Companies Financial News

07.09 / 15:29

companies Results emerging markets Ashmore Ashmore claims EM turning point despite plummeting profits

Despite the downturn, chief executive Mark Coombs claimed the firm’s consistent strategy was designed to 'mitigate the impact of market volatility'.

07.09 / 12:25

COST UPS Provident companies cover Woodford 2024 Woodford investors set for early 2024 payout if scheme passes

To pass, at least 50% of investors in number representing at least 75% of the value of the fund who vote must approve the scheme.

07.09 / 08:41

companies Man Group Man Group completes acquisition of Varagon Partners

CEO of Man Group Robyn Grew

06.09 / 11:27

companies liontrust GAM NewGAMe EGM GAM convenes EGM and urges investors to back NewGAMe proposals

Shareholders will be asked to vote on a range of appointments to GAM’s board of directors, including a new chair, and its compensation committee.

06.09 / 08:47

UBS companies Credit Suisse Acquisition reports Deal UBS to reopen Credit Suisse-Apollo Global Management M&A deal - reports

UBS executives are concerned with the fees Credit Suisse agreed to pay to Apollo Global Management.

05.09 / 15:31

companies Asset Managers Aviva Discrimination Aviva Investors and LGIM sued over alleged Russian discrimination

Aviva said it would be contesting the claim but declined to comment further on legal proceedings.

05.09 / 15:31

M&A Bank of England UK companies Office for National Statistics Costs M&A activity subdued in Q2 as borrowing costs rise

The ONS highlighted the role of higher interest rates on the downturn in M&A activity during the period.

05.09 / 12:01

companies Loans liontrust GAM NewGAMe GAM repays Liontrust loan in full

Last month, GAM entered an agreement with NewGAMe and Rock Investment to extend immediate short-term financing of £18m.

05.09 / 07:43

companies Abrdn Acquisition Takeover LGT completes £140m takeover of abrdn's DFM business

'The completion of this transaction marks another milestone in LGT Wealth Management’s journey from inception in 2008.'

05.09 / 07:43

M&A companies financial conduct authority pension stake Caledonia Investments to sell 7IM stake to Canadian pension for £255m

Rumours about Caledonia selling 7IM have been floating since early 2022.

04.09 / 13:39

Pfizer Morningstar companies Coronavirus Healthcare Interactive Investor Threat NOT Stock Spotlight: US drug price negotiation not an immediate threat to Pfizer

The company reported earlier this year that the Covid-19 vaccine was expected to bring in sales of around $13.5bn in 2023, a decline of almost 70% from 2022.

04.09 / 09:53

companies services Ex-Brooks Macdonald director teams up with P1 Investment Services for DFM launch

'Working with P1 allows us to launch as a nimble startup but with the support and resources of a larger firm.'

31.08 / 12:23

companies Aum profits Inflows Pictet Group posts 3.7% drop in profits for H1 2023

AUM grew to CHF 638bn from CHF 612bn at the end of December 2022.

31.08 / 07:57

UBS banking companies Results Credit Suisse Wealth Management UBS posts record bank profit following Credit Suisse acquisition

“Our analysis clearly shows that full integration is the best outcome for UBS, our stakeholders and the Swiss economy,” said UBS group CEO Sergio Ermotti.

31.08 / 07:57

regulation companies Financial Services Wealth managers financial conduct authority FCA Asset Managers wholesale NOT FCA provisionally opts not to involve CMA in wholesale data market review

The FCA argued it is the more appropriate body to remedy the issues of the wholesale data market

30.08 / 14:03

Banks companies Global dividends hit record $568bn in Q2 2023

Half of the world’s dividends in Q2 were contributed by banks.

29.08 / 12:55

UBS companies Lawsuit Credit Suisse UBS settles Credit Suisse lawsuit against finance blog

'Inside Paradeplatz undertakes to carefully examine readers' comments in advance and not to allow any personal infringements against the plaintiffs.'

29.08 / 12:55

regulation companies Financial Services FCA investment managers Raymond James barred from opening new branches and hiring investment managers

According to the FCA Register, the requirements became effective from 16 August.

29.08 / 08:25

companies liontrust GAM NewGAMe and Bruellan EGM GAM given 30 days to repay Liontrust loan

GAM will propose the issuance of a convertible bond to raise around CHF 25m.

25.08 / 12:01

companies Lazard reports Lazard Sweden managing director charged with aggravated bribery - reports

Prosecutors have asked for the district court to fine Lazard SKr1.5m (£108,000) because of Slettengren's high status at the firm.

25.08 / 07:49

companies Lazard reports Lazard Swedish managing director charged with aggravated bribery - reports

Prosecutors have asked for the district court to fine Lazard SKr1.5m (£108,000) because of Slettengren's high status at the firm.

Companies Financial News

popular questions about companies

What is companies and why is it relevant?

Where can I find the latest updates on companies?

How can I verify the accuracy of information on companies?