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Legal & General Group plc

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Slam on the brakes and avoid a bubble

13.11.09
Restricting the air supply: Aviva took £1bn of property off the market, including its half-share in Bentalls, to avoid an overheated market as property rises... more

Metals add lustre to miners as dollar is in the doldrums

09.11.09
The price of gold traded at a record high of $1108.00 an ounce on world markets today in response to a weaker dollar ... more

Investment banks face clampdown over high fees

26.10.09
Investment banks could face attack from the Government over ripping off companies who go to the City to raise funds... more

Legal & General ‘to buy Lloyds’ property assets’

23.10.09
Legal & General, the UK’s biggest pension fund manager, was today in talks about buying property assets from Lloyds Banking Group, according to insiders ... more

Deutsche’s chorus of ecstasy gives strong fillip to insurers

30.09.09
Life insurers were shining again today as bid rumours continued to ignite the sector and Deutsche Bank gave a glowing verdict on its prospects ... more

Twitter is like 'internet shopping for burglars'

27.08.09
Social networking sites are like internet shopping for burglars with users revealing details about their home and whereabouts to complete strangers, an insurer warned... more

So who’s smiling with Cowdery?

12.08.09
The Friends Provident/Resolution merger is a great deal. For a very small number of people. Resolution founder Clive Cowdery in particular has done well ... ... more

Force no longer with Foster's 'Darth Vader' skyscraper

04.08.09
One of Lord Foster's most daring designs to date - an office block resembling Darth Vader's helmet - is unlikely to be built after its developers fell victim to the credit crunch... more

Insurers’ policy change set to excite

09.07.09
In a week when the Government has proposed tougher capital requirements for banks, it is instructive to see the effect of a similar directive applied elsewhere ... more

Tough ‘deal or no deal’ call for L&G

06.07.09
From the very first days of this crisis, Legal & General’s Tim Breedon has understood that it is about capital. Hence the tough decision to slash the dividend — tough for the shareholders to accept, tough to recommend but, in a capital-constrained world, a prudent move ... more

Legal & General backs Vinke over attack on HSBC strategy

18.06.09
Legal & General, the largest shareholder in HSBC, has broken ranks and offered public support for activist investor Eric Knight... more

Divi cuts should not be an option

28.05.09
Last time we were in recession in the Nineties, boards were so scared of the likely reaction of institutional investors if they suggested a dividend cut that they continued paying, even when the profits were not there, by dipping into reserves accumulated in the earlier good times ... more

Jobs toll at L&G grows by 560

12.05.09
There were yet more job cuts in the insurance industry today when Legal & General said it would axe another 560 positions, mostly in call centres ... more

Aviva takes a tumble after L&G moves to save £120m

25.03.09
Life assurer Aviva’s generous dividend policy was back in the spotlight today after one of its fiercest rivals, Legal & General, decided to cut its payout to shareholders in order to conserve £120 million of cash.... more

L&G leads fallers on fears dividend will be trimmed

24.03.09
Legal & General was the biggest blue-chip casualty today, losing 3.5p to 41.4p ahead of results tomorrow that are expected to produce a cut in the payout to shareholders.... more

Fitch slaps a debt downgrade on L&G

13.03.09
Legal & General suffered a fresh blow when ratings agency Fitch downgraded its assessment of the insurer... more

Shareholders must raise their game to stop the rot

13.03.09
After two years in which the market value of the banking sector as measured by the FTSE 100 index has gone from £325 billion to £35 billion, it is surprising how rarely people ask what the institutional shareholders were doing when the bank managements were setting off down the path to destruction... more

RBS has bears on the run despite that record loss

26.02.09
Banks led the charge on the stock market this morning with Royal Bank of Scotland cutting a swathe through the bears despite reporting a record £24.1 billion loss... 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

L&G policyholders share pain as bonuses are slashed again

19.02.09
Insurance: Legal & General policyholders became the latest people to share in the pain of the giant insurer as it slashed their annual and terminal bonus rates for the second time in five months... more

Market round-up: L&G short-sellers put the Footsie on downward trail

18.02.09
Shares on the London stock market briefly dropped back below the important 4000 resistance level today for the first time since October, as the short-sellers appeared to regain the upper hand in Legal & General.... more

Short-selling king spoils L&G bid to calm market fears

17.02.09
Insurance: Legal & General’s plans to convince the stock market that its finances are sound were immediately undermined after it emerged that short-selling king Crispin Odey is targeting the company... more

Rule-breaking is out of order

02.02.09
Peter Chambers, who as head of the investment arm of Legal & General is one of the most influential shareholders in the country, told the Treasury Select Committee last week how difficult it was to get boards and chief executives of companies to listen to the concerns of shareholders and act upon them... more

L&G looks a winner with £1.48bn sales

29.01.09
Investment: Legal & General could be one of the winners from the recession as consumers look to boost savings... more

Market report: Worries on debt exposure send the insurers reeling

23.01.09
Renewed fears about the financial sector hammered leading insurance groups, with investors increasingly worried about the insurance world's exposure to corporate debt, especially bank bonds. ... more

Market report: Investors look to rate cuts to beat the gloom

22.08.08
Dire predictions on the economy may abound, but the Bank Holiday spirit sent traders on a shopping spree ... more

Investment chaos sees L&G slide to £56 million

05.08.08
Legal & General’s post-tax profit has been slashed from £672 million this time last year... more

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