08/05/2012
the majority owner of Belgium’s biggest life insurer, reported insurance profit that beat analyst estimates and announced a stock buyback as a lockup on 78.9 million shares held by BNP Paribas SA (BNP) expires.
08/05/2012
The Armajaro Global Financials Fund will start with up to $100 million of assets under management, which could rise to more than $1 billion if the strategy performs, AAM said on Monday.
08/05/2012
The pair, who are French citizens, attracted attention in the late 1990s for being on the opposite sides of some of the era’s biggest takeover battles, including the $58 billion deal that created French energy giant Total SA and Vodafone Group Plc (
08/02/2012
The businesses may be sold for about 2.1 billion euros ($2.6 billion), with most of that value in the Canadian bank, according to Cor Kluis, an analyst at Rabobank International.
08/02/2012
"The solidity of our first half results can be explained by the fact that our strategy for several years now has focused on market lines that are less market-sensitive: P&C, health and protection," Chief Financial Officer Gerald Harlin said
08/02/2012
Unveiling its first set of results under new Chief Executive Mario Greco, Generali said its net profit had seen a "strong progression" in the second quarter.
08/02/2012
The aim was to replicate the success of funds compliant with Shariah law which have been in strong demand with Muslim investors.
08/01/2012
It's pretty rare for a decent rate on a savings account to come along, but the Islamic Bank of Britain (IBB) has done just this with its new two-year fixed rate account paying 4%.
08/01/2012
The team will continue to provide investment advice for the current SRI funds under an investment-advisory agreement.
08/01/2012
Eurobank's statement comes immediately after an earlier announcement from National Bank of Greece SA, Greece's largest lender, which said it hadn't submitted a binding offer for Emporiki.
08/01/2012
BRE said on Thursday its net profit increased to 651 million zlotys in the first six months of the year.
07/31/2012
Besides launching the first mutual fund in Poland, Pioneer Pekao TFI S.A. was also the first company which offered special programs of regular savings through mutual funds – dedicated both to individuals and companies.
07/31/2012
Żagiel S.A. is one of the most experienced financial intermediaries in Poland, distributing and actively marketing consumer finance products (point of sale instalment loans, cash loans and credit cards).
07/31/2012
HSBC Credit Zrt had gross assets of 5.28 million dollars at June 30.
07/31/2012
Barclays will launch its discretionary portfolio managment service - which includes five portfolios - on the Axa Weatlh Elevate platform
07/30/2012
On a 20 day basis Lyxor was ranked number 2 with 19.5% market share with iShares at number 1 with market share of 35.4%.
07/30/2012
The Franklin Brazil Opportunities fund will be run by the company’s international CIO Stephen Dover, which he will co-manage alongside Sao Paulo-based duo Marco Freire and Frederico Sampaio, who form a core part of the company’s Brazilian asse
07/30/2012
The funds include the Euro Asset Management, Sterling Total Return Bond, Dollar Total Return Bond, Americas Equity, Japan Equity fund.
07/30/2012
The exchange said Natixis Commodity Markets will operate as a Category 2 broker from Monday, meaning it will no longer be able to trade as a Category 1 member taking part in the open-outcry ring trading.
07/29/2012
The multi-strategy equity fund can take both long and short positions and make use of other hedging strategies.