07/02/2012
The Zurich-based lender is selling as many as 80.4 million Aberdeen shares for 245 pence to 255 pence each, a discount of as much as 7.4 percent to the closing price today, said the people, who asked not to be identified because the process is private.
07/01/2012
The situation is still precarious. Any excessive disappointment could send us into a new cycle of stress, which is the main driver of negotiations in Europe. The psychological battle between countries is feeding the rumour mill and heightening market vola
07/01/2012
The White Paper, entitled, ‘The RDR Inquiry’ was independently commissioned and not designed to reflect the opinions of 2plan or its members.
06/28/2012
Client inflows will at least match last year’s 7.2 billion Swiss francs ($7.4 billion), helping to maintain profitability, Droux said in an interview in Solothurn, Switzerland. The bank is targeting 7 billion to 8 billion francs, he said.
06/28/2012
The firm said this would be aided by an internal platform, developed by SEI, which has been designed to handle volume.
06/27/2012
The sale will be the final stage in the bank's dismantling program, which began last October. In nine months, Dexia has made six asset sales for a total value of about 8.7 billion euros ($10.9 billion), it said.
06/27/2012
Around 60 percent of the employees have decided they would not keep the shares but would instead sell them immediately to institutional investors, with Commerzbank itself and Deutsche Bank AG acting as bookrunners.