03/05/2014
Invesco Perpetual has changed the structure of charges across its investment company with variable capital funds to make them easier for investors, without increasing charges, Ian Trevers has said.
02/25/2014
RBS IS preparing to sack up to 30,000 workers in the coming years as it cuts down its investment banking arm even more radically, and focuses on UK retail banking.
02/25/2014
"This decentralised structure and closeness with borrowers led to careless lending, with no serious verification of the ability of the borrowers to repay their loans, and to a culture of non-repayment," the commission wrote.
02/19/2014
The fourth quarter includes a 132 million euros of net loss on discontinued or held-for-sale operations related to the planned sale of the Bulgarian subsidiary and CACF's Nordic entities, according to the company.