News Desk — February 15, 2018 at 8:58 am — Updated: February 15, 2018 at 8:58 am

Lloyds axes 100 billion pound Standard Life Aberdeen contract


LONDON (Reuters) – Lloyds Banking Group and Scottish Widows have axed a 100 billion pound asset management mandate with Standard Life Aberdeen , citing competition issues triggered since the fund managers merged last year, the bank said on Thursday.

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