05/07/2014

ING cuts bank loan losses as insurance sale gets go-ahead

Dutch financial group ING ING.AS cut loan losses faster than expected in the first quarter and gained regulatory approval for the sale of its insurance business, taking the sting out of weaker-than-expected underlying earnings.

05/06/2014

UBS Wealth Management profits up

UBS delivered a solid first-quarter performance despite a volatile operating environment. Every one of UBS's business divisions and regions was profitable, reflecting the firm's successful strategy and the strong positions it has created both fr

05/05/2014

European funds cut bond holdings to three-year low

European fund managers cut bond holdings to their lowest in nearly three years and boosted equities as expectations grew that a brighter economic outlook would eventually lead to higher interest rates

05/05/2014

Insurance market presents rebuild opportunity for Henderson

Henderson Global Investors has enjoyed sustained growth in its total assets under management in recent years, but while the growth in the retail business has been impressive, that in its institutional arm has been less so.

05/02/2014

Profits surge at Rising Star's commodities hedge fund

The firm’s chief operating officer who was previously a partner at Camargue Capital Management. The firm gained UK regulatory authorisation in June 2012 and launched its energy hedge fund on July 1.

05/02/2014

Online broker to exit Britain

Said in its first-quarter results statement that its Selftrade online brokerage in Britain had signed an exclusivity letter with Equiniti Group for the transfer of Selftrade's client portfolio this year.

05/02/2014

KfW joins renminbi bond fray with first Frankfurt-listed deal

KfW may have sold the first Frankfurt-listed Chinese renminbi bond this week, but some market watchers say the Triple A rated issuer’s new sale is a long way off from providing the impetus for a larger shift in Dim Sum market dynamics.

05/01/2014

Saga puts retail investor at heart of London float

Saga he over-50s holidays-to-insurance provider, yesterday unveiled plans for the biggest flotation in London this year, as a stampede of silver haired savers registered to snap up shares in the listing.