LONDON England's High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around £9 billion in assets to a new Irish company just before the starting gun is fired on Brexit.
LONDON Europe's financial markets regulator has given UK-based derivatives clearing houses permission to continue serving EU clients in the event of a no-deal Brexit - a major boost to London's battle to remain the central market for euro clearing.
* ESMA says to limit disruption from a no-deal Brexit
(Combines stories, adds ESMA quote, background, bullet points)
LONDON Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers.
LONDON/EDINBURGH Standard Life Aberdeen (SLA) plans a fresh round of job cuts in the coming weeks as part of a broader cost overhaul aimed at shoring up investor confidence after a year of heavy outflows of client cash, four sources told Reuters.
LONDON Ashmore's shares slumped on Thursday as the chief executive and majority owner of the emerging markets-focused fund manager revealed plans to sell down his stake, overshadowing a rise in assets under management.
* Shares 6.3 pct as CEO flags stake sell-down
(Recasts, adds share reaction, analyst reaction)
LONDON, Feb 14 Emerging markets-focused fund
manager Ashmore posted on Thursday a 3.8 percent
increase in assets under management on the back of net inflows
and said the outlook was positive.
(This Feb 6 story corrects Anastasia Georgiou title in paragraph four to .. Director of Product Management ..not.. analyst)
LONDON British retirement services specialist Just Group said on Wednesday that total new business sales for the year to end-December were up 15 percent, helped by strong demand from companies to pass on pension scheme risk.