LONDON UK companies are expected to try and offload a record amount of risk linked to their pension schemes in 2019 as growth in life expectancy eases and interest rates rise, making deals more attractive for insurance firms.
LONDON, Nov 16 UK companies are expected to try and offload a record amount of risk linked to their pension schemes in 2019 as growth in life expectancy eases and interest rates rise, making deals more attractive for insurance firms.
LONDON British asset manager Intermediate Capital Group (ICG) on Thursday posted a 17 percent increase in first-half assets on the back of strong inflows of new money from clients, sending its shares higher.
* Shares up 8.8 pct, leading the mid-cap index (Adds detail from statement, CEO quote, share reaction, bullet points)
* Shares down 0.5 pct, just outperforming FTSE 100 (Adds detail from statement, share reaction, analyst comment, CEO quote)
LONDON Danske Bank's 200 billion euro ($225 billion) money laundering scandal might be the "tip of the iceberg" and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said.
* Changes to cut premiums written by a third in 2019 (Adds detail from statement, bullet points)
LONDON/PARIS France has stepped up efforts to lure UK-based private equity executives into relocating to Paris after Brexit by pledging to slash the tax rate on the cut of profits managers share with their investors, to the chagrin of some local rivals.
LONDON Scottish Mortgage Investment Trust , one of Britain's early backers of tech companies such as Alibaba , Dropbox and Spotify , said its collective pre-IPO bets had more than quadrupled in value since they were first made.
LONDON Britain's biggest listed investment manager Standard Life Aberdeen said on Tuesday it had appointed Douglas Flint, former chairman of HSBC , to lead its board from January.
The CIA believes Saudi Crown Prince Mohammed bin Salman ordered the killing of journalist Jamal Khashoggi in Istanbul, sources familiar with the matter said on Friday, complicating President Donald Trump's efforts to preserve ties with a key U.S. ally.