Deutsche Bank and UBS plot asset management merger
24th Apr 2019 12:24
(Sharecast News) - Deutsche Bank and UBS have been discussing for months a possible tie-up between their two asset management arms that would result in the creation of Europe's largest investment firm.
Read moreL&G agrees first Canadian pension risk transfer deal
24th Apr 2019 07:59
(Sharecast News) - Legal & General on Wednesday said it had entered its first Canadian pension risk transfer (PRT) deal worth more than CAD 200m (£114m).
Read moreMonday broker round-up
18th Mar 2019 13:37
(Sharecast News) - IWG: RBC Capital Markets upgrades to sector perform with a target price of 260p.
Read moreJPMorgan ups Legal & General to 'neutral' after de-rating
18th Mar 2019 09:51
(Sharecast News) - JPMorgan Cazenove upgraded its stance on Legal & Geneal to 'neutral' from 'underweight' on Monday, lifting the price target to 285p from 239p on management delivery and following a de-rating of the shares.
Read moreLegal & General results on target
6th Mar 2019 07:24
(Sharecast News) - Legal & General lifted its total dividend 7% for 2018 and assured that its growth should be unaffected by ongoing political and economic uncertainty.
Read moreWednesday broker round-up
20th Feb 2019 13:19
(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read moreTuesday broker round-up
8th Jan 2019 11:20
(Sharecast News) - Vodafone: RBC Capital Markets downgrades to underperform with a target price of 125p.
Read moreDirect Line said to be considering £400m bid for L&G division
19th Dec 2018 14:26
(Sharecast News) - FTSE 100 insurer Direct Line Insurance Group is said to be mulling a £400m move on Legal & General's general insurance arm.
Read moreRBC forecasts outperformance for European insurers, wealth managers
11th Dec 2018 12:05
(Sharecast News) - European insurers should outperform the market in 2019, RBC Capital Markets predicted, with strong balance sheets and stronger pricing boosting earnings, though Standard Life Aberdeen was downgraded.
Read moreSector movers: Sinking tide drags down all ships
6th Dec 2018 14:33
(Sharecast News) - Every single sector was in the red on Thursday as the FTSE 100 and 250 indices finished around two-year lows amid a general market sell-off sparked by renewed worries about US-China trade relations.
Read moreLegal & General lifts pensions risk transfers to £8.4bn
8th Oct 2018 08:28
(Sharecast News) - Legal & General has bought out the £2.4bn Nortel Networks UK pension plan, taking its pensions transactions to a record £8.4bn for the year for its pension risk transfer business.
Read moreLegal & General completes biggest ever UK bulk annuity with BA pension scheme
13th Sep 2018 07:19
(Sharecast News) - Legal & General Group has completed a £4.4bn buy-in for the British Airways pension scheme, Airways Pension Scheme (APS), covering nearly 22,000 pensioners, it announced on Thursday.
Read moreL&G delivers solid first half and pledges 'extremely busy' second
9th Aug 2018 07:10
(Sharecast News) - Legal & General grew first-half profits more than expected and, although the life insurer's earnings were down and cash returns lower than might be hoped, an "exceptionally busy" second half is anticipated.
Read moreWhistleblowers report L&G to FCA over compliance failures
31st Jul 2018 11:12
(Sharecast News) - Employees at Legal & General have reported the company to the Financial Conduct Authority over alleged compliance and risk failures at the insurer's £1trn asset management arm, the Financial Times reported.
Read moreLondon close: FTSE falls on dollar dip, ex-divs and tendency to gold safety
16th Feb 2017 17:00
(ShareCast News) - London equities limped to a lower close Thursday, pulled down by a trinity of factors including dollar weakness, a tendency to safe-haven gold and ex-dividend stocks. These combined to see the FTSE 100 down 0.34% to 7,277.92, and the FTSE 250 down -0.65%% to 18,705.72. Both ladder
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