Strand clients risk losing millions amid insolvency proceedings
Standard Life is pushing ahead with plans to convert its Dublin office into a eurozone subsidiary, amid concerns that the UK could lose its passporting rights post Brexit. (Telegraph)

JP Morgan tops rankings in US leveraged loans market
JP Morgan Chase, which arranged acquisition-financing worth $58bn topped Bloomberg rankings of banks in the US leveraged loans market year-to date. Bank of America and Goldman Sachs were ranked second and third. (FT)