Tag Archives: multimillion pound


Pearl chief Hugh Osmond pays price for capital boost and debt cut

Times Online – Hugh Osmond is sitting on a multimillion-pound paper loss after his Pearl Group life assurer agreed a deal to trim its £3 billion debt burden and bring in new equity investors. Pearl secured a £500 million injection […]

FSA faces multimillion claim for failing to stop Terry Freeman trading

Times Online – The Financial Services Authority is facing a multimillion-pound compensation claim from a group of investors who say that the City watchdog failed to stop the activities of a suspected rogue trader. Former clients of GFX Capital Markets, […]