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United States

Simon Jessop

UK Plc pension insurance deals to build on record year in 2019

Nov 16 2018

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.

UK Plc pension insurance deals to build on record year in 2019

Nov 16 2018

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.

Intermediate Capital Group first-half assets up 17 percent on record inflows

Nov 15 2018

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.

UPDATE 1-Intermediate Capital Group H1 assets up 17 pct on record inflows

Nov 15 2018

* Shares up 8.8 pct, leading the mid-cap index (Adds detail from statement, CEO quote, share reaction, bullet points)

UPDATE 2-Prudential sees profit boost from Asia, demerger holds on track

Nov 14 2018

* Shares down 0.5 pct, just outperforming FTSE 100 (Adds detail from statement, share reaction, analyst comment, CEO quote)

Danske money laundering scandal is 'tip of iceberg', whistleblower's lawyer says

Nov 13 2018

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.

UPDATE 1-RSA cuts some London-based global business in profit pursuit

Nov 13 2018

* Changes to cut premiums written by a third in 2019 (Adds detail from statement, bullet points)

France lures private equity with post-Brexit tax break

Nov 02 2018

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.

Unlisted gems bolster returns for top British fund manager

Nov 02 2018

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.

Ex-HSBC chair Flint heads to Standard Life Aberdeen

Oct 31 2018

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.

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