Structured product provider NDFA is withdrawing from the race for Keydata Investment Services (KIS),...
Structured product provider NDFA is withdrawing from the race for Keydata Investment Services (KIS), which went into administration earlier this week. NDFA was one of around 30 groups believed to be interested in KIS but it has now pulled out of the process to concentrate on organic growth at the present time. NDFA managing director, Paul Bispham, says: "We approached administrators PwC earlier this week to express our interest in Keydata Investment Services and were provided with various documents and information. "We have given this opportunity careful consideration, but having re...
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