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Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 251.20
Bid: 251.50
Ask: 251.60
Change: 2.40 (0.96%)
Spread: 0.10 (0.04%)
Open: 247.60
High: 251.80
Low: 247.60
Prev. Close: 248.80
LGEN Live PriceLast checked at -

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Deutsche Bank and UBS plot asset management merger

Wed, 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.One option being studied was for UBS to spin-off its AM unit which would then merge with its German rival's DWS business, the Financial Times reported.Combined, the two would have assets under management of roughly €1.36trn, versus about €1.4trn for the current European leader, France's Amundi, and leapfrog the likes of Legal&General.But they would still be dwarfed by US peers Blackrock and Vanguard, who together had AuM of $11.7trn.A deal was not guaranteed nor an announcement imminent.As of 1154 BST, shares of UBS were up by 1.31% a Sfr13.57 and those of Deutsche Bank by 0.55% to €7.65.
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16 Jan 2023 15:48

L&G plans to vote against Capricorn leadership and NewMed merger

LONDON, Jan 16 (Reuters) - Asset manager Legal & General plans to take the rare step of voting to oust energy group Capricorn's senior leadership and halt its planned merger with NewMed, according to a company document seen by Reuters.

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10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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23 Nov 2022 13:32

Investors back call for UK firms to support low-paid workers

Aviva Investors, LGIM among those to join campaign

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21 Nov 2022 10:09

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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18 Nov 2022 16:58

LONDON MARKET CLOSE: FTSE 100 gains capped by falling oil prices

(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress.

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18 Nov 2022 12:18

LONDON MARKET MIDDAY: Stocks pick up and pound firms against dollar

(Alliance News) - Stocks in London were higher by midday on Friday, managing to shake off a gloomy economic backdrop, while the pound got a boost from market acceptance of Thursday's UK government budget.

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18 Nov 2022 09:09

LONDON MARKET OPEN: FTSE 100 looks to end week on high note

(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence.

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18 Nov 2022 08:29

TOP NEWS: Legal & General backs annual profit growth expectations

(Alliance News) - Legal & General Group PLC on Friday said its pension risk transfer business has continued to "perform strongly" with recent new-business wins.

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18 Nov 2022 07:56

LONDON BRIEFING: UK retail sales are better than forecast in October

(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month.

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18 Nov 2022 07:17

Legal & General reiterates guidance amid defined-benefit struggles

(Sharecast News) - Legal & General reiterated its full-year guidance in a trading update on Friday, for operating profit growth in line with the 8% it delivered in the first half, and capital generation of £1.8bn.

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16 Nov 2022 14:25

Britain's insurers become test case for post-Brexit 'unshackling'

LONDON, Nov 16 (Reuters) - The British government and the Bank of England are reforming insurers' capital rules, seen as a post-Brexit test of UK willingness to "unshackle" the City of London after leaving the European Union.

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16 Nov 2022 11:11

Bulkamania: dividend upgrades coming

STOXX 600 down 0.6%

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16 Nov 2022 09:26

LONDON BROKER RATINGS: Berenberg raises Kainos to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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7 Nov 2022 10:01

UK bond turmoil leaves smaller pension schemes with longer-term costs

Smaller schemes may seek more protection with bespoke LDI

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