Shares in Standard Life Aberdeen dive after Lloyds announces withdrawal of assets. Lloyds will pull out £109 billion held on behalf of Scottish Widows, the pension business it owns. Lloyds was the firm’s biggest single client, and its £109 billion stake represents around 17% of Standard Life Aberdeen’s assets under […]

Bank of England published the results of its annual stress test of the UK financial system later on Tuesday. The test is designed to ensure that banks are in possession of right tools – such as sufficient liquidity and relatively strong capital positions – to weather an economic storm. It […]

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