Failed financial services company Keydata Investment Services will have to be
split up and sold, according to administrators PricewaterhouseCoopers.
PwC is in talks with interested parties to sell parts of the business, which
provides account management and administrative services to banks including
Credit Suisse, Morgan Stanley and HSBC.
The Financial Services Authority is in talks with the banks to continue
operating Keydata’s services until its assets are sold. FT advisor reports that
the FSA has confirmed that the talks include discussions with the Serious Fraud
Office about potentially missing assets in some of the failed company’s
Political and economic uncertainty behind the fall in confidence
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal