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United Kingdom

Carolyn Cohn

Exclusive: With six months to go before Brexit, 630 finance jobs have left - Reuters survey

28 Sep 2018

LONDON As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain's surprise vote to leave the European Union, according to a new Reuters survey. | Video

Lloyd's of London Brexit chief quits for insurer Everest

31 Aug 2018

LONDON The head of Lloyd's of London's Brexit operations is leaving to join Everest Insurance, the specialist UK insurance market said on Friday.

Exclusive - Amazon considering UK insurance comparison site: sources

16 Aug 2018

LONDON Amazon.com Inc is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region's financial services.

EXCLUSIVE-Amazon considering UK insurance comparison site - sources

16 Aug 2018

LONDON, Aug 16 Amazon.com Inc is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region's financial services.

Asia drives profits as Prudential prepares for split in late 2019

08 Aug 2018

LONDON Insurer Prudential is unlikely to split into two before late 2019, it said on Wednesday as growth in Asia helped it beat first-half profit forecasts.

Standard Life Aberdeen H1 profit falls, buyback lifts shares

07 Aug 2018

LONDON First-half pre-tax profit at insurer and asset manager Standard Life Aberdeen fell 12 percent, with the firm's co-chief executives describing market conditions as challenging, but the early start of a buyback programme lifted its shares.

UK's West Yorkshire Pension Fund halves hedge fund investments

06 Aug 2018

LONDON A British government pension scheme that looks after local authority retirement pots in West Yorkshire has more than halved its stake in hedge funds in favour of other alternative assets, according to its latest annual report.

Icy roads, frozen pipes hit insurer RSA first-half operating profit

02 Aug 2018

LONDON Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA's first-half operating profit on Thursday, though results were in line with analyst forecasts.

Hedge fund manager Elliott cuts NXP exposure after Qualcomm deal fails

01 Aug 2018

LONDON Hedge fund manager Elliott cut its stake in NXP Semiconductors after Qualcomm , the world's biggest maker of chips for mobile phones, called off a $44 billion deal to buy NXP last week, a recent filing with the U.S. regulator showed.

Exclusive - Lloyd's of London reviews operations after losing £2 billion and CEO

31 Jul 2018

LONDON Lloyd's of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said.

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