180 articles found within the last year.
Displaying results 101 - 120
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Calling all altruistic investment bankers...
Impetus Trust, the UK charity joined last year ... The trust chaired by former venture capitalist Stephen ... The job will involve four board meetings a ... Dawson told Financial News: "Our target over the ... He added that the firm has a wide ... Over the last nine months Impetus has recruited...
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Griff Rhys Jones slams wealth managers
Welsh comedian and author Griff Rhys Jones has ... In an article published in The Times, he ... Rhys Jones said: "I'm sorry, but we must ... One wealth adviser commented: "Advisers are facing this ... Rhys Jones did not say how much money ... He said: "Lehman and my hedge fund have...
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Banking duo's pension deficit hits £18.5bn
The Royal Bank of Scotland and Lloyds Banking ... The two groups have a combined pensions shortfall ... For RBS to return to a fully-funded position, ... Pension scheme deficits have increased in the first ... Clive Fortes, partner and head of corporate consulting ... "Given this, I expect to see many companies...
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Soros urges G20 emerging market focus
Billionaire stock picker George Soros has urged the ... In a hastily arranged lecture at the London ... He specifically called for the 20 governments to ... Soros argued that by doing this, emerging markets’ ... Extending the SDR programme is already under consideration...
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Principal Capital head loses divorce appeal
The executive chairman of London-listed investment company Principal ... Brian Myerson last month launched an appeal to ... The group's shares were trading at 17.5p at ... Myerson and his wife Ingrid were divorced in ... The majority of Myerson’s share of the settlement...
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Family offices wake up to custody
Before large banks started going bust and top-performing ... Custody – essentially the safekeeping and administration of ... took care of for a minimal fee. ... The danger of ignoring custody was highlighted by ... Even before Madoff ’s alleged Ponzi scheme was ... Having a separate asset manager and custodian bank...
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Hedge funds prepare for their revival
Battered but not beaten, many hedge funds will ... Cautious institutional investors are demanding that hedge funds ... Keith Bliss, senior vice-president of sales and marketing ... A report from Boston-based consultancy Aite Group said ... A quiet period such as this should give...
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Kleinwort's Taylor fights to regain clients’ trust
Private bankers have their work cut out to ... He said: “Clients have lost money. Their taxes ... He confirmed a few products accessed by Kleinwort ... Taylor has also been putting his bank’s case ... Taylor said Commerzbank was under pressure as a ... However, Taylor pointed out to Commerzbank that Kleinwort’s...
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The AIG Controversy: Falling Credit Rating Costs AIG --- Forced to Post Extra Collateral
LONDON -- American International Group Inc. has been ... The requirement to pay collateral was triggered by ... AIG posted cash collateral of about GBP 224 ... The collateral was put up in November and ... A spokesman for AIG had no immediate response ... There is no suggestion that either tenant is...
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New money flows at Credit Suisse likely to slow - report
Lower investment banking referrals, particularly in relation to ... KBW has forecast inflows of SFr6bn in the ... Nevertheless, this would be around SFr4bn more than ... The numbers are also considerable better than what ... New money flows for the whole of last ... Earlier this week, Credit Suisse said it would...
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Do not pass go, do not collect £200: Mayfair in the downturn
Nearly a decade ago the BBC made a ... The programme, called The Mayfair Set, defined the ... Fast-forward to a new millennium, and as markets ... For many of them, if they weren’t working ... As the fortunes of hedge funds and private ... Commercial and retail real estate analysts say Mayfair...
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Barclays Global Investors names chief for transition strategy
Barclays Global Investors has recruited David Gagnon as ... Gagnon formerly served in transition management at Lehman ... Separately, Collins Stewart Wealth Management has hired Tracey...
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Ex-UBS star's boutique strikes first UK deal
BTG Investments, which was founded last year by ... A statement did not disclose the terms of ... Lentikia oversees the Brocade Fund, a $700m (€545m) ... The Brocade Fund will now “get access to ... Last October, BTG, based in São Paulo, announced ... BTG was founded earlier in 2008 bys ...
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Former chief executive sees UBS stock bottoming out
Luqman Arnold, the former UBS chief executive who ... Speaking to the Tagesanzeiger daily, the activist investor...
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Comment: Could Rupert's action suggest financial renaissance is on the way?
If we are ever going to get out ... Confirmation has emerged that the managers of Lehman ... Rupert is a South African billionaire, and former ... Rupert has agreed to take Lehman off the ... Rupert told the Financial Times yesterday: "They are ... It goes without saying that Rupert is not...
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$1 trillion up in the air as wealthy reallocate assets
The wealthy are moving their money as never ... With the world’s biggest wealth manager UBS reporting ... Sebastian Dovey, head of consulting at Scorpio Partnership, ... The biggest beneficiary of this shift – at ... HSBC Private Bank, which has become more vocal ... A handful of smaller wealth managers were also...
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Citi becomes 'penny stock'
Once the largest bank in the US by ... With a decline of 16 cents to 97 ... Beset by a credit crisis that already claimed ... "You can throw the technicals out at this ... At 4 pm on the New York Stock ... For now, Mr. Detrick and other traders say ... Late last week, the bank reached a deal...
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Hedge fund outflows hit record levels last year
The hedge fund industry had outflows of $158.9bn ... Outflows caused assets to decline to $1.29 trillion ... Outflows for the fourth quarter totalled $147bn, the ... The largest hedge fund outflows were experienced by ... The collapse of global equity markets, a record ... "Panic selling and de-leveraging followed, combined with changes...
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News Analysis: Sarasin wins the battle for new money
Sarasin appears to be one of the biggest ... Net new money brought in by the Basel-based ... Sarasin reported SFr7.3bn flowing into the bank in ... The second half new money figure is even ... The continuing commitment to hire is underpinning the ... Sarasin position looks even rosier when compared with...
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Time to buy micro cap stocks, says JP Morgan
Rare bargains are emerging in micro cap stocks, ... The UK-listed closed-end fund has £265million assets under ... Jim Campbell, co-manager of the JP Morgan trust ... It has increased holdings in online gaming, real ... The investment trust's net asset value has outperformed...
