Resolution is moving smartly to integrate Friends Provident and Axa’s UK life arm, its two big deals so far, suggesting that another acquisition could be just around the corner... more
Resolution's £2.75 billion takeover of the UK life insurance arm of Axa is facing opposition from some in the City, because the directors are not taking up their share of the fundraising exercise that is paying for the deal... more
Six million Britons who took out savings schemes with Axa are told they have a new insurer as the UK life arm is sold to Resolution Life for £3.75 billion... more
You were not deemed criminal if you had access to insider information in the City, just lucky. It's the one surefire way of making money on the stock market... more
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
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
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
Friends shareholders were told today that Resolution’s takeover plan would pay them a minimum £1500 cash sweetener and preserve their dividend
... more
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
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
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
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
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do