(Alliance News) - Old Mutual Ltd on Wednesday announced a share buyback plan, but reported that it had taken a tax hit that damped its interim earnings. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, as markets digest the US Federal Reserve chair's apparent dovish tilt last week and the recent order by US President Donald Trump to dismiss Governor Lisa Cook. Read More
(Alliance News) - Old Mutual Ltd reported on Tuesday it expects its interim earnings to decline, but indicated that results from operations are on track to register growth. Read More
Old Mutual Ltd - Anglo-South African financial services firm - Promotes Prabashini Moodley to chief executive officer of its "newly configured" Life & Savings segment from August 1. Moodley will report directly to group CEO Jurie Strydom. Moodley is the managing director of Old Mutual Corporate. She joined Old Mutual in 2002 and qualified as an actuary shortly thereafter. Read More
(Alliance News) - London's FTSE 100 was called higher on Friday, as the UK government prepares to sell its remaining stake in NatWest and a US appeals court allows the temporary continuation of President Donald Trump's global trade levies. Read More
(Alliance News) - Old Mutual Ltd on Thursday said its Africa Regions markets experienced a "mixed macro performance" in the first quarter of the year, as it noted the impact of tariffs, donor funding, inflationary pressures and currency volatility. Read More
(Alliance News) - London's FTSE 100 is set to open higher on Tuesday, ahead of a central banking bonanza which kicks off with decisions from the Bank of Japan and Federal Reserve on Wednesday. Read More
(Alliance News) - Old Mutual Ltd on Tuesday reported "solid" financial performance last year, driven by swelling assets under management and higher insurance premiums. Read More
(Alliance News) - Old Mutual Ltd said on Wednesday it expects to deliver "solid" performance for 2024, though loss on the disposal of subsidiaries and an impairment charge is likely to cast a shadow on results. Read More
Old Mutual Ltd - Anglo-South African financial services firm - Appoints Nomkhita Nqweni as chair of its unit OM Bank Ltd. Says Nqweni has resigned as a non-executive director of Old Mutual from close of business on Monday this week. This follows the approval by the South African Reserve Bank's Prudential Authority of the OM Bank board. Clarence Nethengwe is the chief executive officer of OM Bank. Read More
(Alliance News) - Old Mutual Ltd said on Tuesday that sales momentum continued into the third quarter of 2024 and indicated that it is "well positioned" to deal with influx of claims related to the two-pot retirement regime. Read More