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NAB set to offload Clydesdale and Yorkshire Banks

National Australia Bank is set to let go of Clydesdale and Yorkshire Banks and float part of the business. As part of its de-merger plans, NAB will transfer 70-80 per cent of its shares in Clydesdale, which includes Yorkshire Bank, to NAB shareholders. The remaining 20-30 per cent will be floated on the stock exchange. […]

People on the move

The chief executive of Aviva’s UK and Ireland Life business David Barral is to leave at the end of May after 16 years with the firm. Barral’s departure follows shareholder-approved Aviva’s takeover deal of Friends Life. Friends Life chief executive Andy Briggs will become chief executive of the enlarged UK and Ireland life business, subject […]

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Peter Hargreaves steps down from HL board

Peter Hargreaves has stepped down from the board of Hargreaves Lansdown, the firm he co-founded with Stephen Lansdown in 1981, with immediate effect. Hargreaves says he wants to spend more time with his family and pursue other interests but will remain “in close touch” as a major shareholder. He says: “I believe this is the […]

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LifeSearch renews contract with MoneySupermarket

LifeSearch has renewed its contract with MoneySupermarket.com to provide protection advice to customers of the comparison site. The specialist protection intermediary has had an agreement with MoneySupermarket.com since January 2013. It declined to say how long the new contract is for. LifeSearch chief executive Tom Baigrie says: “We are delighted that our partnership with MoneySupermarket is […]

Investment

Responsibility matters

RLAM is committed to being a responsible investor. Our quarterly newsletter, Responsibility Matters, explores key environmental, governance and social (ESG) themes. This quarter’s issue covers green bonds and sustainable agriculture, with articles from Head of Sustainable Investments Mike Fox and Sustainable Investment Analysts Gail Counihan and Victoria McArdle. Read the articles here Past performance is […]

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