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‘Homeless billionaire’ set to take over Pearl with £520m Pearl steps up battle of the zombies with its float plan Pizza king with a firm base to get through downturn

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Insurer Pearl puts a full London listing on agenda

11.11.09
Pearl Group, the outfit set up by Hugh Osmond to manage a closed book of insurance policies, is pushing for a full stock market listing in London next year ... more

Rock boss Sandler set for Pearl job

08.09.09
Ron Sandler, the man who shepherded Northern Rock back from the abyss after the former building society became the first UK bank to be bailed out by the taxpayer in the credit crunch, looks set to take on another major job ... 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

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

City Spy: Merrill bonus for Bank of America

07.07.09
Bernie Madoff, Allen Stanford and the other credit-crunch rogues have given wealth management a bad name but the industry itself is hardly on its knees. The Scorpio Partnership's newly released annual survey of the global wealth business found that assets under management slumped by an average of 15.7% in 2008 while profits at private banks crashed by 32.9% ... more

Sweet deal puts Pearl in shape, at a high price

29.06.09
Hugh Osmond's Pearl Group was put back on the road today... more

Place your bets in bookies’ bonanza

04.06.09
Bookmakers, always keen to attract the punters, are hyping this weekend as a £400 million betting bonanza — with the Derby at Epsom, England against Kazakhstan football, the Lions Tour, the Turkish Grand Prix, Twenty20 World Cup Cricket and the opening weekend of Big Brother ... more

‘Homeless billionaire’ set to take over Pearl with £520m

03.06.09
Hugh Osmond is selling a controlling stake in his Pearl insurance empire to one of America’s most unusual financiers ... more

Interview: Channel 4 boss Luke Johnson, blackballed by the Garrick Club

29.05.09
Come on, I say, to Luke Johnson, it must have hurt? The chairman of Channel 4 and serial entrepreneur shrugs. "Not really," he says. "I am able to laugh about it."... 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

Banks, bondholders in battle for control of troubled Pearl

30.04.09
A battle for control of Hugh Osmond’s Pearl insurance group was hotting up as banks and bondholders jostle for position ... more

Hugh’s leaving home – if he’s not kicked out first…

28.04.09
Hugh Osmond is mad as hell, and he isn’t going to take it any more. The pizza guy-turned-insurance entrepreneur is so enraged at the prospect of being taxed on his pay at 50% that he may flounce out of the country ... more

Supertax 'hits capital four times harder than rest of UK'

27.04.09
Alistair Darling's "soak the rich" Budget will hit London four times harder than the rest of the UK and leave high earners paying nearly £5billion in extra taxes, the Mayor's senior aides claim... more

Canary Wharf buys back its debt for a song

09.04.09
The owner of Canary Wharf revealed it has bought back nearly £120 million of its debt for as little as 21p in the pound... more

Pearl steps up battle of the zombies with its float plan

08.04.09
The City was dubbing it the Battle of the Zombie Kings today after Hugh Osmond’s Pearl Group said it will float on the London stock market, following hard on the heels of his arch-rival Clive Cowdery, who floated his Resolution late last year... more

How to end up inside - a fool's guide to insider trading

31.03.09
... 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

Cameron under fire for 'populist attacks'

19.02.09
David Cameron came under fierce attack from a Tory donor for resorting to populist attacks on the City... more

'Robust' Clapham defies the downturn

10.12.08
Leisure: Lavish lunches may be out, but the casual dining market is coping with the downturn better than most industries... 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

Pizza king with a firm base to get through downturn

30.10.08
Former Pizza Express owner Hugh Osmond has been nominated as the best credit crunch survivor in Esquire's 2008 Man At The Top Awards... more

Henderson shocks City with alert on profits

09.10.08
Henderson, the £52 billion City fund manager, stuns investors with a profits warning ... more

Fixing this crisis is too big for one government

07.10.08
The best bet for saving our ailing banks is for governments to buy into them. But it will also require action at a truly international level... 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

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

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

Is it too late to stop this City exodus?

13.05.08
Gordon Brown might be considering last-minute changes to corporation tax but some heavyweight businesses are already making plans to leave... 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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