Turquoise, the high-profile rival to big stock exchanges ... Turquoise, which is backed by nine of the ... Eli Lederman, chief executive of Turquoise, said: “We ... Turquoise’s nine investment bank shareholders signed liquidity agreements ... Traders interpret the move by Turquoise to broaden...
A 46% plunge in the value of world ... Only 22% of the fund managers viewed equities ... He said: "Fund managers remain bearish overall towards ... HSBC's results chimed with other recent indicators that ... Three-quarters predicted corporate earnings will deteriorate next year....
Farallon Capital has joined the long list of ... According to a letter sent to the fund's ... Farallon will now use a portion of the ... In addition, almost a third of the partnership's ... As a result, Farallon has elected to make ... The fund will start making payments to withdrawing...
Austrian exchange Wiener Börse is planning to merge ... Wiener Börse, which owns large stakes in the ... Michael Buhl, chief executive of Wiener Börse, said: ... The Austrian exchange, the twelfth largest in Europe, ... A spokeswoman declined to comment on the timing ... The move to integrate the Eastern European markets...
The financial crisis has led people with 'defined-contribution' ... In the US, where the value of ... Similarly, in Australia, which along with the US ... According to Mercer, this is not just a ... Craig Burnett, European head of the defined-contribution consulting ... "But if people are delaying retirement, and age...
Executives in the financial services industry are among ... In a survey of 1,424 executives from all ... Just over a fifth (21%) in financial services ... The sector was also the second least likely ... However, the survey expected further job cuts across ... According to the survey, all across the industries...
The Royal Bank of Scotland has divested 70% ... The UK bank originally planned to sell €630m ... The loan list comprised names such as ProsiebenSat.1...
Kenneth Griffin's Citadel Investment Group lost nearly 13% ... Taking into account those loses and investor redemptions, ... In recent weeks, the firm has laid off...
Farallon Capital Management, one of the world’s biggest ... The company, which has more than $30bn (€23.5bn) ... Setting a November 17 deadline for investors to...
Shareholders of both Bank of America and Merrill ... Since the deal’s declaration in mid-September, BofA shares ... BofA spokesman Scott Silvestri said the bank hopes ... Merrill’s human resources, legal, operations, technology and other...
Credit Suisse on Thursday said that it was ... The firm will incur a charge of CHF900m ... The Swiss bank attributed the dismal projected figures ... The job cuts, representing nearly 11% of Credit ... In an earnings update, the Swiss bank said ... Credit Suisse said its private banking unit registered...