07/25/2012
The G20 countries agreed just after the collapse of U.S bank Lehman Brothers in 2008, in which opaque derivatives played a part, that dealers should clear contracts where possible to aid transparency.
07/25/2012
The decline is a result of setting aside EUR 1,304 million for provisions for real estate exposure in Spain of the second quarter ordinary profit of EUR 1,404 million.
07/24/2012
“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to
07/23/2012
The UK’s array of closed-ended investment trusts have long been known to outperform, on average, their better known, and much better funded, open-ended fund peers.
07/23/2012
This was despite the significant headwinds that the fund management industry faced in the period. As at 30 June 2012 the Group's assets under management were £1,724m - an increase of £58m (3.5%) on the 2011 year end position. This include
07/22/2012
Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.
07/22/2012
Christian Dargnat, chief investment officer of BNPP IP, says the decision was taken “due to the impact of market volatility”, which has seen OAM lose “very big mandates” and its profitability fall.
07/18/2012
Tony Stenning said the BlackRock Consensus Funds, a collection of five funds, offered simple, cost-effective and diversified core asset allocation portfolios, with independent risk ratings on each fund to help advisers tailor them to their clients’
07/17/2012
About 34 banks operate in Monaco, a significant number by any measure for a country of 38,000 people – however, consolidation may be on the horizon.