It was perhaps obvious that news of the recommended merger between Aberdeen Asset Management and Standard Life would spark a wave of anxiety about more job losses.
The combined entity will boast 9,000 staff, and I am sure there will be growing concern about the inevitable cull. But what does this proposed deal say about the future of asset management? The first...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday