Private equity giants face deadline for Hargreaves Lansdown bid Investment Peter Hargreaves and Stephen Lansdown, who co-founded the platform in 1981, collectively own a quarter of the company's shares.
Hargreaves Lansdown founder watching takeover bid ‘with interest’ INVESTMENT The founder of investment platform Hargreaves Lansdown has said he watching the takeover attempt by a consortium of private equity investors "with interest" after news of the bid came to light this week.
Hargreaves Lansdown shares surge after bid from private equity giants M&A Hargreaves Lansdown has rejected a takeover bid by a consortium of private equity investors including CVC and Abu Dhabi's sovereign wealth fund, the company confirmed today.
Mark Kleinman: Czech is on way to sceptical Royal Mail investors May 23, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Ozempic and Wegovy: What happens when a drug goes viral? May 18, 2024 Novo Nordisk's Wegovy and Ozempic have been heralded as the solution to the world's growing obesity problems. But when celebrities and influencers misuse them and start documenting their weight loss journeys online, should we take stock?
Hargreaves Lansdown: Revenue boosted by UK investors going overseas April 30, 2024 Overall, Hargreaves Lansdown reported net new business inflows of £1.6bn in the quarter, flat quarter-on-quarter.
Government quietly pauses Natwest retail bidding process March 31, 2024 The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, City A.M. can reveal.
Hargreaves Lansdown reaps cash interest reward as market growth pushes up assets under new CEO February 22, 2024 Hargreaves Lansdown reported market growth and interest from cash push its assets under administration for the firm up to £142.2bn. Market growth pushed up assets by £7.2bn for the firm in the second half of 2023, compared to just £1.7bn in 2022. In the firm’s interim results, it revealed that revenue had jumped five per [...]
Rishi Sunak earned £2.2m and paid £508,000 in tax, documents show February 10, 2024 Rishi Sunak has published his tax documents, showing that he paid more than £500,000 in UK tax last year, as his total income rose to £2.2m.
Hargreaves Lansdown red alert: Two funds fail value assessment February 5, 2024 Two of Hargreaves Lansdown’s 13 funds have been found to not provide good value, the firm revealed in its assessment of value report. The report, which is required by the Financial Conduct Authority to assess seven areas of each fund, uses a traffic light system for rating each area of a fund. Just three of [...]