By Huw Jones LONDON, March 27 (Reuters) - Britain's financial regulator broke its own rules by failing to keep markets orderly when it mishandled the announcement of a review into life insurance policies, lawmakers said on Friday. In a scathing 89-page report, the lawmakers said the F
Read more(Refiles to correct spelling of Bank of Canada's Poloz in advisory line) By David Milliken and Huw Jones LONDON, March 26 (Reuters) - The Bank of England said on Thursday that it planned to quiz British asset managers about whether they could cope with a flood of investors asking for
Read moreLegal&General: Canaccord Genuity reiterates hold and raises target to 290p from 240p. Standard Chartered: JP Morgan Cazenove reiterates overweight and lifts target to 1,250p from 1,050p. Vesuvius: Credit Suisse reiterates underperform and hikes target 460p from 405p. Marks&Spencer: Investec reit
Read moreLONDON, March 20 (Reuters) - The Bank of England said on Friday that it would apply new European Union insurance regulations "proportionately", following industry fears that the central bank might seek to add extra rules for companies based in Britain. The so-called Solvency II rules, which
Read more(Adds details of evidence, quotes, background) By Kirstin Ridley LONDON, March 19 (Reuters) - A former trader at U.S. hedge fund Moore Capital was sentenced to 19 months in jail by a London court on Thursday after becoming the third man to plead guilty in Britain's largest insider dea
Read moreLONDON, March 19 (Reuters) - A former trader at U.S. hedge fund Moore Capital was sentenced to 19 months in jail by a London court and fined 100,000 pounds ($147,370) on Thursday after becoming the third man to plead guilty in Britain's largest insider dealing investigation. Julian Rifat,
Read moreAviva: Credit Suisse reiterates outperform and 610p target price. Legal&General: JP Morgan Cazenove ups target to 220p from 212p and reiterates underweight. Glencore: Investec reiterates buy and takes target to 328p from 306p. John Wood Group: Canaccord Genuity reiterates hold and lowers target to
Read more* Retirees to spend pension pot as they choose from April 6 * Concern of advice gap, that some may opt to blow cash * Firms jockey for position, insurers set to lose more business By Carolyn Cohn EDINBURGH, March 13 (Reuters) - Weeks before Britons get free rein over how t
Read moreLONDON, March 10 (Reuters) - Legal & General Capital, a unit of UK insurer Legal & General, said on Tuesday it has bought a 50 percent stake in Peel Group's MediaCityUK scheme in Manchester. MediaCityUK, a UK media campus that is valued at 503 million pounds ($757 million), aims to be a bro
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