Aberdeen Asset Management today said assets under management will rise by nearly Swfr63 billion (£35 billion) when it completes the £298 million purchase of Credit Suisse's asset management business.
Aberdeen will issue 207.5 million new shares to Credit Suisse in return for the funds in the UK, France, Germany, Switzerland, the US and Japan.
Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny
“The board of British Airways, with fees of £50,000 a year for a part-time director attending seven meetings and all those unlimited first class flights for them and the family, has been one of the most eye-catching City gravy trains. But that train is about to get a lot shorter
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