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Stifel to acquire London-based Oriel Securities

London

Stifel Financial has announced that it is acquiring Oriel Securities, the London-based stockbroking and investment banking firm, to build out the Company’s international platform across all of its institutional businesses.

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Standard Chartered Shanghai Towers

Standard Chartered hit by double whammy

As fears grow over the stability of the European banking system, Standard Chartered is being hit by a double whammy in credit markets with investors increasingly worried about the lender’s business in Asia, where it earns most of its revenue.