03/17/2013
Karmarama wins Clydesdale Bank after marketing reshuffle
Karmarama has been appointed as the creative agency for Clydesdale Bank, following a competitive pitch.
Alternative Investments
03/17/2013
EU bonus clampdown on fund managers
According to the FT, the parliament’s main parties have shown their support for plans to insert the new pay curbs into the existing reform proposals for Ucits funds.
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.
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."