A further bid for Hargreaves Lansdown would unlikely come at a significant premium, Citi said, after the U.K. investment manager rejected a surprise takeover offer from a private equity consortium backed by CVC.
Government bond markets await flash estimate French, German and eurozone PMIs, while the ECB’s negotiated wage index could receive more attention than usual as the effects of pay increases on inflation have become pivotal for the central bank, Commerzbank Research...
The insurer and asset manager said it was on track to meet targets after its general insurance gross written premiums reached $3.4 billion for the first quarter.
The aerospace and defense company said it continued to expect operating profit for the year in the £1.7-2 billion range after a strong start to the year despite industrywide supply-chain challenges.
Fasmer is currently CEO of SpareBank 1 SR-Bank, and has previously been a group executive vice president at insurance company Fremtind Forsikring and head of corporate banking at DNB Bank.
The private bank’s assets under management stood at $514 billion at the end of April, boosted by a positive currency impact and strong stock markets which was partly offset by lower bond market valuations.
