02/03/2012
Shrugging off a disappointing 2011, in which the average hedge fund lost around 5 percent according to HFRI, managers profited from gains in most assets as investors bet a solution could be found for the euro zone's deepening debt crisis.
02/02/2012
At a press conference to present Santander's full-year results, Botin didn't elaborate on the negotiations, nor did he disclose the name of bank that could be purchased.
02/02/2012
The dispute centres on how much power should be given to an EU agency to oversee derivatives, one of the most opaque areas of finance, and once described as "financial weapons of mass destruction" by billionaire investor Warren Buffett.
02/02/2012
Hoare Govett had been one of the most historic and prestigious brands in British stockbroking for much of the 20th century, along with Cazenove, but analysts felt its brand value had been diluted after it got absorbed into ABN AMRO.
01/27/2012
Crucially, each sale, which in the past has sometimes been recorded by no more than a fax, will be registered centrally for regulators to see.
01/23/2012
BNP Paribas Securities Services today announced the roll-out of a major investment programme to expand its hedge fund and fund of hedge fund administration services, for both UCITs and offshore funds.
01/22/2012
Total investment volumes in the Central London office market reached £10.8 bn in 2011, with international buyers representing 60% of total investment volumes. Asian buyers accounted for 16% last year, up from 6% in 2010.
01/19/2012
The fund revealed in a trading statement on Wednesday that it intends to make $75m of savings, including pay cuts and job losses, $50m of which will take place this year.
01/19/2012
Fidelity, which has more than £165bn in funds under management, said that in the interests of "simplicity and transparency" variable pay for directors should be subjected to a shareholder vote requiring 75pc approval.
01/19/2012
The share sale, known as a rights issue, is being watched as a barometer of investors' willingness to recapitalize Europe's troubled banking sector.