03/17/2013
Squawker appoints BNP Paribas as settlement provider
Underpinned by a fully disclosed, tripartite agreement with BNP Paribas, all trades on Squawker will be settled directly between the counterparties and BNP Paribas.
Alternative Investments
03/14/2013
World’s Biggest Flawless Diamond has £13m Christie's Price Tag
It came from the Jwaneng mine in Botswana and took 21 months to polish.
03/14/2013
Baillie Gifford cuts fees for investment trust boards
The move follows the retail distribution review
03/14/2013
Bullion firm reveals that British holdings increased tenfold in five years
It is five years this week since the price of an ounce of gold shot through the $1,000 level
03/13/2013
Qatar eyes $15bn investment in UK
Although the 10 billion pounds investment figure was cited, a timeline for the investment has not been agreed, the FT said.
03/13/2013
Despite slowdown, investors bearish on global funds
The global fund management sector clocked 3.9-per cent growth in 2012 despite the ongoing worldwide economic uncertainty
03/13/2013
Generali Reports Fourth-Quarter Loss
Assicurazioni Generali SpA, Italy’s biggest insurer, reported a loss for the fourth quarter after 1.3 billion euros ($1.7 billion) of writedowns on equity holdings, including a stake in Telecom Italia SpA.
03/13/2013
Fidelity expands ETF partnership with BlackRock
BlackRock will also help Fidelity develop an investment strategy for clients based on a mix of ETFsBlackRock will also help Fidelity develop an investment strategy for clients based on a mix of ETFs
03/12/2013
Strutt & Parker and Catella announce international alliance
The exclusive alliance, a first for both parties, will enable them to provide pan European transactional and consultancy advice in the office, retail and industrial markets.
03/12/2013
Saxo Bank Sees Record Assets Under Management and Retains Profitability in Difficult Market Conditions
Saxo Bank's solvency ratio is almost the same as last year at 13.5%, well above the legal requirement.
03/12/2013
Man Group Fund of Funds Unit Stokes Hopes for Strong 2013
Hedge-fund returns rebounded in the last four months amid signs global economic growth is recovering and as concerns over the European debt crisis abated.
03/12/2013
Kinetic Partners receives Luxembourg licence
Kinetic Partners has announced that its application to become a fund management company in Luxembourg has been approved by the Luxembourg Financial Authority.
03/12/2013
Royal Bank Of Scotland Group to sell 15% Of Direct Line
The disposal will be through a placing of shares in Direct Line Group to institutional investors.
03/12/2013
Saudi tycoon planning more hotels in Europe
We are looking at a lot of opportunities in Europe
03/11/2013
Credit Agricole to pay 70 mln euros to unload Cheuvreux
Credit Agricole pays 100 mln euros for job cut costs.
03/11/2013
KBC completes the sale of its remaining 22% stake in NLB
This transaction gave rise to a negative impact on KBC’s earnings of EUR -0.1 billion which was already reflected in KBC’s 4Q2012 results, whilst the impact on KBC’s capital is negligible.
03/11/2013
Lazard reopens emerging markets fund
Lazard has reopened its £490.7m Emerging Markets fund
03/10/2013
Sovereign wealth suitors woo Sarkozy
"The Qataris are taking an option on the next president of France."
03/10/2013
Baillie Gifford's Stewart heads list of Scotland's top fund managers
Torcail Stewart of Baillie Gifford has topped The Herald's list of top performing fund managers
03/10/2013
BNP Paribas goes live on Euroclear global Collateral Highway
BNP Paribas and Euroclear Bank entered into a collaboration agreement in 2012