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Trevor Matthews (Executive)

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Resolution still hungry for takeovers

12.11.09
Insurance takeover vehicle Resolution reckons it has digested Friends Provident and is ready for its next meal ... 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

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

£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

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

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

Friends pals up with Tesco in revival bid

28.04.09
Friends Provident unveiled a link-up with Tesco in a boost to new chief executive Trevor Matthews’ plan to turn around a business that has been floundering... 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

Friends 'strong' despite £871m loss

17.03.09
Trevor Matthews unleashed a flood of red ink in his first full-year results as chief executive of Friends Provident, but insisted the insurer is turning around... more

Sales slump hits Friends as chief eyes turnaround

27.01.09
Insurance: The size of the task facing the new boss of Friends Provident was laid bare when the insurer unveiled a slump in sales... 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

Friends gets new finance chief from rival insurer

07.11.08
Friends Provident has again raided rival insurer Standard Life to fill an executive spot... more

Friends scraps its sale thanks to meltdown

31.10.08
Life insurer Friends Provident abandons the sale of wealth management unit Lombard and its stake in F&C Asset Management as chaos in the financial markets scupper any deals... more

Financial crisis puts block on Friends sale

31.10.08
Life insurer Friends Provident abandons the sale of wealth management unit Lombard and its stake in F&C Asset Management as chaos in the financial markets scuppers any deals... 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

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

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

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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