Aviva ensures FTSE stays near its record high – London Report March 5, 2015 ARALLY by insurance giant Aviva and same sector shares pushed the FTSE100 closer to record highs again yesterday. The blue-chip FTSE 100 index closed up 0.6 per cent at 6,961.14 points, near the 6,974.26 record it set this month. Traders said that European equities were further supported by confirmation that the European Central Bank (ECB) [...]
Aviva share price rises after full-year profit leaps and final dividend gets a 30pc boost March 5, 2015 The figures: UK insurer Aviva said full-year operating profit rose six percent to £2.17bn in 2014, slightly above forecasts of £2.15bn. It proposed a 30 per cent increase to its final dividend taking it to 12.25 pence per share, cheering investors and pushing the company's share price up six per cent to 564 pence per share at pixel [...]
City Moves for 04 March 2015 | Who’s switching jobs March 3, 2015 Towers Watson The professional services firm has announced the appointment of Kate Hollis to its credit research team. She joins from S&P Capital IQ, where she was most recently global head of fixed income/alternatives fund research. Hollis has over 30 years’ experience in the industry, and has also held fixed income sales and trading positions [...]
Barclays sets aside another £750m for forex probes as profits jump and costs fall March 3, 2015 The figures Barclays' full-year adjusted pre-tax profits soared 12 per cent to £5.5bn, well ahead of the £5.3bn analysts expected for 2014. An additional £750m has been set aside for forex settlements, bringing the total to £1.25bn. Chief executive Anthony Jenkins said the bank expected to "make significant progress in this area" in 2015. A further £200m provision has also been made for [...]
British Land buys up Surrey Quays plots in Canada Water for £135m March 2, 2015 Developer British Land said yesterday it has bought the last of the sites for its £2bn regeneration project in Canada Water – paying £135m for Surrey Quays Leisure Park from Aviva Investors. The FTSE 100 developer has quietly amassed over 50 acres of land in Canada Water over the last five years and is spending [...]
Aviva takes its client to court over an insurance contract capable of making him wealthier than the company itself March 2, 2015 Aviva France is fighting one of its clients in court over a life insurance contract that could make him a billionaire by the end of the decade. Called a Fixed Price Abitrage Life Insurance Contract, it was given to the now 25-year-old Max-Hervé George by his father when he was seven. It was the brainchild [...]
Housing data shows lending and price rises – London Report March 1, 2015 HOUSING data due this week is likely to show increases in both prices and the number of mortgages being taken out. Bank of England mortgage approval figures, out today, are forecast to show that the number of housing loans rose modestly for a second month running in January after falling for five successive months to [...]
Six Nations: Lancaster left relying on Ireland slip after grand slam dream dies March 1, 2015 IRELAND 19 ENGLAND 9 DEFIANT England head coach Stuart Lancaster believes his side can still win the first Six Nations title of his tenure despite seeing their grand slam ambitions trampled by Ireland in Dublin yesterday. Fly-half Jonny Sexton’s four penalties and a solitary try from centre Robbie Henshaw took the game away from England [...]
Standard Chartered’s boardroom bloodbath: Chief exec Peter Sands and chairman Sir John Peace are out February 26, 2015 Standard Chartered delighted investors with a boardroom revolution yesterday, announcing the exit of chief executive Peter Sands, chairman Sir John Peace and four other senior directors. The troubled emerging markets specialist had come under increasing pressure to change tack, after the share price fell by half over the last two years. Sands had previously [...]
Don’t let Ireland bend the rules, Haskell warns England February 26, 2015 ENGLAND flanker James Haskell has urged his side to counter Ireland’s attempts to bend the rules in their showdown in Dublin on Sunday, which could determine the destination of the Six Nations title. Like Ireland, the Red Rose boast a perfect championship record so far but have been guilty of sluggish starts and conceded early [...]