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£1.86bn deal for Friends but 700,000 are losing out Pledge to keep Friends divi in takeover plan Cowdery a candidate to take control of bailed-out bank Frustrated Cowdery walks away from B&B B&B bidder plans a new lease of life for banking 'zombies'

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Scottish Widows slump

03.11.09
The future of Scottish Widows was in the spotlight after it emerged sales at the pensions and insurance division of Lloyds Banking Group have cratered... more

Cowdery is no Quaker, but Montague has done his best

05.10.09
When I visited the office of Barclays chairman Marcus Agius recently, he proudly showed me a corridor, the walls of which were covered with portraits of the bank’s founders. Quakers. ... more

Morgan's praise fires up Vedanta

01.10.09
Vedanta Resources claimed first place on the Footsie winners' board as Morgan Stanley says the miner's shares could be worth a staggering £68 - even if metal prices hardly rise from their current levels... more

£1.86bn deal for Friends but 700,000 are losing out

10.08.09
Around 700,000 small investors in Friends Provident were today offered much less than half what the shares were worth at flotation eight years ago to sell their holding to insurance tycoon Clive Cowdery ... more

L&G talks down takeovers

04.08.09
Legal & General boss Tim Breedon today cast doubt on the wisdom of takeovers in the insurance sector, calling into question the strategy of Clive Cowdery’s Resolution ... more

Friends’ final Resolution rebuff

27.07.09
Life assurer Friends Provident today slammed the door on Resolution boss Clive Cowdery and said discussions about a possible tie-up were well and truly over... more

Pledge to keep Friends divi in takeover plan

20.07.09
Friends shareholders were told today that Resolution’s takeover plan would pay them a minimum £1500 cash sweetener and preserve their dividend ... more

Sweetener and divi pledge in takeover tilt at Friends

20.07.09
Friends Provident shareholders told that Resolution’s takeover plan would pay them a minimum £1500 cash sweetener and preserve their dividend... more

Pac-Man back as Friends Provident snaps at suitor Resolution

17.07.09
Pac-Man defence returns with a vengeance to the City as hunted insurer Friends Provident turns predator with a bid for Resolution... more

Prospect of bidding war sparks surge

13.07.09
Friends Provident shares rallied 10% as hope sparked of a bidding war for the 177-year-old insurer ... more

Resolution bid for Friends Provident rejected

13.07.09
Clive Cowdery, the zombie fund insurance tycoon who now runs Resolution, had his bid for insurer giant Friends Provident rejected ... more

Cowdery cleared in 'zombie fund' probe

08.05.09
Clive Cowdery, the zombie fund insurance guru who pocketed £150 million by selling Resolution Life to arch-rival Pearl in 2007, has been cleared of wrongdoing following an investigation by the Financial Services Authority ... more

Watchdog delay that’s unfair on Resolution

06.05.09
It is now two months since Resolution shook even the most jaundiced City investors with its announcement that the Financial Services Authority had decided to look again at the year-old deal that saw its previous business of closed life assurance funds being acquired (after a prolonged battle) by Hugh Osmond’s Pearl Group ... more

Cowdery is facing probe over £5bn sale to Pearl

09.03.09
Clive Cowdery, the “zombie fund” insurance guru who made £150 million by selling Resolution Life to Pearl last year, is under investigation by the ­Financial Services Authority... more

Resolution swoop talk spurs the Pru

23.02.09
Prudential shares are back in demand, rising 11½p to 296½p today amid mounting speculation its UK insurance business could be the first target of entrepreneur Clive Cowdery's investment vehicle Resolution... more

Resolution ready to stalk strugglers after raising £600m

05.12.08
Insurance: A vulture fund set up to prey on weak insurers and fund managers has revealed it has raised £600 million from investors keen to begin the hunt... more

As rates fall, it’s time to take on a little more risk

04.12.08
Some of the MPC's cut will be passed on in cheaper home loans, but more of it will be sliced off the rates for savers... more

Cowdery back to raise £1bn for a shake-up of the laggers

19.11.08
Insurance: Clive Cowdery, the vulture-fund investor who shook up the insurance industry, is back with a new venture... more

Cowdery a candidate to take control of bailed-out bank

09.10.08
The man who made investors £4.9 billion from zombie insurance funds could be the saviour of the banks' bailout.... more

Does Putin now have Rupert Murdoch in his sights?

10.09.08
NOW a peace of sorts seems to have broken out between BP and its Russian partners, the talk has turned in Moscow to which Western business partner might next fall foul of the combined business-state machine... more

Cowdery hires Tiner for £1bn float move

09.09.08
Finance: Clive Cowdery has announced he will float his financial services restructuring firm Resolution on the stock market this year, raising at least £1billion to fund new take­overs and deals... more

Resolution's Cowdery may yet take helm

04.07.08
Clive Cowdery, the Resolution boss who last week walked away from his attempted bailout deal for Bradford & Bingley, could still be called upon by shareholders to take over the running of the bank... more

Business must beware Russian control freaks

30.06.08
Vladimir Putin is no slouch. So when he says that he advised BP and its Russian billionaire partners not to set up a 50-50 joint venture, you have to think he is on to something... more

Frustrated Cowdery walks away from B&B

27.06.08
B&B shares crash 19% after Clive Cowdery dramatically throws in the towel on his plan to inject £400 million into the company... more

City leans on B&B to look at Cowdery's cash scheme

26.06.08
Pressure is mounting on Bradford & Bingley to open its books to Clive Cowdery's Resolution... more

B&B bidder plans a new lease of life for banking 'zombies'

25.06.08
PROFILE Maverick financier Clive Cowdery wants the troubles of Britain's second-tier lenders to be the catalyst for a new financial heavyweight. He's been here before... more

B&B shares soar as Texas Pacific defends strategy

24.06.08
Texas Pacific, the US private-equity firm injecting £179 million into Bradford & Bingley, said it sees the deal as part of a wider bid to consolidate smaller UK and European banks... more

Resolution back on buying prowl

01.05.08
Clive Cowdery is back with what he calls "Resolution the next chapter" ... more

There's life here, but not a great deal of hope

14.02.08
Would you buy a used life policy, or even a new one, from this lot? The mugs at the top of our life assurance companies appear to have hardly a clue what they're doing... more
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