All Finance articles – Page 117
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MMC reports $145m net loss
Company's first half results hit by $540m goodwill charge but Marsh reports growth.
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Close buys Kaupthing's premium finance unit
Sale to free up more than £100m in liquidity for KSF.
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JLT sees pre-tax profits fall 30%
Broker posts turnover of £266.2m, up 9% in half year results.
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NewsHeath Lambert chief opens door to flotation but rules out sale
Adrian Colosso outlines plans for broker in candid interview.
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Results in brief
BeazleyBeazley kicked off the Lloyd’s results season reporting that its profits were down by 25% for the first half of 2008, falling to £45m compared to £60.2m for the same period last year.Beazley blamed the profit fall on a sharp reduction in investment income.Gross written premiums were down 6% to ...
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RBS sells TPF shareholding for £950m
Bank agrees deal with Tesco over 50% shareholding; follows speculation that it will scrap bidding for RBSI.
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FSA fines Hastings £735,000
Regulator takes action for failing to treat customers fairly.
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Online onlyRBS set to shelve sale of insurance arm: reports
Analyst says that there is "less than 50% chance" bank will offload division.
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Online onlyFitch revises IAG outlook to negative
Ratings agency warns that Australian giant faces "stiff competition" in key markets.
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NewsUtley mulls IAG UK management buy out
UK chief says sale of Hastings and Advantage assets to be concluded by end of year.
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NewsRBSI denies ‘action contracts’ for staff
Senior source at NIG said number of staff on 12-week performance management contracts was minimal
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Online onlyUPDATE: Zurich out of RBSI bidding
Former frontrunner cites impact on shareholder value among reasons for exit.
