Nomura is pursuing global acquisitions to expand its asset management business

Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Nomura’s CEO is on the hunt for global acquisitions to expand the asset management business of Japan’s largest brokerage and investment bank. Kentaro Okuda said in an interview with the Financial Times that the bank … Read more

Legal & General will expand pensions and sell housebuilder Cala

Legal & General’s new boss has announced a shake-up of the company, including a sharper focus on its booming pensions division and putting its housebuilding business up for sale. The insurance and asset management group’s new CEO, António Simões, a banker who started in January and previously worked for Santander and HSBC, promised a “simpler … Read more

BlackRock encouraged Anglo to expand discussions with BHP

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Anglo American has been pressured by major shareholders including BlackRock to expand talks with BHP over its proposed £38.6 billion mining mega-merger. Shareholders were key in convincing the FTSE 100 group to enter negotiations with … Read more