Browsing Tag
Clive Bannister
3 posts
Rathbones shares hit 52-week low as FCA review threatens RAT turnaround strategy
Rathbones Group shares have fallen to a 52-week low after a regulatory review exposed weaknesses in Consumer Duty implementation, disrupted client inflows and challenged the wealth manager’s post-Investec growth strategy.
Beazley (LSE: BEZ) edges up 0.04% on Friday with Zurich scheme on glide path to court sanction and H2 completion
Beazley shareholders voted 99.9% in favour. Zurich keeps buying at 1,280p. The court hearing is next. The 2.3% arbitrage spread is the last word on this deal.
Phoenix Group to acquire ReAssure from Swiss Re for £3.2bn
Phoenix acquisition of ReAssure : Life consolidator Phoenix Group has signed a cash-cum-stock deal worth £3.25 billion to…