Financial


 Zurich Insurance (SWX: ZURN) to buy MetLife’s (NYSE: MET) US unit for $3.94 bn

Zurich Insurance (SWX: ZURN) to buy MetLife’s (NYSE: MET) US unit fo...

December 11, 2020 01:03 PM GMT | By Hina Chowdhary

Summary Zurich Insurance Group has agreed to buy the US property and casualty (P&C) business of MetLife Inc Both Zurich Insurance Group and Me...

 What is the performance of recent investments made by Impax Environmental Markets PLC?

What is the performance of recent investments made by Impax Environm...

December 09, 2020 02:03 PM GMT | By Team Kalkine Media

Summary Impax Environmental Markets Plc has reported NAV per share, including current financial year revenue items of 387.50 pence. The Company is...

 SocGen to merge bank networks, expects to save €450 mn by 2025

SocGen to merge bank networks, expects to save €450 mn by 2025

December 07, 2020 03:34 PM GMT | By Hina Chowdhary

Summary Société Générale SA has announced that it will be merging two of its retail banking networks This will result...

 UOB Employs New Artificial Intelligence Tool for Tracing Financial Crime

UOB Employs New Artificial Intelligence Tool for Tracing Financial C...

December 07, 2020 08:59 AM GMT | By Team Kalkine Media

Summary United Overseas Bank Limited is tracking financial crime in its system with the help of a new artificial intelligence solution UOB said th...

 What is the success story behind AJ Bell Youinvest platform?

What is the success story behind AJ Bell Youinvest platform?

December 04, 2020 02:29 PM GMT | By Kunal Sawhney

Summary AJ Bell Plc has reported an increase in revenue of 21.0% during FY20. The customer retention rate remained high and stood at 95.5% for FY2...

 Lloyds Bank’s Horta-Osório proposed as next chairman of Credit Suisse

Lloyds Bank’s Horta-Osório proposed as next chairman of Credit Suiss...

December 01, 2020 11:11 AM GMT | By Kunal Sawhney

Summary Credit Suisse has proposed António Horta-Osório, Lloyds Banking Group outgoing CEO, as its new chairman Horta-Osório...

 R&Q Re Ltd has signed an agreement to acquire a Vermont Bermuda-domiciled captive insurance company

R&Q Re Ltd has signed an agreement to acquire a Vermont Bermuda-domi...

November 30, 2020 05:00 PM GMT | By Kunal Sawhney

Summary This is the third acquisition of a captive insurance company by R&Q this year, whose clients are spread across the North America Howev...

 Sabadell owned TSB once again on the block

Sabadell owned TSB once again on the block

November 28, 2020 11:52 AM GMT | By Kunal Sawhney

Summary Spanish owner of TSB is mulling over selling the UK bank Banco Sabadell, the owner, stated that it was focusing on a new strategy by prior...

 How would Amigo Holdings recover from weaker lending activity due to Covid-19 pandemic?

How would Amigo Holdings recover from weaker lending activity due to...

November 27, 2020 03:28 PM GMT | By Kunal Sawhney

Summary Amigo Holdings Plc has reported a revenue contraction of 36.5% during H1 FY21. The Company has witnessed a net loan book reduction of 33.6...

 Aviva (LON: AV) to offload its Italian arm

Aviva (LON: AV) to offload its Italian arm

November 24, 2020 02:17 PM GMT | By Team Kalkine Media

Summary The company will sell off its Italian arm Aviva Vita for €400 million to UBI Banca During September this year, the company sold off i...

 IamFire Plc (LON: FIRE) Completes Significant Investments in WeShop & Bio2pure

IamFire Plc (LON: FIRE) Completes Significant Investments in WeShop...

November 24, 2020 12:52 PM GMT | By Team Kalkine Media

Summary IamFire Plc is an investment issuer listed on the AQSE Growth Market Exchange with the ticker, AQSE: FIRE. IamFire Plc focuses on identify...

 How Are Insurance Stocks Reacting to FCA Charges of Escaping Liability for Pandemic-Related Business Losses?

How Are Insurance Stocks Reacting to FCA Charges of Escaping Liabili...

November 18, 2020 02:59 PM GMT | By Team Kalkine Media

Summary The Financial Conduct Authority has told the UK Supreme Court that UK based insurers are violating the essence of insurance Insurance comp...

 Clean Energy Push: Aviva Launches One of The UK’s Biggest Solar Energy Carport

Clean Energy Push: Aviva Launches One of The UK’s Biggest Solar Ener...

November 17, 2020 02:30 PM GMT | By Hina Chowdhary

Summary Aviva’s solar project in Perth to be the UK’s biggest solar energy carport and battery facility The project has received &poun...

 Aviva PLC (LON: AV.) Launches Abridged Advice Service

Aviva PLC (LON: AV.) Launches Abridged Advice Service

November 16, 2020 04:44 PM GMT | By Hina Chowdhary

Summary Aviva PLC has launched an abridged advice service to help customers who are considering transferring out of their defined benefit pension...

 Is Sainsbury’s Bank Going to Be the First Major Acquisition of Natwest Since Its 2008 Bailout?

Is Sainsbury’s Bank Going to Be the First Major Acquisition of Natwe...

November 14, 2020 07:07 AM GMT | By Kunal Sawhney

Summary NatWest Group PLC is planning for a potential takeover of Sainsbury’s Bank The last major deal by the Group was the takeover of ABN...

 FTSE 100’s Oldest Insurer RSA Receives A £7 Billion Takeover Bid

FTSE 100’s Oldest Insurer RSA Receives A £7 Billion Takeover Bid

November 07, 2020 09:32 AM GMT | By Kunal Sawhney

Summary The Company received a £7 billion takeover proposal from Intact and Tryg The operating landscape of insurers remain highly volatile...

 Provident Financial Shares Jump 4% After Reporting Growth in Q3 Business

Provident Financial Shares Jump 4% After Reporting Growth in Q3 Busi...

November 04, 2020 03:01 PM GMT | By Kunal Sawhney

Summary The customer spends at Vanquis Bank, a subsidiary of Provident Financial, rose nearly by 31 per cent in the July-September quarter The sto...

 Barclays And Natwest Group in Focus as Business Borrowing from Banks Surge Fivefold

Barclays And Natwest Group in Focus as Business Borrowing from Banks...

November 03, 2020 11:30 AM GMT | By Team Kalkine Media

Summary Net borrowings by the businesses in the UK has gone up drastically amid the pandemic Banks are under pressure as they provided payment hol...

 Second Lockdown: Mortgage Holidays Are Set To Be Extended For Next Six Months

Second Lockdown: Mortgage Holidays Are Set To Be Extended For Next S...

November 02, 2020 04:56 PM GMT | By Team Kalkine Media

Summary The Financial Conduct Authority (FCA) is expected to make an official announcement and propose updates on the same shortly The furthe...

 Is It A Good Idea to Invest in Financial Stocks for Upcoming Year?

Is It A Good Idea to Invest in Financial Stocks for Upcoming Year?

October 30, 2020 06:57 PM GMT | By Team Kalkine Media

Summary Adding financial stocks in the portfolio is one of the popular investment strategies amongst investors. Investors with lesser risk appeti...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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