08/26/2012
Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments.
08/26/2012
Nationwide will use the building as its new UK headquarters and will open a new branch on the ground floor.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/22/2012
The first batch of shares were sold at 226.04p and the second for 225.00p, for a total of £67,656, taking his holding to 83,333 shares.
08/22/2012
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.
08/21/2012
Regulators across the globe have identified Firms who have failed to comply with relevant rules, as opposed to those who have actually enabled any form of financial crime to take place.
08/21/2012
Hedge funds pose little risk to the banking and wider financial system, according to an industry survey by the Financial Services Authority.
08/21/2012
The sharia-compliant investment bank bought the 107,000 sq ft building for £33.4m from accountancy firm KPMG, receiver to a failed Irish property company.
08/21/2012
French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.
08/20/2012
"Forward redemptions increased in August which is typical as we approach quarter end but redemption notices remained at moderate levels indicating continued investor satisfaction with alternatives," said Bill Stone, Chairman and Chief Executive
08/20/2012
Mr Soros' investment fund bought about 3.1 million Class A shares in the club, according to the Securities and Exchange Commission.
08/19/2012
The problem seems to be, according to the Financial Services Authority, one of liquidity.
08/19/2012
Barclays Stockbrokers has revealed the top 20 funds purchased by clients through its revamped Funds Market during July 2012 – a busy month for its funds investors which saw a 110% increase in fund investments compared to the previous month and a 51%
08/19/2012
“Central London property: a bubble about to burst” seems to be the headline of the moment.
08/16/2012
The division will change its name from "Voice" to "Global Broking" and will be run by EMEA chief David Casterton.
08/16/2012
According to Saltus, the move will allow it to significantly broaden its current product offering, with Montague clients set to benefit from additional investment research.
08/16/2012
Head of multi-asset Philip Saunders says the fund will be similar to the £25m Investec Diversified Growth fund, with more input from the bond team.
08/16/2012
That's right. Corzine, the former CEO of now-bankrupt MF Global, the company that lost hundred of million of dollars in customers funds, is mulling starting a hedge fund, The New York Times reports, citing “people with knowledge of his plans.
08/15/2012
Danica, which had investment assets of about $50 billion at the end of June, holds about 7.2 billion kroner ($1.2 billion) in mostly Italian short-term notes and some Spanish debt, according to Peter Lindegaard, the chief investment officer at the pension