Legitimate https://legitimate.net/ Legitimate: Recent articles en-us 20 FTSE 100: London mixed as rate jitters soften StanChart's boost London's FTSE 100 had a subdued start as interest rate jitters rippled across the Atlantic and weighed down the rise of Standard Chartered 28 Jul 2023 08:38 UTC https://www.cityam.com/ftse-100-london-markets-mixed-as-rate-jitters-soften-standard-chartereds-boost/ https://www.cityam.com/ftse-100-london-markets-mixed-as-rate-jitters-soften-standard-chartereds-boost/ Charlie Conchie News Markets & Economics Business markets FTSE 100 Liontrust stretches GAM deadline as takeover saga set to continue Liontrust has stretched the deadline for its potential £96m takeover of Swiss rival GAM today amid a spat with a group of rebel shareholders. 28 Jul 2023 06:45 UTC https://www.cityam.com/liontrust-stretches-gam-deadline-as-spat-with-xavier-niel-backed-group-rages-on/ https://www.cityam.com/liontrust-stretches-gam-deadline-as-spat-with-xavier-niel-backed-group-rages-on/ Charlie Conchie News Business Investing Liontrust Tory peer's CMC Markets blames 'quiet' conditions as trading falls The trading shop run by Tory peer Lord Peter Cruddas said it had suffered a sharp slump in trading activity today. 27 Jul 2023 10:43 UTC https://www.cityam.com/tory-peers-cmc-markets-blames-quiet-conditions-as-trading-falls-sharply/ https://www.cityam.com/tory-peers-cmc-markets-blames-quiet-conditions-as-trading-falls-sharply/ Charlie Conchie News Business Fintech Investing London money managers reveal toll of turmoil as Jupiter assets rise Fund house Jupiter reported a bump in assets and a sharp rise in profits in a mixed morning of results for London’s money managers. 27 Jul 2023 08:04 UTC https://www.cityam.com/london-money-managers-reveal-toll-of-turmoil-as-jupiter-and-st-jamess-assets-rise/ https://www.cityam.com/london-money-managers-reveal-toll-of-turmoil-as-jupiter-and-st-jamess-assets-rise/ Charlie Conchie News Business Investing Asset Management Jupiter Fund Management Schroders grapples with 'industry headwinds' as assets slide Schroders grappling with “industry headwinds” as it notched a slide in assets under management but a boost in profits for first six months 27 Jul 2023 07:08 UTC https://www.cityam.com/schroders-grapples-with-industry-headwinds-as-assets-slide/ https://www.cityam.com/schroders-grapples-with-industry-headwinds-as-assets-slide/ Charlie Conchie News Business Investing LendInvest founder Christian Faes: Why I left London for California Founder of fintech firm Lendinvest, Christian Faes, announced he was ditching London for the US last month - he tells City A.M. why. 27 Jul 2023 07:07 UTC https://www.cityam.com/lendinvest-founder-christian-faes-why-i-left-london-for-california/ https://www.cityam.com/lendinvest-founder-christian-faes-why-i-left-london-for-california/ Charlie Conchie News Business Fintech Investing Banks dish out £7.8bn in dividends as rising interest rates boost profits - CityAM UK banks have dished out bumper payouts to investors over the past three months as lenders rake in profits on the back of rising interest rates, according to new research. 27 Jul 2023 07:00 UTC https://www.cityam.com/banks-dish-out-7-8bn-in-dividends-as-rising-interest-rates-boost-profits/ https://www.cityam.com/banks-dish-out-7-8bn-in-dividends-as-rising-interest-rates-boost-profits/ Charlie Conchie News Markets & Economics banking Business Investing Lookers deal back on the table after fresh £504m swoop Car seller Lookers looks set to become the latest firm to be plucked from London’s markets after its board announced a fresh £504m take-private deal after a previous offer collapsed last week. 27 Jul 2023 06:51 UTC https://www.cityam.com/lookers-take-private-deal-back-on-the-table-after-fresh-504m-swoop/ https://www.cityam.com/lookers-take-private-deal-back-on-the-table-after-fresh-504m-swoop/ Charlie Conchie News Business Investing Sport Business Lookers Cut the crap: City firms under pressure to strip out shareholder legalese Top City firms must ditch impenetrable legalese and dense corporate-speak in their shareholder missives, experts have warned. 