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 ... Comment: Another shock loss seems to have made ... In an earnings update, the Swiss bank said...
Credit Suisse on Thursday said that it has ... The bank also said that it will take ... It also said its private banking unit, bolstered ... The job cuts, representing nearly 11% of Credit ... The Swiss bank attributed the dismal projected figures ... The bank expects its Tier-1 capital ratio to...
The fourth-quarter earnings for Goldman Sachs and Morgan ... Meanwhile, UBS analyst Glenn Schorr estimates that Goldman ... Separately, Morgan Stanley has increased its holding in ... Kenneth Worthington predicted a potential loss of $5.14-per-share...
Low-risk funds that are sold only to institutional ... German and Luxembourg-domiciled special institutional funds – known ... That is in marked contrast to most of ... A spokesman for the German fund management association, ... However, he pointed out that even the spezialfonds...
Aberdeen Asset Management, despite a heavy exposure to ... The takeovers pushed up the firm’s assets under ... Revenue surged 24% to £430m following a series ... During the year, it acquired a US fund ... The fund manager warned that its margins will...
Aberdeen Asset Management on Monday said that a ... Assets under administration rose 16.6% to £111.1bn (€132.1bn), ... For the year ending in September, revenues increased...
Deutsche Bank’s chief executive has said some operations ... Speaking to German newspaper Boersen-Zeitung at the weekend, ... Shareholder return on equity at Deutsche Bank has ... Since taking over as chief executive, Ackermann had ... Deutsche Bank has begun cutting jobs in its...
BlueBay Asset Management on Thursday lost 30% of ... The long/short fund, which saw its assets decline ... Massive redemption requests from investors and demand of ... The move came as it emerged that the ... The company managed $20.5bn in assets as on ... Simon Treacher, who managed the vehicle, has quit...
CVC has registered record revenues for the year ... Meanwhile, CVC is believed to be engaged in ... The Luxembourg-based buyout firm, run by Michael Smith, ... CVC, which could be worth up to £1.2bn ... The private equity firm, which has roped in...
Mitsubishi UFJ Financial Group, Japan's largest bank, has ... MUFG also declared plans to raise Y990bn through ... The lender said that net income for the...
Icap on Tuesday said the financial crisis had ... Michael Spencer, chief executive, said the financial crisis ... The statement came as the world’s largest inter-dealer...
Mitsubishi UFJ Financial Group, Japan's largest bank, has ... MUFG also declared plans to raise Y990bn through ... The lender said that net income for the...
Macquarie has unveiled a 43% decline in first-half ... Net profit dropped from A$1.1bn (€563m) to A$604m ... However, the group said its funding position stood...
Macquarie has unveiled a 43% decline in first-half ... Net profit dropped from A$1.1bn (€563m) to A$604m ... However, the group said its funding position stood...
Dexia, a leading lender to local governments, on ... Meanwhile, Dexia unveiled a €1.5bn ($1.9bn) third-quarter loss, ... The Belgian-French financial-services company said it will sell ... As part of the deal, Dexia, which purchased...
The London Stock Exchange Group’s shares on Thursday ... Clara Furse, the chief executive of LSE, warned ... Profit for the six months to September 30 ... The bourse registered a record number of trades ... To save cash, the LSE is suspending a...
Fortress Investment on Thursday unveiled a wider third-quarter ... Net loss stood at $57.4m (€45m), or 66 ... The firm’s assets under administration increased 10% from ... However, assets dropped 2.1% quarter over quarter as...
Fortress Investment on Thursday unveiled a wider third-quarter ... Net loss stood at $57.4m (€45m), or 66 ... The firm’s assets under administration increased 10% from ... However, assets dropped 2.1% quarter over quarter as...
The London Stock Exchange on Thursday halted plans ... Explaining the decision to suspend the share buyback ... Revenues increased 70% to £346m at the half ... The bourse, which has bought back less than ... However, the value of stocks traded dropped by ... The LSE also said it had taken an...