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Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 231.10
Bid: 231.90
Ask: 232.10
Change: -0.20 (-0.09%)
Spread: 0.20 (0.086%)
Open: 231.20
High: 232.60
Low: 228.70
Prev. Close: 231.30
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MOVES- Pimco, Citigroup, BNY Mellon, Societe Generale, Goldman Sachs

Wed, 11th Feb 2015 20:49

(Adds Goldman Sachs, Citigroup, BNY Mellon, ArrowpointPartners, GE Capital and Mirae Asset)

Feb 11 (Reuters) - The following financial services industryappointments were announced on Wednesday. To inform us of otherjob changes, email moves@thomsonreuters.com.

MIRAE ASSET

The asset manager appointed Sander van Ouwerkerk as head ofBenelux and Nordic sales, to spearhead a push into the region.

GE CAPITAL CORP

The finance arm of U.S. conglomerate General Electric Co,appointed Isabel Fernandez as chief commercial officer.

ARROWPOINT PARTNERS

The Denver, Colorado-based asset manager, said it hiredVipul Shah and Michael Novoseller to its direct platform basedin New York.

CITIGROUP INC

The bank hired Matt Swann to be head of technology for itsglobal cards and payments businesses, a Citigroup spokeswomansaid on Wednesday.

BNY MELLON

The bank named Judy Barton as a senior wealth director forbusiness development in its Dallas office.

GOLDMAN SACHS GROUP INC

The bank named Alison Mass and Alasdair Warren globalco-heads of its financial sponsors group, which advises privateequity firms on their deals, according to an internal memo.

Goldman also promoted media and telecommunications bankerAndry Gordon to become global chairman of investment bankingservices, according to an internal memo sent to investmentbanking staff.

PACIFIC INVESTMENT MANAGEMENT CO (PIMCO)

The company hired Joachim Fels, formerly managing directorand chief economist at Morgan Stanley, as the world'sbiggest bond manager continues to bolster its ranks after aleadership shake-up over the last year.

Fels will join as a managing director and global economicadviser.

SOCIETE GENERALE CORPORATE & INVESTMENT BANKING

French bank Societe Generale's division appointedImtiaz Shefuddin and Frances Cheung to bolster its researchcapabilities in the Asia Pacific region.

LEGAL & GENERAL INVESTMENT MANAGEMENT (LGIM)

The fund arm of British insurer Legal & General said it had appointed Omar Saeed as a senior portfolio managerto its global fixed income team.

INVESTEC INVESTMENT BANK & SECURITIES

Lender and asset manager Investec Plc's investmentbanking arm appointed Paul Locke and Darren Vickers to itsclosed-end fund team. Locke and Vickers join the firm fromWesthouse Securities.

BGC PARTNERS INC

The U.S. interdealer broker said Chief Financial OfficerGraham Sadler would retire. The company said it would begin asearch for a new CFO immediately and Sadler would stay until asuccessor is found. (Compiled by Neha Dimri in Bengaluru)

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13 Jun 2024 09:18

IN BRIEF: Legal & General starts GBP200 million share buyback

Legal & General Group PLC - London-based insurer - Launches on Thursday the GBP200 million share buyback programme it had announced on Wednesday. Contracts Barclays Capital Securities Ltd to conduct the buyback, which is expected to be completed by December 12. The buyback for 2024 was announced as part of a strategy review. L&G will focus on three core divisions to create a "simpler and better-connected business". L&G said it intends to return more to shareholders over 2024 to 2027, through a combination of dividends and buybacks.

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London stocks rise as early rate cut bets revive; Fed decision in focus

FTSE 100 jumps 0.8%, FTSE 250 adds 1.1%

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(Alliance News) - European stocks recovered on Wednesday, with a favourable US inflation reading handing equities a boost before the Federal Reserve interest rate decision later.

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12 Jun 2024 15:00

London close: Stocks rise as US inflation undershoots forecasts

(Sharecast News) - London stocks closed higher on Wednesday as investors reacted to economic data from the US and the UK, with lower-than-expected inflation figures from the United States and uninspiring GDP data from the UK.

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12 Jun 2024 12:08

LONDON MARKET MIDDAY: London up ahead of US Fed and inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, ahead of an interest rate decision and inflation data from the US.

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(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off news that the UK's economy stalled in April.

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12 Jun 2024 09:06

TOP NEWS: L&G restructuring plans and buyback get lukewarm response

(Alliance News) - Legal & General Group PLC on Wednesday announced plans for a "simpler and better-connected business", focused on three core divisions, alongside a share buyback, as new Chief Executive Antonio Simoes attempts to make his mark on the London-based insurer.

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12 Jun 2024 08:22

Legal & General plans $250 million share buyback, merges investment units

LONDON, June 12 (Reuters) - British life insurer Legal & General is planning a 200 million pound ($254.9 million) share buyback and a merger of its investment units, it said on Wednesday, as it looks to boost returns by moving towards less capital-intensive business.

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12 Jun 2024 07:49

LONDON BRIEFING: Stocks called up; UK economy comes to halt in April

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12 Jun 2024 07:13

Legal & General unveils £200m buyback and restructuring plan

(Sharecast News) - Insurance, retirement and investment services group Legal & General has announced a £200m share buyback as it set out plans to restructure the business into three core units and promised to increase shareholder returns.

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7 Jun 2024 19:29

IN BRIEF: Legal & General Chair John Kingham buys GBP20,025 shares

Legal & General Group PLC - London-based insurer and asset manager - Chair John Kingham buys 7,978 shares at 251.50 pence each. Worth total GBP20,025.

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