27 Jul 2023 05:00 UTC https://www.cityam.com/cut-the-crap-city-firms-under-pressure-to-strip-out-shareholder-legalese/ https://www.cityam.com/cut-the-crap-city-firms-under-pressure-to-strip-out-shareholder-legalese/ Charlie Conchie News Jobs and Money Markets & Economics Business Investing Reckitt: Durex maker sales swell as price hikes offset volume slump Reckitt Benckiser, maker of durex and Dettol, said ramping up prices had helped soften the blow of a volume slowdown in the first six months 26 Jul 2023 07:25 UTC https://www.cityam.com/reckitt-durex-makers-sales-swell-as-price-hikes-offset-volume-slump/ https://www.cityam.com/reckitt-durex-makers-sales-swell-as-price-hikes-offset-volume-slump/ Charlie Conchie News Business WANdisco: Crisis-hit firm calls in Stephen Kelly to steady the ship WANdisco announced tech stalwart Stephen Kelly will stay on as chief after the firm was readmitted to trading following a fraud scandal 26 Jul 2023 06:30 UTC https://www.cityam.com/wandisco-crisis-hit-tech-firm-calls-in-tech-stalwart-stephen-kelly-to-steady-the-ship/ https://www.cityam.com/wandisco-crisis-hit-tech-firm-calls-in-tech-stalwart-stephen-kelly-to-steady-the-ship/ Charlie Conchie News Business Technology wandisco City risks 'watering down' London rules in red tape bonfire, FTSE bosses warns City watchdogs are at risk of “watering down” standards in London as government throws its weight behind reform, FTSE bosses have warned. 25 Jul 2023 16:07 UTC https://www.cityam.com/city-watchdogs-risk-watering-down-london-rules-in-red-tape-bonfire-ftse-bosses-warn/ https://www.cityam.com/city-watchdogs-risk-watering-down-london-rules-in-red-tape-bonfire-ftse-bosses-warn/ Charlie Conchie News Markets & Economics Business Investing markets GAM takeover: Rebels call on regulator to block 'deceptive' claims Rebel GAM shareholders trying to block a takeover by Liontrust have called on regulators to block “deceptive” claims over their own offer. 25 Jul 2023 09:49 UTC https://www.cityam.com/gam-takeover-rebel-shareholders-urge-regulator-to-block-deceptive-claims-as-liontrust-spat-erupts/ https://www.cityam.com/gam-takeover-rebel-shareholders-urge-regulator-to-block-deceptive-claims-as-liontrust-spat-erupts/ Charlie Conchie News Business Investing Liontrust Bridgepoint hopes for deals rebound later this year as sluggish exit market hits income Bridgepoint was hoping for a rebound in dealmaking in the second half, after its investment income slumped in the first six months 25 Jul 2023 07:01 UTC https://www.cityam.com/bridgepoint-hopes-for-deals-rebound-later-this-year-as-sluggish-exit-market-hits-income/ https://www.cityam.com/bridgepoint-hopes-for-deals-rebound-later-this-year-as-sluggish-exit-market-hits-income/ Charlie Conchie News Business Investing markets FTSE 100 firms shutting out DIY investors with corporate mumbo-jumbo, investment platform warns FTSE 100 bosses are shutting out amateur investors from the market by using corporate waffle and overly technical language in their shareholder communication, a top investment platform has warned. 24 Jul 2023 15:38 UTC https://www.cityam.com/ftse-100-firms-shutting-out-diy-investors-with-corporate-mumbo-jumbo-investment-platform-warns/ https://www.cityam.com/ftse-100-firms-shutting-out-diy-investors-with-corporate-mumbo-jumbo-investment-platform-warns/ Charlie Conchie News City A.M. Content Business Wave of pension mergers looms as Hunt presses on with reform A wave of consolidation is looming in the UK’s pension sector as master trusts guzzle up peers and government backs reform, Smart has said. 24 Jul 2023 13:49 UTC https://www.cityam.com/wave-of-pension-mergers-looms-as-hunt-presses-on-with-reform/ https://www.cityam.com/wave-of-pension-mergers-looms-as-hunt-presses-on-with-reform/ Charlie Conchie News Business Investing Money Pensions Atom Bank swings to first profit as juicy rates tempt in savers Atom Bank has notched its first full year of operating profit after jacking up savings rates and nearly doubling its customer base. 24 Jul 2023 08:52 UTC https://www.cityam.com/atom-bank-swings-to-first-profit-as-juicy-rates-tempt-in-savers/ https://www.cityam.com/atom-bank-swings-to-first-profit-as-juicy-rates-tempt-in-savers/ Charlie Conchie News banking Business Fintech Investing Liontrust waives key GAM offer term after spat with rival bidder Liontrust has backed down on a key condition of its offer for GAM today after facing resistance from a rival group of shareholders. 24 Jul 2023 06:34 UTC https://www.cityam.com/liontrust-waives-key-gam-offer-term-after-spat-with-rival-bidder/ https://www.cityam.com/liontrust-waives-key-gam-offer-term-after-spat-with-rival-bidder/ Charlie Conchie News Markets & Economics Business Investing markets City firms feel the pinch as FCA ramps up action The FCA has tightened the screws on City firms as it shut off nearly 30 per cent more companies than in the previous year. 20 Jul 2023 15:00 UTC https://www.cityam.com/city-firms-feel-the-pinch-as-fca-ramps-up-action/ https://www.cityam.com/city-firms-feel-the-pinch-as-fca-ramps-up-action/ Charlie Conchie News Business Investing markets FCA CVC raises $26bn for record-breaking buyout fund - CityAM Buyout giant CVC has raised a record-breaking $26bn for its latest fund making it the single biggest buyout vehicle in history. 20 Jul 2023 12:41 UTC https://www.cityam.com/cvc-raises-26bn-for-record-breaking-buyout-fund/ https://www.cityam.com/cvc-raises-26bn-for-record-breaking-buyout-fund/ Charlie Conchie News Markets & Economics Business Investing