06/21/2012
The German bank, which had been in exclusive talks with Guggenheim since February, said the two sides were unable to agree on terms for the sale of RREEF, its real estate investment business.
06/20/2012
More and more high-end properties feature such "smart-home" technologies - professional-grade audio/video systems, plus lights, thermostats, window shades and more that you can control with an Apple (AAPL) iPad or other smart device.
06/20/2012
Underweight allocations are held for commodities and fixed income, with high-quality corporate bonds preferred – particularly in Asia. The bank remains wary of safe-haven government debt, with record low yields vulnerable to interest-rate rises.
06/19/2012
Tim joins from ING Real Estate management where he spent the past seven years, most recently as the global head of research and strategy and previously as the Asia-Pacific head of research and strategy.
06/19/2012
If an individual, trustee, partnership of individuals, or a bare nominee buys a residential property worth over £2m, the rate of SDLT is 7% on the total consideration.
06/19/2012
Underwriting on behalf of certain underwriters at Lloyd's of London, Aurum has also secured long-term commitments to support its bespoke underwriting approach and pricing. Full details of products and capabilities will be announced over the coming mo
06/19/2012
Banks, which urgently need to fortify their capital buffers, are in a rush to offload private equity assets they spent billions on in the heady days before the financial crisis, causing a flurry in so-called secondary sales.
06/18/2012
The takeover would give Hong Kong control of a business that sets global prices for base metals, while LME stands to gain greater access to China, the biggest consumer of metals including nickel, aluminum and copper.
06/18/2012
The sales contract was signed today. As such, Postbank is increasing its focus on its core business in consumer banking, without reducing its product range.
06/18/2012
Restaurateurs, bartenders and hoteliers getting ready to welcome an army of high-rolling financiers to this year's GAIM Conference in the Mediterranean principality could find money and mirth in short supply as recent poor performance weighs.
06/14/2012
The level of discontent over the pay packages of chief executive Sir Martin and fellow directors is such that “the working assumption” is that a substantial proportion of the shareholder vote could go against WPP’s remuneration report, a