Scots Stocks: Gloom Deepens in Financial Sector

Summary


STANDARD Life suffered a second straight fall after Morgan Stanley downgraded its shares from "outperform" to "underperform", as part of a wider assessment of the UK insurance sector. Shares fell 13p to 255p.

Aberdeen Asset Management fell 5 per cent to 95p on rumours that it is close to securing a deal to buy part of the asset management business of Credit Suisse.

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Extract


Scots Stocks: Gloom Deepens in Financial Sector

Quayle Munro, the boutique investment bank based in Edin...

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