UK and US should have mutual recognition of financial sectors on ‘day one’ of a post-Brexit trade deal, says new report September 18, 2018 The UK and US should seek an immediate system of mutual recognition to deepen trade in financial and professional services, according to a new report produced by policy experts from both sides of the Atlantic. The proposal is one of a range of suggestions put forward by a group of 11 think tanks in a [...]
UK and US should have mutual recognition of financial sectors on ‘day one’ of a post-Brexit trade deal, says new report September 18, 2018 The UK and US should seek an immediate system of mutual recognition to deepen trade in financial and professional services, according to a new report produced by policy experts from both sides of the Atlantic. The proposal is one of a range of suggestions put forward by a group of 11 think tanks in a [...]
Marsh & McLennan buys insurer Jardine Lloyd Thompson for £4.3bn September 18, 2018 New York-headquartered Marsh & McLennan has agreed to buy UK insurance broker Jardine Lloyd Thompson (JLT) today in a £4.3bn deal. Shares in FTSE 250 listed JLT soared by more than 30 per cent following the announcement this morning. Marsh has offered £19.15 in cash for each JLT share, valuing the business at £4.9bn. Read [...]
Marsh & McLennan buys insurer Jardine Lloyd Thompson for £4.3bn September 18, 2018 New York-headquartered Marsh & McLennan has agreed to buy UK insurance broker Jardine Lloyd Thompson (JLT) today in a £4.3bn deal. Shares in FTSE 250 listed JLT soared by more than 30 per cent following the announcement this morning. Marsh has offered £19.15 in cash for each JLT share, valuing the business at £4.9bn. Read [...]
Nestle to flog off insurance unit Gerber Life in $1.55bn deal September 18, 2018 Nestle has agreed a deal to sell its Gerber Life Insurance unit to insurer Western & Southern Financial for $1.55bn (£1.2bn). The food giant, which has seen sales slide as consumers shift towards healthier foods, had been looking at offloading underperforming brands in its portfolio, and plans to buy and launch new products to address the [...]
Nestle to flog off insurance unit Gerber Life in $1.55bn deal September 18, 2018 Nestle has agreed a deal to sell its Gerber Life Insurance unit to insurer Western & Southern Financial for $1.55bn (£1.2bn). The food giant, which has seen sales slide as consumers shift towards healthier foods, had been looking at offloading underperforming brands in its portfolio, and plans to buy and launch new products to address the [...]
Honda Europe presses for frictionless trading post-Brexit but vows to keep Swindon plant September 18, 2018 Honda Europe today said a no-deal Brexit would hurt its competitiveness at its plant in Swindon, but that it has no plans to relocate from the UK. Speaking to Radio 5 Live, senior vice president of Honda Europe, Ian Howells, said: "Really it hasn't come up that we would actually have to look at putting Swindon [...]
Honda Europe presses for frictionless trading post-Brexit but vows to keep Swindon plant September 18, 2018 Honda Europe today said a no-deal Brexit would hurt its competitiveness at its plant in Swindon, but that it has no plans to relocate from the UK. Speaking to Radio 5 Live, senior vice president of Honda Europe, Ian Howells, said: "Really it hasn't come up that we would actually have to look at putting Swindon [...]
City Moves for 18 September 2018 – who’s switching jobs at FTI Consulting, CLS and Redburn? September 18, 2018 Today's City Moves cover insurance services, market infrastructure and equity research. Take a look at these movers and shakers: FTI Consulting FTI Consulting has expanded its global insurance services practice with the appointment of Rory O’Brien as a senior managing director. He will be based in London. Rory has more than 30 years of senior [...]
City Moves for 18 September 2018 – who’s switching jobs at FTI Consulting, CLS and Redburn? September 18, 2018 Today's City Moves cover insurance services, market infrastructure and equity research. Take a look at these movers and shakers: FTI Consulting FTI Consulting has expanded its global insurance services practice with the appointment of Rory O’Brien as a senior managing director. He will be based in London. Rory has more than 30 years of senior [...]