Standard Life-Aberdeen merger to lead to job losses
The proposed £11bn merger between Standard Life and Aberdeen Asset Management could result in up to 1,000 job losses. Employees in functions such as technology, marketing and administration will likely be shown the door first, it has emerged. (Times)

BlackRock voices concerns over new BAE chief pay package
BAE Systems said on Sunday that one of its leading institutional investors, believed to be BlackRock, has raised concerns over a proposed £7.5m pay package for Charles Woodburn, who is set to take up the top job at the London-based defence and aerospace firm in July. (Times)