07/01/2012
Shortly after Lehman filed for bankruptcy in 2008, Aurora and Lehman's other multi-billion dollar subsidiary bank, Woodlands Commercial Bank ("Woodlands"), were at risk of being seized and placed into receivership by the FDIC.
07/01/2012
Comments submitted to the SEC have suggested that new rules should raise the threshold for accredited investor qualifications, require copies of advertising to be filed with the SEC, or prohibit performance claims in advertising materials
06/28/2012
Stark stated in the letter that it will concentrate on managing single-strategy hedge funds.
06/26/2012
Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property market by the first half of next year to tap the country’s growing wealth.
06/26/2012
The complex trade that saddled J.P. Morgan's "London whale" with at least $2 billion in losses had three key components, according to people familiar with the strategy, but the bank earlier this month reduced a substantial chunk of that exp
06/26/2012
The integration will offer an engaging and valued web experience allowing Charles Stanley Direct clients to view their wider financial affairs in one place: putting the client in control and allowing them access to further products and services from Charl
06/24/2012
This transaction strengthens Key's ability to grow its presence, acquire customers and provide exceptional service to consumer, business banking and wealth management clients in these markets.
06/24/2012
You’re probably scratching your head and saying, “What?” but let’s explain.
06/24/2012
The New York-based firm will begin trading in mid-October
06/24/2012
Emerging markets specialist managers' ships are finally coming in after years — even decades — of growing these businesses.
06/21/2012
Galena Asset Management Ltd.’s metals fund dropped 2.6 percent in May, according to the company, and Brevan Howard Commodities Strategies Master Fund Ltd. fell 2 percent, according to a monthly report to investors obtained by Bloomberg.
06/21/2012
Groupe Eurotunnel will be the first company to start trading on the NYSE Euronext London, from 19th July.
06/19/2012
Reliance Trust has announced that as of May 31, 2012, it has exceeded $100 billion in client assets under management and administration.
06/19/2012
The SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF seeks to track the performance of the BofA Merrill Lynch Emerging Markets Large Cap Senior Corporate Index
06/19/2012
He takes over Kevin Hayes, who joined Man in 2007 and is leaving the company to pursue other professional and personal interests, the company said.
06/18/2012
The sources said that TCW, which oversees about $128 billion in assets, including the TCW and MetWest fund families, could fetch about $700 million.
06/15/2012
Arboretum specializes in customized cash management solutions uniquely tailored to each client's risk profile, liquidity and return objectives.
06/15/2012
SGN Short-Term Cash Management portal is a global compliance, trading and research solution for institutional cash investors
06/15/2012
Hedge-fund manager Paul Sinclair is the latest casualty of Europe's sovereign-debt turmoil, almost six thousand miles away from the epicenter of the crisis.
06/14/2012
Tokyo is the world's most expensive city for expatriates according to the latest ranking by Mercer.