Regional broker Thomas Carroll has acquired the operations of Cardiff-based broker Bland Bankart.

Bankart's staff are due to move into Thomas Carroll's office in Caerphilly. Thomas Carroll hope the deal will enable it to reach a target of double income by 2005.

Thomas Carroll managing director, John Moore said: "I am confident that the clients will benefit from our leading Welsh position and our new staff from joining an organisation so committed to investment in training and development."

Bland Bankart chairman and chief executive said, "Thomas Carroll has an excellent reputation and their agreement to take on all our staff was a deciding factor, providing the best all round solution."

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