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Leeds & Holbeck opens Gibraltar office

Leeds & Holbeck Building Society is expanding its wings beyond the UK for the first time by opening an office in Gibraltar.

The Society will offer a range of mortgages to residents of the Gibraltar and British ex-patriots.

It then plans to expand its business into Spain and begin accepting to deposits in 2003 with more ambitious plans to expand across Europe.


New business development manager at Winterthur

Winterthur Life is appointing Laurence Toft as business development manager. Toft previously worked for Scottish Amicable and has worked in financial services for 20 years. He will report to Winterthur regional sales manager for the South Frank Parsons, and will work from the Reading office.

Legg Mason quits Fofs and closes its portfolio service

Legg Mason Investors is pulling out of the fund of funds market and closing its managed portfolio service to focus on its core distribution and asset management businesses. The move is part of a strategic review which began in the summer. It will see Sam Liddle, who manages Legg Mason&#39s two funds of funds – […]

Pru sells German business to Canada Life

Prudential has sold its German life assurance business to Canada Life for £82m.The business operated under the Scottish Amicable Life International banner and was underwritten by Prudential International Assurance in Dublin. The deal safeguards the jobs of the 167 employees in Germany. In addition 65 staff in Dublin will transfer to Canada Life when the […]

Bedlam Asset Management – Bedlam Global Fund

Friday, November 15, 2002 Type: Oeic Aim: Growth by investing in global equities Minimum investment: Lump sum £3,000 Place of registration: Dublin Investment split: 100% in global equities Isa link: Yes Pep transfers: Yes Charges: Annual subject to negotiation Commission: None Tel: 020 7648 4300


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