Lloyds Banking Group has announced it is to withdraw £109bn of assets currently managed by Standard Life Aberdeen for Scottish Widows as it is a "material competitor" following the Standard Life Aberdeen merger.
In a stock exchange announcement, Lloyds said it had been reviewing its Scottish Widows Wealth business including the legacy assets run by Aberdeen entities and, as a result, it had given Standard Life...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created