21 articles found within the last year.
Displaying results 1 - 20
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SocGen's wealth management arm eyes Middle East growth
Société Générale is looking to establish its wealth ... "We are optimistic about the region and expect ... The private banking unit has more than €71bn ... The Middle East, flush with petrodollars after years ... High net worth individuals, or HNWIs, in the ... Lorentz said while the global economic downturn may...
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Credit Suisse recruits ex-ABN banker as French chief
Credit Suisse has hired a former ABN Amro ... Pierre Fleuriot joins Credit Suisse to replace François ... Fleuriot ran the M&A business in France for ... According to the statement Fleuriot will be responsible ... Credit Suisse is no longer a leading player ... Varvel said: "These two senior appointments demonstrate our...
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Morgan Stanley France chairman takes Rothschild role
Morgan Stanley’s most senior banker in France has ... Patrick Ponsolle is the latest addition to Rothschild ... Ponsolle had been chairman of Morgan Stanley in ... Ponsolle was also previously a senior executive of ... David de Rothschild, chairman of the Rothschild Group,...
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Hedge funds yet to budge on fees or liquidity terms
Hedge funds have defied the expectations of investors ... Last year, hedge funds staggered to their worst ... However, few funds have budged from historic fee ... The research found that less than 1% of ... Guido Bolliger, Olympia's chief investment officer, wrote in ... HFR monitoring has also shown that performance-based charges...
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Safety comes at a cost for managed account users
Hedge fund investors that use bespoke trading accounts ... Managed accounts are established by and for individual ... Managers cannot access cash in these bespoke accounts ... Man Group, Union Bancaire Privee and Gottex Fund ... Deepak Gurnani, head of hedge funds at Investcorp,...
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French banks 'likely winners' from regulatory clampdown
A new report has identified French banks as ... BNP Paribas and Société Générale are likely to ... The relatively low exposure of the two banks ... JP Morgan’s report comes weeks after analysts at ... The pressures on French investment banking businesses have ... However JP Morgan wrote in the research that...
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French fund duo build on outsourcing momentum
Two rival French asset managers have combined their ... Crédit Agricole Asset Management has sold a stake ... Financial details of the deal were not disclosed. ... Asset managers and other investors using the platform ... The funds industry has been gradually outsourcing its...
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Bonuses become a wedge issue in the G20
Bankers' pay has become one of the most ... UK Chancellor Alistair Darling earlier this month pledged ... Even before Tuesday's deal with banks, the French ... "The problem with guidelines is that you apply ... Germany has mostly agreed with France at G20 ... But Merkel has allied herself with French President...
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Sarkozy, banks set new limits on bonuses
French banks agreed to penalise traders who lose ... The remuneration rules were unveiled after a meeting ... To ensure banks stick to the new criteria, ... "It can't be a game where you always ... He said he would lobby the US and ... He would likely face strong resistance in the...
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France extends short-selling ban
France’s financial services regulator, the Autorité des Marchés ... The AMF announced this morning that it would ... It had introduced the ban in September, about ... The AMF also said this morning that it ... It said it had proposed four, specific rules ... The AMF told CESR that short-sellers should disclose...
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France ponders tougher stance against Monaco
France is fast becoming one of the leading ... The French President, Nicolas Sarkozy, is leading the ... The Paris-based Organisation for Economic Co-operation and Development ... Sarkozy and Brown are calling for sanctions to ... As part of the crackdown, last month French...
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French hedge fund manager killed in gliding accident
Jean-Pierre Aguilar, founder of one of France's oldest ... Aguilar, 49, was chief executive of Capital Fund ... In a letter sent to investors in CFM's ... "The firm has gone through several crises in ... One other person, who has not been named, ... CFM's board made no announcement about a replacement...
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Investment funds target climate change
Kevin Parker isn't about to let his passion ... "I'm a devout capitalist, and there's money to ... Parker, a member of Deutsche Bank's group executive ... A believer that information breeds action, Parker's next ... The Wall Street Journal sat down with Parker ... The Wall Street Journal: You have made the...
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Trial begins in sex-games slaying of wealthy French banker
The trial has begun of a woman charged ... According to a report by news agency AP, ... "I would like to ask forgiveness from Mrs ... Two of the children and Stern's ex-wife, who ... Brossard, then 36, was arrested two weeks after ... Stern had a long background in investment banking....
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SG investment bankers take pay hit as writedowns drag on profits
Compensation for staff in the corporate and investment ... Revenues from trading, led by the fixed income, ... This meant that despite the strong performance from ... Société Générale said the fall in operating expenses ... Analysts at Credit Suisse wrote this morning in...
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London hedge funds boutique sells out to private bank
One of the oldest funds of hedge funds ... Integrated Asset Management will dispose of Altigefi, the ... Sal Oppenheim already owns 49% of Altigefi and ... Integrated will be left with about $400m in ... Shares in Integrated, which is publicly-listed on London's ... Integrated's funds under management halved in the final...
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SGAM hedge funds head departs to launch new firm
The head of hedge funds at Société Générale’s ... Arié Assayag, who joined Société Générale Asset Management ... Assayag is moving to launch Premium Asset Management ... Benoit Ruaudel, Assayag’s deputy, will take over leadership ... In the summer of 2006, Assayag was forced...
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Italy, Spain and France lead flight from funds by European investors
Southern European asset managers suffered last year when ... Funds registered in Italy, Spain and France saw ... Italy lost €83bn, or 22% of its assets ... Oreste Gallo, head of southern Europe at Barclays ... Andrew Marks, head of business development for Europe, ... Marks said: “In France, institutional investors, which make...
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Hedge fund body echoes regulation calls
A powerful trade body representing the hedge fund ... The Alternative Investment Management Association said large hedge ... It added that hedge fund managers globally should ... “We want to dispel once and for all ... He spoke as politicians and regulators seek to ... Many policy makers see hedge funds, and particularly...
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Global bank recapitalisations could top half a trillion dollars
Banks in the US and Europe face a ... In a normal banking crisis, Credit Suisse predicts ... In addition, the Swiss bank's strategists forecast that ... Banks in France are preparing for a second ... The government recently pledged to invest a further ... Pebereau said the banks are working with the...
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