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Invesco Ltd. (IVZ)

- NYSE
  • Apr. 14, 2014, 11:12 AM
  • Apr. 11, 2013, 4:28 PM
    CIBC (CM) is buying Atlantic Trust Private Management from Invesco (IVZ) for $210M in cash. Atlantic Trust, which manages ~$20B in assets, allows CIBC to expand into the U.S. private wealth management market. The deal is expected to close in 2H13, be accretive to CIBC's FY14 EPS, and lower the bank's Basel III Tier 1 ratio by 20 bps. Invesco is holding a CC at 4:30PM ET (webcast). (PR)
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  • Mar. 25, 2012, 4:36 AM
    New U.K. banking firm NBNK will tomorrow make a sweetened £1.5B bid for 632 branches being sold by Lloyds (LYG), The Daily Telegraph reports. The new offer will come amid worries that the proposed £1.4B sale of the outlets to Co-op has hit regulatory problems. NBNK's investors include Blackrock (BLK), Invesco (IVZ) and Aviva (AV).
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Company Description
Invesco Ltd is an investment management companyoperating in more than 20 countries. Itprovides retail and institutional clients with an array of investment management capabilities.It has presence inthe institutional and retail markets.
Sector: Financial
Country: United States