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- RSA: not so assured
The UK insurer’s chief executive has stepped down after issuing three profit warnings in close succession
Posted on 13 December 2013 | 12:33 pm
- RSA warns as losses at Irish unit mount
RSA issues a fresh profit warning as losses at the troubled Irish business more than doubled, forcing the departure of the chief executive
Posted on 13 December 2013 | 9:32 am
- Customer service key to Lloyds future
Bank attempts to convince stakeholders that lenders have ended decades of aggressive product selling a day after it was hit with a £28m penalty
Posted on 12 December 2013 | 11:59 pm
- Watchdog says auditing ‘below average’
The Financial Reporting Council questioned the adequacy of testing of banks’ loan loss provisions, general IT controls and slow pace of reform
Posted on 12 December 2013 | 11:57 pm
- PAG buys stake in Universal Studios Japan
Money will help recapitalise theme park operator and help Universal launch its Harry Potter attraction, as well as giving management more control
Posted on 12 December 2013 | 11:56 pm
- Is a strengthening dollar the killer currency call for 2014?
Multi-managers are tipping the US dollar as one way to play the prospect of rising interest rates in the US next year.
Posted on 13 December 2013 | 1:22 pm
- The potential shape of a Bestinvest/Tilney tie-up
If Permira plans to merge Bestinvest and Tilney, what would the merged business look like?
Posted on 13 December 2013 | 1:11 pm
- City’s Calder on the case for European small caps
James Calder, head of research at City Asset Management, has sold his broad global equity and US exposure to buy small caps in Europe.
Posted on 13 December 2013 | 12:29 pm
- Ruffer wage bill rises 30% as it passes £16 billion mark
Ruffer has reported substantial rises in its funds under management, revenues and profits despite a tough year for some of its managers.
Posted on 13 December 2013 | 12:18 pm
- Walter Scott launches new investment firm
Renowned Scottish investor Walter Scott has quietly set up a new investment business, Wealth Manager can reveal.
Posted on 13 December 2013 | 12:15 pm
- RSA shares slump as chief quits
Shares in RSA Insurance Group fall 18% after the firm's chief executive, Simon Lee, resigns amid deepening problems at its Irish unit.
Posted on 13 December 2013 | 1:29 pm
- Irish bailout exit 'just one step'
The Irish Republic's exit from its bailout rescue is a "milestone" but not the end of the road, the country's finance minister says.
Posted on 13 December 2013 | 1:28 pm
- Massive offshore wind plans dropped
ScottishPower Renewables (SPR) has dropped plans for a £5.4bn offshore wind farm near Tiree, following site studies.
Posted on 13 December 2013 | 12:47 pm
- BT apologises for 'poor' TV service
BT has apologised to its customers after what it called its "poor service" during the launch of BT Sport in August.
Posted on 13 December 2013 | 12:03 pm
- Bitcoin: Price v hype
How much of virtual currency's worth is down to hype?
Posted on 13 December 2013 | 11:40 am
- Ireland Bailout Exit 'Not End Of The Road'
The country's to be the first eurozone nations to leave a rescue programme but there is a warning of bumps ahead.
Posted on 13 December 2013 | 12:47 pm
- Ireland's Bord Gais Energy Sold To Centrica
The company behind British Gas is poised to supply energy to hundreds of thousands of Irish homes following an asset sale.
Posted on 13 December 2013 | 12:06 pm
- Apple Probe: China Factory Overtime 'Excessive'
A review of factory conditions in China identifies improvements but concerns remain for staff making iPhones and iPads.
Posted on 13 December 2013 | 11:18 am
- HS2 Report: High-Speed Rail 'Essential To UK'
The £50bn project is vital to the country and its completion should happen sooner than planned, says a committee of MPs.
Posted on 13 December 2013 | 10:06 am
- RSA Boss Quits Over Insurer's Irish Woes
Its share price takes a big hit in early trading after Simon Lee's departure was confirmed amid mounting financial worries.
Posted on 13 December 2013 | 9:16 am
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