Seymour Pierce Ltd | Daily mail online

Seymour Pierce Ltd

ON November 17, 2010, we said that Seymour Pierce Ltd was in talks with rival companies about potential merger talks over concerns about its capital position.

We now accept that the investment bank has at all times maintained a statutory capital position well above the minimum requirement and has not entered into discussions with rival companies about a merger or partner search.

Our apologies and we are happy to set the record straight.