Standard Life edges closer to Dublin decision

Shareholders told city is most likely location for post-Brexit EU base

17th May, 2017
More British-based finance firms close in on Brexit decisions. Pic: Getty

The chairman of British asset manager Standard Life told shareholders yesterday that Dublin is the most likely location for its EU subsidiary after Brexit.

Gerry Grimstone said the company, which has announced plans for an £11 billion merger with Aberdeen Asset Management, was working through regulatory issues it would face after Brexit.

But it is unlikely the move would mean many additional jobs, with Grimstone telling the meeting that “only a handful” of Standard Life...

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