7 articles found within the last year.
Displaying results 1 - 7
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BlackRock plans to bolster wealth unit with new hirings
BlackRock intends to bolster its wealth management division ... Brian Feurtado, a managing director in charge of...
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Investors mull commodity diversification
Institutional investors in the UK are increasingly interested ... Lyxor's finding - that six of its respondents, ... The consultancy Mercer's annual asset allocation survey, which ... About 5% of its clients said they planned ... Some of the larger pension funds in the ... Both ABP, the €205bn civil servants' scheme, and...
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Lehman in dramatic spin-off in bid to stabilise earnings
Lehman Brothers has outlined a plan to spin ... The broker-dealer, which yesterday fell 45% to close ... Lehman said it would spin off to its ... The broker said it believed it was in ... The model, known in the industry as good ... On a conference call this morning, chief financial...
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European CMBS market deteriorates
The performance of European commercial mortgage backed securities ... The sector in Europe has been hit by ... The worsening UK property market has directly affected ... S&P said it had seen more breaches of ... However, the number of loans to have actually ... Several commercial real estate specialists have reported writedowns...
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UBS lends $11bn to offload debt to BlackRock
UBS today took a critical move to offload ... The Swiss bank said this morning that it ... The Swiss bank said in a statement it ... UBS this month announced plans for 5,500 job ... The BlackRock fund purchased the portfolio for $3.75bn ... The deal effectively enables UBS to transfer the...
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UBS offloads $22bn mortgage assets to BlackRock at steep discount
UBS on Wednesday said it has closed the ... UBS said it sold sub-prime and Alt-A assets ... Switzerland's largest bank declared the divestment earlier this...
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Merrill chief reiterates commitment to integrated banking model
Merrill Lynch chief executive John Thain has ruled ... “The combination of the world's leading wealth management ... He also said Merrill has no intent to...
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