Seymour Pierce Ltd | Daily mail online
Seymour Pierce Ltd
ON 17 November 2010 we said Seymour Pierce Ltd had entered into discussions with rival firms about possible merger talks following concerns about its capital position.
We now accept that the investment bank has at all times maintained a regulatory capital position well in excess of its minimum requirement and has not engaged in discussions with competing companies to merge or seek a partner.
We apologize and are happy to correct the situation.