CYBG’s £1.7bn takeover of Virgin Money approved by shareholders September 10, 2018 Shareholders have backed banking group CYBG's £1.7bn takeover of Virgin Money. CYBG, which owns Yorkshire Bank and Clydesdale Bank, and Virgin Money held general shareholder meetings this morning where three motions related to the deal were passed with an overwhelming majority. Read more: Virgin Media wins landmark legal case against council over land access All three resolutions were passed [...]
Microfinance business to attract valuation of several hundred million in London float June 18, 2018 Microfinance business ASA international is aiming for a London initial public offering (IPO) next month that is expected to value it at several hundred million pounds. The Bangladeshi-Dutch lender offers microfinance to low income female entrepreneurs and small business owners in Asia and Africa. It announced its intention to float this morning with the goal [...]
Horse Racing Betting Tips: There’s Moore to come from Stoute’s pair September 20, 2018 TRAINER Sir Michael Stoute and jockey Ryan Moore can rekindle the magic of their former association by landing a quickfire double at Newbury tomorrow. The pair team up with the lightly raced ADAMANT in the opening Dubai Duty Free Handicap (1.45pm), who bounced back to form at Chelmsford last month after disappointing at Newmarket on [...]
Horse Racing Betting Tips: There’s Moore to come from Stoute’s pair September 20, 2018 TRAINER Sir Michael Stoute and jockey Ryan Moore can rekindle the magic of their former association by landing a quickfire double at Newbury tomorrow. The pair team up with the lightly raced ADAMANT in the opening Dubai Duty Free Handicap (1.45pm), who bounced back to form at Chelmsford last month after disappointing at Newmarket on [...]
This investment clock says what assets to buy and when March 11, 2019 By Tom Bailey from interactive investor. It’s inevitable that the unremitting global economic cycle will impact stock markets, but when? The economist Paul Samuelson once joked that the stock market has predicted nine of the past seven recessions. But while the over-reactive nature of equity market investors and their poor predictive powers ring true, there [...]
Samsung selling Commerzbank’s £425m London HQ June 5, 2018 Samsung Life Insurance, the South Korean investment manager, is selling the London headquarters of Germany's Commerzbank for £425m. Samsung is being advised by DWS in the sale of the 400,000 square foot (sq ft) building at 30 Gresham Street, which sits not far from the Bank of England and overlooks the Guildhall. Originally constructed by [...]
Samsung selling Commerzbank’s £425m London HQ near Bank of England June 5, 2018 Samsung Life Insurance, the South Korean investment manager, is selling the London headquarters of Germany’s Commerzbank for £425m. Samsung is being advised by DWS in the sale of the 400,000 square foot (sq ft) building at 30 Gresham Street, which sits not far from the Bank of England and overlooks the Guildhall. Originally constructed by [...]
Investec boss commits to UK after Brexit vote: “We will be there to take advantage of all the others leaving” May 18, 2017 Anglo-South African financial services group Investec is committed to the UK despite uncertainty around Brexit, its co-founder has said. The firm, which has asset management, wealth management and banking divisions, currently has a headcount of around 3,900 in the UK and 5,000 in South Africa. Since the UK voted for Brexit last year, banks and [...]
Horse Racing Betting Tips: Sea set to be top of the class in Yorkshire Oaks August 22, 2018 IN TERMS of quality, it’s hard to argue that there is a better contest all week than this afternoon’s Darley Yorkshire Oaks (3.35pm). This event has been dominated by the Classic generation in recent years, with three-year-olds winning eight of the previous 12 renewals. Enable was just 1/4 12 months ago, and she won like [...]
Poundland owner Steinhoff tells angry shareholders it is renegotiating debt April 20, 2018 Steinhoff, the South African retailer, said today that it is renegotiating its debt as it faced shareholders for the first time since its shares plunged on the emergence of an accounting scandal. An investigation into the scandal is making “good progress”, the acting chairman told investors, and is expected to be completed by the end [...]