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
06/11/2012
The basis of the merger was the growing derivatives market. In the modern market, equities trading is regarded as a high-volume, low-profit business.