HSBC Mulls Maiden Offshore Yuan Bond

The London-based bank is conducting conference calls with investors in Hong Kong, Singapore and the U.K. Tuesday to gauge interest for such an issuance, according to a person familiar with the situation.


Deutsche Bank To Decide On Guggenheim Bid Tuesday - Sources

U.S. financial services firm Guggenheim Partners, which entered exclusive negotiations with the bank on the sale, has until the end of this week to make a detailed bid for the operations, which could be worth around EUR1.6 billion, below the previously s


Prime brokerages consolidate after "big bang"

Hedge funds are cutting back on the brokerage accounts they hold as the prime brokerage industry begins to consolidate more than four years after the Lehman Brothers bankruptcy blew the sector wide open.


Famed Investor Seeds New Fund

The global macro fund, so called because it places bets on the direction of the world's economies, will open to other investors in the fall.


Co-op board to meet amid Lloyds bid fears

The Co-operative Group is to hold a crunch meeting of its bank board amid heightened concern it is on the verge of pulling out of its £1.5bn bid for Lloyds' 632 "Project Verde" branches.


ABN Amro to sell commercial insurance arm to Aon

ABN AMRO Insurance, part of Delta Lloyd Group, is taking over the intermediary activities in the commercial general insurance segment for the Small and Medium-Sized Enterprise sector from ABN AMRO Bank.


Exclusive: Hedge fund Tyrus moves to Monaco: source

The firm, which runs approximately $2.7 billion and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.


Lazard’s wage bill falls by a third

Lazard, the boutique investment bank, cut pay at its UK-based operations by almost a third last year as the corporate finance advisory market continued to struggle.


Capita to acquire Bluefin Corporate Consulting

Capita chief executive Paul Pindar said: "The acquisition of Bluefin Corporate Consulting provides an excellent strategic fit with our existing corporate pensions business, Capita Hartshead.