Clive Cowdery on Friday declared that he has ... Resolution’s management invested £20m, or 3%, in the ... It is believed that institutional investors, including Prudential, ... Comment: While Resolution’s fundraising is quite an achievement ... First, the team behind new Resolution had an...
John Duffield, the founder of New Star Asset ... While possible options include hiving off a stake ... Duffield may also sell the business to Martin ... Duffield could acquire New Star himself but this...
Clive Cowdery, the insurance tycoon and the partners ... The arrangement, which will come into play after ... Neither chief executive John Tiner nor Cowdery will...
The three banks managing £1bn (€1.1bn) flotation of ... One equity capital market banker familiar with the ... He added that the prospect of Cowdery raising ... A second banker said that a minimum fee ... Citigroup, HSBC, Merrill Lynch, the bookrunners on the ... Resolution could not be reached for comment. ...
Clive Cowdery, the insurance entrepreneur, is moving ahead ... Cowdery has been courting investors over the past ... Lazard is lead coordinator for the listing, with...
Resolution Asset Management has hired a head of ... Tim Sweeting joins the firm from Credit Suisse ... He will report to Jonathan Polin, sales and ... After the two firms merge in November to ... A report on the asset management industry last ... He wrote: "The polarisation of flows to the...
Three banks are expected to win the mandate ... HSBC, Merrill Lynch and Citigroup met executives from ... However, a Resolution spokesman said: “No one has ... Cowdery, who founded Resolution in 2003, revealed this ... He said in a conference call on September ... Cowdery said he had been in takeover discussions...
The Bush administration on Saturday formally proposed an ... In a comprehensive document delivered to Congressional leaders, ... However, the rescue plan has run into political ... Meanwhile, economists warned that the bailout could undermine ... The Wall Street Journal, Comment:...
In what could represent the biggest bailout since ... Under the proposal, details of which remain unclear, ... The plan could be declared as early as...
US lawmakers are seriously exploring the possibility of ... Meanwhile, the US Treasury on Wednesday held a ... New housing starts in the US declined 6.2% ... The Wall Street Journal, Comment: ... It’s only a matter of time before the ... The RTC, which was established in 1989 amid...
US lawmakers are seriously exploring the possibility of ... The RTC, which was established in 1989 amid ... Barney Frank (D., Mass.), chairman of the House...
Resolution on Tuesday declared the hiring of John ... Phil Hodkinson, former group finance director at HBOS, ... Cowdery said the general insurance and reinsurance sector ... Setting November as the date for the listing, ... Mike Biggs has been named chairman of Resolution’s...
John Tiner, the former chief executive of the ... Tiner will be chief executive of the reformed ... Cowdery originally founded Resolution Ltd in 2003 as ... Cowdery's next project is to participate in the ... Cowdery has spent the summer talking to investors ... Cowdery is betting that Tiner's 25-year tenure at...