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Diversified Financials Capital Markets

  • China is for globalization in the long run: UBS

    Capital controls aside, China is gradually opening up its capital markets for foreign participation, says Eugene Qian of UBS.

  • *Deal worth $4.3 billion, including debt. March 17- Private equity firm KKR& Co LP and Canadian pension fund Caisse de dépôt et placement du Québec announced plans on Friday to buy USI Insurance Services from Onex Corp for $4.3 billion, including debt. "It's a sector we like," Caisse Chief Investment Officer Roland Lescure said in an interview.

  • LONDON, March 17- After several years of restructuring and regulatory pressure, investment banks have reached a turning point after Donald Trump became American president and can look to grow again, according to a study published on Friday. "The world has turned upside down post the U.S. elections," said the joint annual study by Morgan Stanley and management...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • March 17- Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec agreed to buy USI Insurance Services from Onex Corp in a $4.3 billion deal, including debt. Valhalla, New York- based USI had net debt of about $1.82 billion as of Dec. 31 and generated earnings before interest, taxes, depreciation and amortization of $353 million in...

  • LAGOS, March 17- Nigerian airline Aero has made about 60 percent of its workforce redundant in a desperate effort to stay afloat, it said on Friday. It comes weeks after the country's largest airline, Arik Air, went into receivership due to its inability to pay workers. Five years ago, Asset Management Corporation of Nigeria, a state-backed "bad bank" established in...

  • SAO PAULO, March 16- Azul Linhas Aéreas Brasileiras SA wants to raise as much as $532 million in an initial public offering in Brazil and the United States, the fourth attempt by Brazil's No. 3 commercial airline to list in public equity markets. Documents filed with the U.S. Securities and Exchange Commission on Thursday showed Azul put out a suggested price...

  • WARSAW, March 16- As Britain prepares to leave the European Union, the country hoping to win the most jobs from London's financial centre is not Germany or France, but Poland. While the likes of Frankfurt and Paris are competing for top investment bankers after Brexit, Poland has set its sights on mid-tier financial and technical work where salaries may not be...

  • LONDON, March 16- Assets invested in European exchange-traded funds hit a record $620 billion at the end of February, research and consultancy firm ETFGI said. ETFs, securities which track an index or a basket of assets, saw $12.4 billion of inflows in February in Europe, marking the 30th month of straight inflows, according to ETFGI data. The overall size of the...

  • March 16- Northern Trust Corp named Katharine Morris head of sales at its global fund services business in the UK. Morris will be based in London and report to Douglas Gee, head of sales at the wealth management firm's asset servicing business in EMEA. Prior to her new role, Morris was head of UK sales for HSBC Securities Servicing.

  • SHANGHAI/ HONG KONG, March 16- Asian real estate remains attractive due to relatively high yields despite U.S. monetary tightening as the pace of interest rate increases in the region is expected to be slow, an executive at LaSalle Investment Management said on Thursday. Elysia Tse, LaSalle's head of research& Strategy, Asia Pacific, identified China as a market...

  • WARSAW, March 16- As Britain prepares to leave the European Union, the country hoping to win the most jobs from London's financial center is not Germany or France, but Poland. While the likes of Frankfurt and Paris are competing for top investment bankers after Brexit, Poland has set its sights on mid-tier financial and technical work where salaries may not be...

  • *India's NSE gains as much as 0.75 pct to record high. MUMBAI, March 16- India's broader NSE share index hit a record high and the rupee rose to its strongest level in nearly 17 months on Thursday after the U.S. The tempered rate outlook knocked the dollar and eased worries of a fresh burst of capital outflows from emerging economies such as India.