Standard Bank Group global head of cash equity Ian Carton said that Oriel Securities’ expertise in equities, corporate finance and investment banking activities in the UK makes them a perfect partner for Standard Bank Group and the emerging markets reach.

"The combined equity platforms and investment banking capabilities will extend the range of services that the two organizations can provide to their clients — both geographically and from a product perspective," Carton said.

Oriel Securities CEO Simon Bragg said the combination of Standard Bank’s deep client relationships across the African continent and other selected markets and Oriel Securities’ first rate London market and resources expertise will make this a strong and meaningful partnership.