Newly appointed Bradford & Bingley chief executive Richard Pym has the task of stabilising the lender as it tries to regain ground in the wake of the credit crunch.Pym, who retired as Alliance & Leicester group chief executive in July 2007, says he will pay special attention to B&B’s deal with GMAC for its books […]
Much has been written about the introduction of the flat rate of capital gains tax announced in the October 2007 pre-Budget report.
Mortgage Brain has hit out at Enterprise’s plans to set up whole-of-market broker and consumer sourcing systems, claiming that it could create conflicts of interest.
Rules are made to be broken. Not so, says Liontrust chief executive Nigel Legge who this week hit out at the Investment Management Association calling on it to be stricter over qualifying criteria for its UK equity income sector.
It has been over four months since the surprise election of Donald Trump as US President. Despite the initial shock, the US stockmarket has continued to climb higher, with many investors forecasting that Trump will be more pro-growth than his predecessors. Watch Robin Milway, lead manager of the Neptune US Opportunities Fund, discuss the outlook […]
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SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. A spokesman for SimplyBiz confirms the business has recently appointed Zeus Capital as an adviser. The […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]
Listed equity is shrinking, reducing opportunities for investors Since early 1998, more equity has been withdrawn than added to the US stockmarket each year, while there has been a vast rise in corporate debt. US companies have shrunk their equity through large-scale buy-backs (about to be given another boost by the Trump administration’s favourable tax […]