Allianz

A slowdown in the US is unlikely to have a major impact on BRIC countries and emerging markets, Allianz says.

Abbey National has reported a 31% hike in profits, slightly ahead of growth at its Spanish parent Banco Santander, reports the Scotsman .

TAKEOVER fever surrounding Scottish Widows heated up yesterday when rival Resolution Life confirmed it would be interested in buying the Edinburgh finance giant if it was for sale, reports the Scotsman.

UK MORTGAGE BANK Bradford & Bingley may have to set aside more money to cover liabilities related to the past mis-selling of endowment policies, the firm admitted to the City yesterday.

German insurer Allianz' fund management business is rebranding as Allianz Global Investors, dropping references to the Dresdner brand included in the creation of the London-based asset management business.