02/18/2013

Aviva mandates Barclays to sell Turkish unit

Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.

02/17/2013

Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels

The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.

02/17/2013

Man Group set for management shake-up

The overhaul will amount to a significant consolidation of Mr Roman’s own power base in the company and will indicate the extent to which he will exercise far more executive control over its day-to-day operation.