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Lloyds was the firm's biggest single client, and its £109 billion stake represents around 17% of Standard Life Aberdeen's assets under management.
The three major indexes slumped into a correction last week.
The Dow Jones industrial average and the S&P 500 tumbled into a correction on Thursday.
Amazon has repeatedly showed an uncanny ability to disrupt entire segments of the stock market with corporate announcements.
Stocks have failed to hold a strong rebound since Friday.
The Securities and Exchange Commission's so-called circuit breakers trigger at three key levels.
The former Target manager who made millions on a trade that just blew up refuses to throw in the towel
After this week's market meltdown, there was some concern over former Target manager Seth Golden's status, but he says he's just fine.
President Donald Trump's tweet calling the recent stock sell-off a "big mistake" shows he doesn't fully understand the dynamics driving the equity market.
Many strategists are urging clients to use the sell-off as an opportunity to buy stocks at lower prices.
You have to contain your emotions, says Tim Armour, the CEO Capital Group.