trending Market Intelligence /marketintelligence/en/news-insights/trending/XLiTNqs_pqAJBWJXkiAeqw2 content esgSubNav
In This List

UK FCA approves Phoenix Group's Abbey Life takeover

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


UK FCA approves Phoenix Group's Abbey Life takeover

Phoenix Group Holdings said Dec. 13 that it received approval from the U.K. Financial Conduct Authority for its proposed acquisition of Deutsche Bank AG's Abbey Life U.K. insurance business.

Completion of the transaction is expected to take place Dec. 30.

The Abbey Life business comprises Abbey Life Assurance Co. Ltd., Abbey Life Trustee Services Ltd. and Abbey Life Trust Securities Ltd.