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Diversified Financials Capital Markets

  • NEW YORK, Jan 3- New York City remained the top choice this year among foreign investors in commercial real estate while Washington fell to No. 15 as a global destination and dropped from the top five U.S. cities for the first time, a survey showed. The best Washington has mustered since 2013 was eighth place, according to AFIRE, whose members are among the largest...

  • *Saudi's Al Tayyar pulls back after surge on Sunday. DUBAI, Jan 2- Gulf stock markets were mixed on Monday as most reopened after the New Year, with Oman falling after the release of an austere state budget for 2017. Egypt edged down although foreign investors remained net buyers of stocks. Dubai's index rose 0.2 percent as much activity focused on speculative...

  • BERLIN, Jan 1- Deutsche Bank Chairman Paul Achleitner has ruled out a European merger or a state bailout after the lender's mortgage settlement with the U.S. Department of Justice, Frankfurter Allgemeine Sonntagszeitung reported. The bank, Germany's biggest, last week announced a $7.2 billion settlement with the U.S. Department of Justice over its sale and...

  • SHANGHAI, Dec 31- The Securities Association of China has told brokerages to strengthen their risk management regimes to include reputation risk, SAC said in a statement on its official website late Friday. The changes come at a sensitive time for the brokerage industry. Sealand Securities Co Ltd has been embroiled in a $2.4 billion bond scandal that raised...

  • TOKYO, Dec 29- Nomura Holdings Inc sees opportunities in the pro-business stance of U.S. president-elect Donald Trump, though his protectionist tilt brings uncertainty to the global economy, said the chief of Japan's biggest brokerage and investment bank. Japanese shares have gained since the New York billionaire's Nov. 8 election, spurred by Wall Street...

  • TORONTO, Dec 28- Canada's main stock index ended slightly higher on Wednesday as gold mining stocks lead gains in quiet trading. Canada volumes are off about 40 percent from where they generally are, "said Ian Scott, equity analyst at Manulife Asset Management. Barrick Gold rose 5.2 percent to C $20.71, and Goldcorp Inc climbed 4.8 percent to C $17.85.

  • BEIJING, Dec 28- China has suspended registration of private equity asset management plans for securities and futures brokerages for cases where money is lent to property developers or to illegally fund downpayments to buy property, three sources said on Wednesday. The new regulation applies to indirect and direct investment in residential projects in 16...

  • MEDIA- CHINA SEEKS TO CURB BROKERAGE INVESTMENT IN OVERHEATED. --China has proposed suspending registration of private equity asset management plans for securities and futures brokerages if the money is used to lend to property developers, illegally funding downpayments to buy property, a state-owned newspaper said on Tuesday. The proposal would apply to...

  • LONDON, Dec 23- European shares were steady on Friday with the focus on lenders after Deutsche Bank and Credit Suisse settled mortgage securities fraud suits in the United States, and Italy's Monte dei Paschi agreed to a bailout. The STOXX Europe 600 was flat at its close and unchanged for the week, but the index still on track for its best month since October 2015.

  • LONDON, Dec 23- Investment banking deal volumes in Russia rose almost 50 percent in 2016, with domestic advisors leading the charge, but continued sanctions and the economic contraction mean the industry remained a shadow of its former self. According to Thomson Reuters data up to Dec. 14, equity capital market volumes in Russia have more than doubled to $3.1...

  • LONDON, Dec 23- European shares edged up on Friday, buoyed by the banking sector after Deutsche Bank and Credit Suisse settled mortgage securities fraud suits with the United States, and as Italy's Monte dei Paschi agreed to a bailout. The STOXX Europe 600 was up 0.1 percent at 0950 GMT, flat for the week but still set for its best month since October 2015.

  • LONDON/ NEW YORK, Dec 23- For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry's assets, 2016 has been another year to forget. Those coming off worse included London- based Crispin Odey, whose Odey European fund was down around 50 percent by early December, and U.S.-based...

  • Q3 economic growth hurts sentiment in Hong Kong. Dec 23- China stocks fell on Friday morning in listless trade, dragged lower by brokerage and insurance shares, as investors shift their focus toward tougher financial regulation and away from a bond scandal whose risks are fading. Hong Kong equities dipped to five-month low on the last trading day before the...

  • The headquarters of Monte Dei Paschi di Siena bank in Siena.

    More than eight years after the collapse of the global financial system, the Continent's banks are struggling and things may worsen.

  • *Banca Leonardo focusing more on core Italian arm. PARIS, Dec 22- UBS France is to buy the local private banking arm of Italy's Banca Leonardo, the latest instance of consolidation in the private banking industry, which is having to contend with rising regulatory costs and a pressure on fees. UBS France will hold a majority stake in the joint venture and the...

  • BOSTON, Dec 21- Team-based hedge funds lost billions in cash and some of their cachet this year, creating an uncertain future for a strategy that had long been an industry darling. On Tuesday, Blackstone Group LP said it would shut its $1.8 billion Senfina Advisors after losing 24 percent this year. Earlier this year Deimos Asset Management, once associated with...

  • MILAN, Dec 21- Monte dei Paschi di Siena has all but failed to pull off a last-ditch rescue plan and a state bailout for the ailing Italian bank now looks inevitable, sources said on Wednesday. Monte dei Paschi had pinned its hopes on Qatar's sovereign wealth fund investing 1 billion euros in its cash call, but that option is no longer on the table, said the sources...

  • NEW YORK, Dec 21- Impact investments, which support social change while making money, have grown rapidly over the last three years as mainstream institutions such as pension funds and insurance companies have jumped on the bandwagon, a top industry executive said. But the global market, worth at least $77 billion at the end of 2015, has a "long way to go in terms of...

  • NEW YORK, Dec 21- U.S. prosecutors on Wednesday accused a former portfolio manager at New York state's retirement fund, the third largest in the United States, of steering $2 billion in trades to two brokerage firms in exchange for gifts such as cash, drugs and prostitutes. Manhattan federal prosecutors announced charges centered on the New York State Common...

  • The headquarters of Monte Dei Paschi di Siena bank in Siena.

    More than eight years after the collapse of the global financial system, the Continent's banks are struggling — and things may worsen.