Financial Times FT.com

Resources

Principal content

L&G set to appoint John Stewart as chairman

The UK’s third largest life and pensions company is on the verge of appointing John Stewart, the former head of National Australia Bank, as its new chairman, pending FSA approval

Mortgages before current accounts at Tesco

The supermarket chain, which has pledged to become the ‘people’s bank’, has indicated that it could look to introduce mortgages by the end of next year, but may not begin offering current accounts until 2011

Gartmore to cut debt with £250m IPO

The asset management group says the offering will cut net debt to £150m. Managers are expected to sell up to 20% of their shares

Brussels warns on accounts rules

The European Commission has warned that it will be months before it decides whether to support a radical overhaul of accounting rules on how banks and other financial institutions value their assets

Investec looks to UK for 10% growth

The South African financial services group plans to increase its lending to UK customers,

Nationwide seeks help in new rash of acronyms

The building society sector, led by the leading operator, approaches regulators about a CoCo-based model that could buttress their stressed capital bases

New talent lured ahead of listing

Gartmore has spent the past year steadily recruiting talent from other asset managers – a move that was widely seen as preparation for a public listing

Lex: KKR

The age of transparency is upon the private equity firm whose third-quarter results are its first since its merger with its Amsterdam listed co-investor

PayPoint plans further overseas expansion

The move comes after the UK corner-shop payments processor said its Romanian operation, the group’s first foray into European markets, would break even next year

Rising portfolio value bolsters KKR

The private equity group reported economic net income of $356m for the third quarter, underscoring the extent to which the sector has benefited from the rally in the stock and debt markets

Related content and features

COMMENT

A lost glister

Goldman Sachs

On course to pay out bumper bonuses, the bank is drawing sharp public criticism – with potential damage to its brand, if not future earnings

VIDEO

Bank of England upbeat on growth

Video: Dan Pimlott

Dan Pimlott on the Bank of England’s quarterly inflation report and what it means for interest rate policy

JPMorgan in $1bn Cazenove deal

Video: Patrick Jenkins, Daily View

Patrick Jenkins, Banking Editor, says that the structures were already in place for the deal, thanks in large part to a five-year joint venture

Track this Topic

News alerts

Email - create a keyword alert on the subject of this topic

Email summaries

Email - start your day with daily email briefing on this topic

RSS feeds

RSS - Track this news topic using our feeds