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Friends Provident plc

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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

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

Big problem in making boards behave

20.07.09
Sir David Walker last week unveiled proposals to encourage shareholders to take more interest in their investments in the hope that their greater involvement would prevent a recurrence of the boardroom failures that contributed to the banking debacle ... 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

Shares on climb as talk of takeovers whets appetites

13.07.09
Shares rallied from opening falls after several billion pounds' worth of takeovers were dangled in front of City speculators in order to whet their appetites ... more

Middlesex enjoy stroke of luck

21.05.09
Middlesex sneaked into the quarterfinals of the Friends Provident Trophy after rain meant rivals Warwickshire fell one run short of beating Kent at Edgbaston... more

Joe Denly ton gives Middlesex hope after appeal loss

20.05.09
Cricket: Joe Denly rescued Kent in their Friends Provident Trophy clash against Warwickshire at Edgbaston this morning when hitting a century — and that was good news for Middlesex... more

Ashes venue is penalised for having a poor pitch

19.05.09
Cricket: Glamorgan have been docked two points for preparing a "poor" pitch at the venue that will host the first Ashes Test on 8 July... more

Australia star Phillip Hughes flops with bat again

14.05.09
Cricket: Australia's Phillip Hughes — a sensation in the county championship — continued his mediocre one-day form after being dismissed early on in Middlesex’s Friends Provident Trophy Group B clash with Scotland... more

Mark Ramprakash century lifts ailing Surrey

13.05.09
Cricket: Mark Ramprakash has put Gloucestershire’s unbeaten run in the Friends Provident Trophy to the test with a century for Surrey in their Group C clash at the Brit Oval... more

England are desperate to make up for winter agony, insists Paul Collingwood

12.05.09
Cricket: Paul Collingwood has revealed England are still motivated by revenge for their series defeat in the Caribbean, even though they won the First Test against the West Indies at Lord's by 10 wickets... more

Our guide to the county cricket season

15.04.09
Cricket: As the new domestic cricket season gets underway we take a look at each club's prospects for the year ahead... more

New Friends chief gets £4.6m greeting

14.04.09
Trevor Matthews, the financier poached from Standard Life to run Friends Provident last year, received a £4.6 million golden hello from his new employer... more

F&C swings axe again and 60 face exit

17.12.08
Economy: Fund management giant F&C Asset Management has announced its second jobs cull in four months as it admitted it is facing "downward pressure on revenues and margins"... 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

Friends grabs 30% of Malaysia life firm in £30m deal

28.11.08
Insurance: Troubled life and pensions firm Friends Provident today snapped up a 30% stake in a Malaysian life business for £30 million.... more

Crunch sends work stress levels soaring

05.11.08
A drive to tackle soaring levels of stress in the workplace was launched amid research showing the credit crunch was putting extra pressure on staff... more

Friends boss says fall in insurers' shares is 'irrational'

24.10.08
The chief executive of Friends Provident says the collapse of life assurers' share prices amid fears over their solvency was irrational... more

Market report: Oil-price decline ‘puts BG in takeover frame’

04.09.08
The steady slide in the oil price may have been good news for motorists and business, but it has played havoc with the share price of BG Group, and City speculators claim this leaves the oil and gas explorer vulnerable to takeover.... more

New Friends Provident chief facing tough task

07.08.08
Friends Provident chief exec Trevor Matthews has unveiled the daunting task he faces rebuilding the company's strategy... more

F&C is hobbled by rush to sell

06.08.08
Fund manager admitted uncertainty was hurting business as Friends Provident tries to unload its controlling stake ... more

Friends boosted by boom abroad

29.04.08
Friends Provident says sales are rising across the board... more

Friends turns back on new Flowers bid

31.03.08
Friends Provident feels strong enough to turn down a £3.5bn takeover bid from JC Flowers... more

A good idea that turned out bad

11.03.08
It is rare for a company to be destroyed by a good idea but that is effectively what happened to Friends Provident. Last year it tried to take over cash-rich Resolution Life as a way to continue to finance its own expansion in wealth management and traditional pension and insurance products... more

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