JP Morgan moves to the front in UK FIG race

Sole advisory role on the £2.2bn sale of Standard Life’s Canadian business sees the US bank leapfrog rivals in the domestic rankings for FIG M&A

A sole advisory role on the £2.2 billion sale of Standard Life’s Canadian business has seen JP Morgan’s new-look UK FIG team jump to the top of the mergers and acquisitions league tables.

Standard Life agreed last night to sell its Canadian business to Manulife; including its long-term savings and retirement, individual and group insurance, and investment management businesses. The deal is expected to result in a bumper pay day for Standard Life's shareholders, who will share £1.75 billion of the proceeds.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump