Standard Bank Group and Oriel Securities form alliance in the UK
16 MAy 2011

Standard Bank Group and Oriel Securities, a leading independent corporate and institutional stockbroking and advisory firm in the United Kingdom, will be working together to assist mining, oil and gas companies with finance and transactions that country. 

Ian Carton, Global Head of Cash Equity at Standard Bank Group,says: "Oriel Securities' expertise in equities, corporate finance and investment banking activities in the United Kingdom makes them a perfect partner for Standard Bank Group and our emerging markets reach. 

"The combined equity platforms and investment banking capabilities will extend the range of services that the two organisations can provide totheir clients -- both geographically and from a product perspective." 

Chief Executive of Oriel Securities Simon Bragg says: "We are delighted to be partnering with Standard Bank, the largest bank in Africa. The combination of their deep client relationships across the African continent and other selected markets and our first rate London market and resources expertise will make this a strong and meaningful partnership." 

Oriel Securities already has alliances with Scotiabank in Canada and HSBC in the United Kingdom. 

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