Business: Paterson Gives Arden the Elba

Summary


John Paterson, the driving force behind the formation of Arden Partners two years ago, has left the Birmingham stockbroker to join Elba Investments, a private investment vehicle set up by Terry Gateley.

And Bill Melly, who headed the Birmingham office of the broker Williams de Broe, is joining Arden. The moves continue a flurry of changes in the city's broking world which has kept tongues wagging.

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Extract


Business: Paterson Gives Arden the Elba

Mr Gateley, a nonexecutive director of IMI and former head of UK regions at KPMG, is also on the advisory boa...

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