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...Its chief executive, Gary Nagle, has likely been scrutinising Anglo’s business and BHP’s proposal since news of the approach broke last week....
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure. L&G had acquired or built almost 1,000 affordable homes by the end of 2022....
...The decision to return to the coal business underlines Glencore chief executive Gary Nagle’s conviction that the heavily polluting fossil fuel still has a significant role to play in meeting the world’s...
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...There’s Still Tomorrow is no Nil by Mouth, Gary Oldman’s 1997 account of domestic dysfunction on a south London estate, with its near-unwatchably realistic wife-beating....
...Tom Wilson in London...
...Under Wilson, it has focused on “inclusive capitalism”, funding long-term assets such as housing developments and infrastructure....
...One feature to start: With the mining and London market abuzz with speculation about the BHP-Anglo American takeover saga, the FT’s Tom Wilson dissects the other possible bidders for the miner with a market...
...L&G’s latest Rebuilding Britain Index has found that attempts to “level up” UK regions are failing or stalling and that, in many cases, inequalities have widened....
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...“The combination of texture, humour and the trompe l’oeil design ‘hanging’ with game honours old traditions… For Janet and Cameron, God really is in the details....
...“This is just psychologically very reassuring to the industry,” said Theodore Paradise, a partner at the K&L Gates law firm, adding that the contracts will go a “long way to encouraging the sector and sending...
...Others found that it spoke like an English tourist in Marbella: “Muchas gracias for your understanding, y I’ll ensure we’re being as crystal-clear como l’eau from now on.”...
...The scoreline “love” is believed to come from the French word l’oeuf for egg, which resembles a zero....
...Wilson cited efforts by L&G to help 600 start-ups in its portfolio to expand. “We want to scale up a lot of those and we want those to be FTSE constituents in years ahead,” he said....
...L&G said the process to find a successor could take about a year, noting that Wilson will continue as chief executive until a replacement is found....
...Sir Nigel Wilson, chief executive of L&G, said that meeting the UK’s housing needs required “national and local collaboration coupled with modernisation of planning and construction, improvements to funding...
...David Hollingworth, associate director at L&C, said borrowers on tracker deals are likely to be reviewing their positions....
...When proposing the update last year, SEC chair Gary Gensler said that as a result of the industry’s development, “gaps in the current names rule may undermine investor protection”, with some funds claiming...
...He and chief executive Sir Nigel Wilson were answering questions on the episode from the House of Lords’ industry and regulatory committee....
...“It’s an absolute crime,” said Gary Stevenson, formerly Citibank’s top trader, who paid the top rate of income tax on all his bonuses and now campaigns for levies on extreme wealth as part of the Patriot...
...David Hollingworth, associate director at L&C, said: “I don’t think we’re out of the woods in terms of the movement in fixed rates at the moment.”...
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