest. The team, working alongside the bank’s mergers and acquisitions legal unit, was led by Emma Rees, assisted by David Cole and Angus Davidson.
Linklaters LLP is advising Permira and Warburg Pincus. Macfarlanes LLP is acting as legal counsel to the Evelyn Partners group. Financial advisers to Evelyn Partners are Evercore Partners International LLP and Goldman Sachs International.
As consolidation sweeps through the financial sector like a rising tide, NatWest’s move underscores a broader race among banks to capture fee-based revenue streams. If approved, the deal will fuse a centuries-old wealth manager with one of Britain’s largest banking groups — a union poised to redraw the contours of U.K. private finance.
