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Diversified Financials Capital Markets

  • LONDON, Feb 27- For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Since September 2009, the U.S. Commodity Futures Trading Commission has employed a four-way classification for all traders with reportable positions in crude oil.

  • LONDON, Feb 27- From a non-descript office in south London, Mark Hiley may be showing the way for Wall Street giants such as JPMorgan and Merrill Lynch to adapt to new European rules requiring them to charge an explicit fee for investment research. They rely entirely on what they charge for research, as will be required under the European Union's MiFID II directive...

  • China's focus on the crisis of the day keeps it from staying on track when it comes to longer-term markets reform.

    China’s pledge to focus on the stable development of its capital markets will slow the pace of financial reforms, an analyst said.

  • 'Non-reforms' in the Chinese equity markets

    Christopher Beddor, associate at the Eurasia Group, weighs in on the capital market reforms taking place in China.

  • BEIJING, Feb 26- China will focus on stable development of its capital markets this year, but will press ahead to further open its markets to foreign companies, the top securities regulator said on Sunday. "We will not waver from reforms more market-based, law-based and international, Liu Shiyu, chairman of the China Securities Regulatory Commission, told a news...

  • BEIJING— China needs to do more to stop risky behavior in its stock market, a regulator said Sunday, following a 2015 collapse in share prices and complaints investors are engaged in a dangerous new round of speculative buying. Regulators need to stop "blind expansion" by financial firms, the deputy chairman of the China Securities Regulatory Commission, Li Chao,...

  • NEW YORK, Feb 25- Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds. Known to fans as "the Oracle of Omaha," he estimated that the search for outperformance...

  • DUBAI, Feb 25- The chairman of Dubai Holding, the investment vehicle of the emirate's ruler and a major force in developing the Dubai economy, has resigned to focus on his role in the national government, the conglomerate said on Saturday. As head of Dubai Holding since its founding in 2004, Mohammed Abdullah al-Gergawi came to oversee a $35 billion portfolio of...

  • NEW YORK, Feb 25- Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc into one of the most successful conglomerates, delivered another black eye to the investment industry on Saturday, saying investors should "stick with low-cost index funds." Buffett, whose annual letter is scrutinized by investors who...

  • NEW YORK, Feb 25- Billionaire Warren Buffett, whose stock picks over several decades have turned Berkshire Hathaway Inc into one of the most successful conglomerates, delivered another black eye to the investment management industry on Saturday, saying investors should "stick with low-cost index funds." During the financial crisis, Buffett bet a founder of the...

  • *U.S., Canada looking for' greenfield' investors. TORONTO, Feb 24 S- Canadian pension fund manager OMERS would like to invest more in building new infrastructure, its chief financial officer said, making it a candidate to support government programs in Canada and the United States. However, with competition for' brownfield' assets inflating prices around the world,...

  • The Canadian bank's move comes after several Western firms have withdrawn from private banking in Asia, hit by increasing pressure to reduce costs at home, slowing growth in the region and rising compliance costs. Most recently, Dutch lender ABN Amro Group agreed in December to sell its private banking operations in Asia and the Middle East, which has $20...

  • MILAN, Feb 24- Hampered by persistent political risks and sluggish economic growth, Europe's equity markets have disappointed investors for years. Political worries compounded by a series of uncertain national elections in Europe this year are sometimes cited as a factor holding investors back. Yet for those who have drawn lessons from how European stocks...

  • BEIJING, Feb 24- China will tighten oversight of its sprawling asset management industry as it moves to rein in financial risks, a senior central bank official said in remarks published on Friday. Ruan Jianhong, head of the Survey and Statistics Department at the People's Bank of China, said the financial sector had shown "deviation", with speculative activities...

  • The Canadian bank's move comes after several Western firms have withdrawn from private banking in Asia, hit by pressure to reduce costs at home, slowing growth in the region and rising compliance costs. Most recently, the Netherlands' largest lender ABN Amro Group agreed in December to sell its private banking operations in Asia and the Middle East, which has $20...

  • DALLAS _ Ashford Inc. on Thursday reported fourth-quarter net income of $727,000. On a per-share basis, the Dallas- based company said it had profit of 25 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • The SEC's decision comes after the U.S. Court of Appeals for the District of Columbia ruled in January that the regulator overstepped its authority when it barred attorney and stock broker Gregory Bartko from working in various financial services sectors, including the transfer agent and municipal securities industries. The SEC has routinely taken civil...

  • LONDON/ MADRID, Feb 23- Chinese investment firm Legend Holdings and three groups of private equity funds are putting the finishing touches to rival bids for Allfunds Bank, a deal worth close to 2 billion euros, sources close to the matter told Reuters. Santander Asset Management and Intesa Sanpaolo, which own 50 percent each of Allfunds Bank, a Madrid- based mutual...

  • LONDON, Feb 23- Most European investment bankers received smaller bonuses in 2016 as their employers cut costs and sought to meet shareholder demands for a greater share of profits. But while bankers' pay has been the target of political and public anger, the financial services industry is still where the big bucks are, with the average salary about 30 percent...

  • NEW YORK, Feb 23- Interdealer broker NEX Group Plc, formerly known as Icap, has invested in a RSRCHXchange, a London- based startup that runs an online marketplace for research on stocks, as regulatory changes in Europe and pressure on asset management fees spur innovation in the equity research sector. The company will use the injection of cash develop the...