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| Insurer confirms it is exploring a sale of its US life assurance arm, adding that it also envisages an initial public offering of shares in its US asset management business |
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| The Chicago Board Options Exchange, the world's last big member-owned exchange, is expected on Thursday to file an application with US regulators for an initial public offering |
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| David Nish, the chief executive of the insurance group, says there are 'great' opportunities in the UK pensions business as it reports better-than-expected full-year profits for 2009 |
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| The interdealer broker headed by Terry Smith disclosed that it was in 'preliminary discussions with a third party' in a deal that could value the company's equity at £840m |
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| The bank's asset management business is on course to return to profit as early as this year, well ahead of the so-called good part of the nationalised lender |
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| The serviced offices group has demanded rental cuts and concessions from landlords under a plan that could see parts of its business being put into administration |
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| The Japanese bank is preparing to raise about Y75bn in fresh capital as a merger with a rival domestic lender once seen as a lifeline is in danger of collapse |
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| The logic behind the proposed merger of Japanese banks Shinsei and Aozora has disappeared following a return of stability to global financial markets |
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| The trade body representing UK pension plans is to call for an overhaul of the accounting rules that govern the disclosure of company retirement liabilities |
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| The bank's retail banking division is drawing up a strategic plan which will focus on how the group could break into the US market via a big acquisition |
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| Vikram Pandit, Citigroup's chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mark a sharp revival in Citi's fortunes |
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| Shifting focus and reviving belief are key to the bank's plans for change |
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| Insider share dealing conspiracy has revealed the Financial Services Authority's successes and failings in dealing with City scams |
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| The Belgian insurance group is fined ?576,000 by the Dutch financial regulator for market manipulation and late publication of market-sensitive information in 2008 |
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| One of Goldman Sach's top China bankers has followed several other former colleagues and quit to set up a mainland private equity fund |
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