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Lloyd's of London insurance has appointed its first ever female chief executive in its 325-year history, succeeding Richard Ward.

Market Report: Hopes of fiscal cliff deal lift festive mood

Hopes of a deal in the United States fiscal cliff negotiations lifted stock markets across the world yesterday and boosted feelings that 2012 will end on an economic high. While a record-breaking Santa Rally is almost certainly out of the question, experts said positive news from across the pond could propel markets beyond their current level.

Investment View: It's a good time to be a commercial landlord in capital

Increasingly, London might just as well be considered a separate country when set against the rest of the UK. It's more diverse, it's more liberal in terms of its social attitudes, and its economy is growing really rather nicely.

Aquiline grabs Red Star at £87m

Aquiline Capital Partners, a private-equity firm led by the son of former AIG boss Hank Greenberg, has snapped up Lloyd's of London insurer Equity Red Star for £87m.

The Business Matrix: Thursday 13 December 2012

Puma chief quits after slowdown

Buyer closing in on Red Star

Aquiline Capital Partners, a private-equity firm led by the son of former AIG boss Hank Greenberg, is in the driving seat to buy Lloyd's of London insurer Equity Red Star.

Bidding war begins for troubled Lloyd's insurer

Edi Truell's Tungsten is favourite in race to buy motor insurer Equity Red Star

The Business Matrix: Tuesday 13 November 2012

High street set for festive growth 

We could usefully put eggs in other baskets – but the City is a major part of the economy

The City has become a careless shorthand for the banks and the bad bankers housed within

James Moore: An odd problem for Lloyd's: too much cash undeterred by a run of disasters

Outlook: Lloyd's of London was once the City's problem child. It's now the class prefect. That was driven home by yesterday's results: the insurance market posted its best half-yearly profits for five years.

James Ashton: Continuity creeps back in but it's no bad thing

These past two weeks were meant to be a good time to bury bad news. But much of the corporate trading updates simply confirmed what we already knew.

Blow for NBNK as Co-op is set to buy Lloyds branches

Lord Levene's bid to create a new force in retail banking was thwarted for a second time last night after Lloyds Banking Group said it planned to sell more than 632 branches to the Co-op in a deal worth up to £1.5bn just hours after a last-ditch bid to scupper the tie up.

Lloyds set to press ahead with sell-off to Co-op

Verde deal agreed and talks begin after 11th-hour counter bid from NBNK fails

Anthony Hilton: Discomfort and excitement at Lord Mayor's banquet

Being invited to the Lord Mayor's annual banquet where he hosts the Chancellor of the Exchequer and Governor of the Bank of England has always aroused mixed feelings. On one hand there is the excitement of rubbing shoulders with the great and the good and being present in the Mansion House for one of the great set-piece occasions of the City. On the other is the sheer discomfort of the experience.

Aviva boss Andrew Moss quits amid pay criticism

Shareholders have claimed another high-profile scalp as Britain's biggest insurer announced the abrupt exit of its chief executive.

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