LONDON, Sept 10- London Stock Exchange Group said on Wednesday that its shareholders have approved the company's planned $2.7 billion takeover of U.S. index compiler and asset management firm Frank Russell.» Read More
Burberry shareholders rejected a 20 million pound remuneration package for its new chief executive, Christopher Bailey. The Financial Times reports.
LONDON, June 26- The London Stock Exchange Group unveiled the largest acquisition in its history, snapping up U.S. group Frank Russell for $2.7 billion to boost its position in the world's largest financial services market and sending its shares surging.
LONDON, June 26- The London Stock Exchange Group said it planned to acquire U.S.-based asset manager and stock exchange provider Frank Russell for $2.7 billion, with the help of a $1.6 billion rights issue, as it ramps up its U.S. presence.
Xavier Rolet, CEO of the London Stock Exchange, says the purchase of Frank Russell gives the stock exchange the chance to become the world¿s number two player in index businesses.
The London Stock Exchange has bought Frank Russell for £1.6 billion ($2.7 billion). CNBC's Helia Ebrahimi reports.
May 20- The London Stock Exchange Group Plc has emerged as the preferred bidder for asset management group Russell Investments, the Financial Times reported, citing people familiar with the discussions.
Xavier Rolet, CEO of the London Stock Exchange, says Russian companies are still welcome on the London Stock Exchange despite geopolitical tensions in the country.
LONDON, May 13- The London Stock Exchange Group is in talks with the parent company of Russell Investments about a possible acquisition of the asset management and stock index firm.
*Euronext to list on Amsterdam, Brussels and Paris exchanges- source. *Euronext will later list on its Lisbon exchange- source. A spin-off of Euronext has been expected since ICE's $11 billion deal last year to take over NYSE Euronext, parent company of the New York Stock Exchange.
Xavier Rolet, CEO of the London Stock Exchange, says there is a "whole world" of non-bank finance that small- and medium-sized enterprises can tap in to.
Discount retailer Poundland and pet shop Pets at Home have priced their initial public offerings. CNBC's Helia Ebrahimi explains the details.
CNBC's Louisa Bojesen talks through the close of European markets.
Xavier Rolet, CEO of the LSE, expects the coming decade to be very "exciting" for the exchange industry as it's "on the cusp of fundamental changes".
The Bank of England's monetary policy committee voted unanimously against increasing its bond-buying program this month, minutes of new governor Mark Carney's first meeting revealed on Wednesday.
Xavier Rolet, CEO of LSE, comments on the exchange's full-year earnings, the U.K.'s "excellent" IPO performance in the past 12 months and the government's repeal of the financial transaction tax.
Xavier Rolet, CEO of LSE, comments on the exchange's full-year earnings, and the U.K.'s "excellent" IPO performance in the past 12 months.
Sir Thomas Harris, vice chairman of Standard Chartered, tells CNBC that the UK ratings downgrade was a disappointment but the financial services sector in Britain is incredibly agile and versatile.
Richard Perry, chief market strategist at Central Markets, gives CNBC a technical look at sterling's recent strength, as well as the FTSE's five day decline.
Nearly three years after Britain's Conservative-led government vowed to restore the country to financial health, the economy looks stuck in a rut and could already be in its third recession since 2008.
In tough times poverty stricken rural Romanian farm owners sell their old workhorses to slaughterhouses to make a little extra cash, and begin a process whereby horsemeat winds up on the dinner table.