Standard Bank Group, an African banking group, and Oriel Securities, a UK independent corporate and institutional stockbroking and advisory firm, will work together to assist mining and oil and gas companies looking across corporate finance opportunities and transactions in the UK.
This extends the number of alliances Oriel has with other leading institutions to three. The others are with Scotiabank in Canada and HSBC in the UK.
Ian Carton, global head of cash equity at Standard Bank, said: “Oriel Securities expertise in equities, corporate finance and investment banking activities in the UK makes them a perfect partner for Standard Bank and its emerging market reach. The combined equity platforms and investment banking capabilities will extend the range of services that the two organisations can provide to their clients both geographically and from a product perspective.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.