Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Insurance
      • Square Mile and me
      • Tech
      • Legal
      • Banking
      • Property
      • Retail
      • Crypto
      • Transport
    • From our partners
      • AON
      • City of London BIDs
      • Central London Alliance CIC
      • Inside Saudi
      • London Stansted Airport
      • Tottenham Hotspur Stadium
    • Featured

      UK loses more billionaires than any other country

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Fans will end up paying for football regulator, Tories warn

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Experience the thrill of the Belgian Grand Prix in luxury with City Winners

      Submit a story

      Tell us your story.

      Submit
  • Personal Finance
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

By: Rob Davies

All 69 Articles
  • Tullett says GFI deal due within six weeks

    Tullet Prebon, the interdealer broker, yesterday said that it expects a planned merger with US rival GFI to be completed within six weeks, as it reported a 41 per cent growth in interim net profits, helped by volatile markets. Terry Smith, Tullett’s chief executive, said the company was focusing on the merger – which could [...]

  • British banks given access to Vietnam

    HSBC and Standard Chartered have become the first foreign banks to be given permission to set up wholly owned subsidiaries in Communist Vietnam, the country’s state bank said yesterday. The two companies will be allowed to operate as commercial banks for a period of 99 years, according to a statement from the State Bank of [...]

  • Cowdery gets his man as Tiner joins Resolution team

    Cowdery assembles crack buyout team Clive Cowdery set up the first incarnation of Resolution in 2003 with £500,000 of his own money, after leaving General Electric’s insurance unit. The company began life as a closed life fund consolidator, before Cowdery transformed it into a FTSE 100 insurance behemoth through a series of tie-ups. A merger [...]

  • Thomas Cook loses EC case

    September 10, 2008

    Travel company Thomas Cook yesterday lost its epic battle for compensation from the European Commission for preventing Airtours, now called MyTravel, from merging with First Choice Holidays in 1999. The European Court of First Instance said that Thomas Cook, which now owns MyTravel, was not due any compensation. This was despite its own landmark ruling [...]

  • Resolution to float as Tiner becomes CEO

    September 10, 2008

    Acquisitions vehicle appoints new board members and gears up for spending spree Clive Cowdery’s buyout firm Resolution yesterday announced plans to raise £1bn through an initial public offering in November, as it prepares for a series of acquisitions of financial services companies in need of restructuring. Cowdery has pulled off a major coup by landing [...]

  • Nationwide merger will suit all sides

    September 8, 2008

    Nationwide’s merger with The Derbyshire Building Society and The Cheshire Building Society, which was confirmed yesterday, will see it stretch its lead at the top of the list of UK mortgage lenders. The tie-up will hand the building society an extra 95 branches to add to the 900 retail locations it already operates, reinforcing its [...]

  • TUC calls for tax reforms

    September 8, 2008

    The Trade Union Congress (TUC) has called for a new higher-rate tax bracket for those earning over £100,000, putting it on a collision course with Conservative leader David Cameron. The TUC’s statement, made in advance of its annual conference which begins tomorrow in Brighton, contrasts sharply with a newspaper interview given by Cameron at the [...]

  • Lehman talks continue amid board revamp

    September 8, 2008

    US investment bank Lehman Brothers’ fundraising efforts could take a new twist this week, as talks with Korea Development Bank (KDB) over a $6bn investment look to have slowed. Chief executive officer Dick Fuld has drafted a blueprint for dividing the group into a “good bank” and a “bad bank”, by hiving off the bank’s [...]

  • US mortgage agencies are nationalised

    September 8, 2008

    The US government took control of twin mortgage giants Fannie Mae and Freddie Mac yesterday as it unveiled a series of measures designed to rescue the beleaguered US housing market. Treasury secretary Henry Paulson said the Federal Housing Finance Agency (FHFA) would place Fannie Mae and Freddie Mac under “conservatorship” to prevent the collapse of [...]

  • Resolution will not bid for UK insurer

    September 5, 2008

    Clive Cowdery’s Resolution is not interested in a bid for the insurer Friends Provident, a company spokesman said yesterday. Shares in Friends Provident rose yesterday on reports that it was on a “wish list” of companies in Resolution’s sights. But a Resolution spokesman said today there was no truth in the rumours. He said: “There [...]

Posts pagination

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 7
  • Next

Trending Articles

  • The 17 best pubs in the City of London – picked by experts

  • £100K isn't a big salary - and we need to talk about it

  • Revolut banking licence bid goes down to the wire as key deadline looms

  • UK becomes ‘most attractive country’ for investment as risk appetite grows

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Opinion
  • Life&Style
  • Personal Finance
  • Got a story?
  • City AM Events
  • The Punter
  • City AM Curated
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2025 City AM Limited