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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

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Antonio Simoes

  • Legal & General to cut 1,000 jobs by middle of 2027

    Investing

    Legal and General plans to cut 1,000 jobs by the middle of next year as part of a push from chief executive Antonio Simoes to create a “leaner operation”. The UK’s largest asset manager informed staff on Wednesday on email that it has begun moves to eliminate 10 per cent of its workforce. The programme [...]

    Legal & General is reported to be eying Natwest's pension provider.
  • Legal & General: FTSE 100 giant hikes shareholder returns after strong year

    insurance

    Asset management and insurance giant Legal & General has reported a six per cent increase in core operating profit for 2024. Core operating profit hit £1.6bn and pre-tax profit under IFRS accounting standards stood at £542m. Off the back of these robust numbers Legal & General announced a £500m share buyback for 2025, as part [...]

    Legal & General is reported to be eying Natwest's pension provider.
  • Legal & General shares soar as firm sells US insurance business for £1.8bn

    Business

    Following the deal, Meiji Yasuda will own L&G's US protection business and have a 20 per cent economic interest in its pension risk transfer (PRT) business.

    Legal & General is reported to be eying Natwest's pension provider.
  • Legal & General: FTSE 100 giant appoints Eric Adler to lead asset management

    September 24, 2024

    "In a competitive global search, Eric stood out for his growth orientation," boss António Simões said.

  • Fortune publishes inaugural LGBTQ+ leaders list featuring six UK executives

    September 18, 2024

    António Simões, boss at Legal & General, was the highest ranking business leader among UK executives, coming seventh on the overall list.

  • Legal & General upsizes with lease for City HQ in new Woolgate building

    September 3, 2024

    Legal & General has signed a 15-year lease to move its headquarters to Woolgate, a new building set to open on Coleman Street. The move will see Legal & General hopping just down the road, from One Coleman Street to 10 Coleman Street. It will also be a slight upsizing for Legal & General, going [...]

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