THE DAILY BRIEFING
STEPPING UP Two rising stars have been appointed to run the £336bn stock and bond business of new investment giant Standard Life Aberdeen.
Devan Kaloo, 44, will oversee £152bn of funds as global equity head at the business, which is being formed through an £11bn merger of rivals Standard Life and Aberdeen Asset Management. Craig MacDonald, 48, will be in charge of the £184bn fixed income unit. NEW ROLE Small lender Metro Bank has appointed Monique Melis as a non-executive director. She will remain as head of regulatory consulting at advice firm Duff & Phelps. DIVI RISE The investment trust F&C Global Smaller Companies has hiked its dividend by 14.5pc to 12.25p per share – its 47th consecutive year of growth. SPANISH DEAL Credit-checking firm Callcredit Information Group has bought a majority stake in Spanish anti-fraud company Confirma. The Leeds-based business entered Spain in 2015 and is aiming to boost its operations there.
LEGAL ADVICE House buyers getting a Tesco Bank mortgage will be directed towards conveyancing firm LMS for legal advice thanks to an agreement between the two.
BOARD POST The boss of Aviva’s international insurance arm has been appointed to its board.
Maurice Tulloch – who oversees operations in France, Canada, Ireland, Spain, Italy, Poland, Turkey and India – is widely seen as a frontrunner to one day replace chief executive Mark Wilson. FREIGHT STRIKE Workers at the Freightliner terminal in North Lanarkshire are to stage a 24-hour strike on July 3 in a dispute over claims of bullying and harassment.
OPEN DOORS Japanese and the Chinese languages are the most lucrative for UK jobseekers, according to a study by jobs site Adzuna.
NEW HOTEL Cut- price hotel chain EasyHotel has secured a lease to develop a new 180-room hotel in Oxford, which is expected to open in the second half of 2019.
CHEAP TICKETS Transport operator Stagecoach has acquired a 20pc stake in rail booking platform Ticketclever. It claims to save customers around 58pc by offering cheaper combinations for medium and long-distance journeys.