Diversified Financials Capital Markets

  • TOKYO, June 27- Asian stocks opened weaker and the British pound fell almost 2 percent in early Asian trade on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union. Among many questions the British exit, or Brexit, has triggered are just how much UK and European economies will slow, how they will...

  • TOKYO, June 27- U.S. stock futures dipped and the British pound fell more than one percent in early Asian trade on Monday, as markets struggled to shake off a swathe of uncertainty sparked by Britain's decision to leave the European Union. Among many questions Brexit has triggered are just how much UK and European economies will slow, how they will negotiate their...

  • NEW YORK/ BOSTON June 25- UK voters' surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. "I don't want to say it's a non-event, but we're not seeing panic," said Eric Siegel, head of hedge fund investments at Citi Private Bank.

  • NEW YORK, June 24- JPMorgan Chase& Co is grappling with how much of its business can stay in Britain and a lot will depend on how well European Union and U.K. politicians appear to be getting along. It is still unclear whether JPMorgan, the largest U.S. bank, would need to hive off slivers or chunks of its UK operations after Britain voted Thursday to leave the EU, Daniel...

  • NEW YORK, June 24- Social media users flooded TD Ameritrade's and Fidelity Investments' Twitter feeds with irate messages on Friday, as customers struggled to access their online brokerage accounts. The apparent problems came a day after Britain voted in a referendum to leave the European Union, or Brexit. Global financial markets plunged as results from the...

  • LONDON, June 24- Bankers advising companies on takeovers and initial public offerings have all but written off big-ticket activity for the rest of 2016, after a British vote to leave the European Union poleaxed company valuations and executive confidence. Pre-Brexit jitters had already taken a toll with mergers and acquisition activity in Britain and...

  • LONDON, June 24- Crispin Odey, a hedge fund manager who backed the campaign for Britain to leave the European Union, could turn out to be one of the biggest financial winners of the vote to quit the bloc. Those bets looked to have paid off on Friday when markets tumbled in reaction to Britain's decision on Thursday to leave the EU, providing a much-needed boost for Odey,...

  • LONDON, June 24- Some bankers advising companies on takeovers and initial public offerings have all but written off big-ticket activity for the rest of 2016, after a British vote to leave the European Union poleaxed company valuations and executive confidence. Pre-Brexit jitters had already taken a toll with mergers and acquisition activity in Britain and...

  • *Shares in UK banks, asset managers sink at market open. LONDON, June 24- Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London's status as Europe's premier financial centre. All depends on the divorce between Europe...

  • *Shares in UK banks, asset managers sink at market open. LONDON, June 24- Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London's status as Europe's premier financial centre. All depends on the divorce between Europe...

  • *Shares in UK banks, asset managers sink at market open. LONDON, June 24- Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London's status as Europe's premier financial centre. All depends on the divorce between Europe...

  • LONDON, June 23- The head of Schroders multi-asset business, Nico Marais, has left as part of a reorganistion that will see the unit split into two separate investment teams, the London- listed global asset manager said. The new Multi-Asset division will be run globally by Johanna Kyrklund and will focus on dynamic asset allocation and portfolio construction.

  • NEW YORK, June 23- Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012- before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. Since May alone, those charged include famed Las Vegas sports gambler William "Billy" Walters and hedge fund manager Sanjay...

  • *Regulators aim to curb contagion risk from fund sector. LONDON, June 22- Global regulators have proposed a raft of measures to curb contagion risks from the world's $76 trillion asset management sector, though stopping short of imposing tougher capital requirements. As banks shrink balance sheets in the face of tougher capital rules since the financial...

  • NEW YORK, June 22- The death of Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who had been charged last week in a major insider trading case, has been declared a suicide, the New York City medical examiner's office said on Wednesday. Valvani died of stab wounds to his neck, and the manner of death was suicide, medical examiner spokeswoman Julie...

  • *Regulators aim to curb contagion risk from fund sector. LONDON, June 22- Global regulators have proposed a raft of measures to curb contagion risks from the world's $76 trillion asset management sector, though stopping short of imposing tougher capital requirements. As banks shrink balance sheets in the face of tougher capital rules since the financial...

  • LONDON, June 22- The Financial Stability Board, which coordinates financial sector rules for the Group of 20 Economies, set out 14 policy measures on Wednesday to stop asset management activities from destabilising the financial system. The measures stop short of requiring asset managers to hold more capital, a step they and some market regulators have said...

  • *Nearly 2.2 million people work across the UK in financial and related professional services. *UK financial and professional services contributed 190 billion pounds to the UK economy in 2014. *UK financial services contributed 67 billion pounds in tax revenue in 2014/ 15, or 11 percent of total UK tax receipts.

  • *Nearly 2.2 million people work across the UK in financial and related professional services. *UK financial and professional services contributed 190 billion pounds to the UK economy in 2014. *UK financial services contributed 67 billion pounds in tax revenue in 2014/ 15, or 11 percent of total UK tax receipts.

  • NEW YORK, June 22- Private Advisors is liquidating approximately $1 billion from a nearly two decade-old hedge fund investment strategy and its head of hedge funds has departed the firm, according to a spokesman with majority owner New York Life Investment Management Holdings. New York Life spokesman Jacqueline Meere said in an email on Tuesday that Private...