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  • DOHA, Dec 6- Qatar First Bank plans to list its shares on the Qatar exchange as early as the first quarter of 2016, the chairman of the sharia-compliant financial institution said on Sunday. Things are on the right track, " Abdulla al-Marri told journalists at a press conference in Doha. The firm has long been linked with a flotation, in what would be only the second new...

  • PARIS, Dec 4- The California Public Employees Retirement System, the largest public pension fund in the United States, will begin engaging more companies in its portfolio on climate change, its head of governance said on Friday. "This study means that we can be laser-focused on where we take our engagement," CalPERS' Investment Director of Global Governance Anne...

  • Dec 4- A New York City hedge fund manager who allegedly faked his own death to conceal his fraud was convicted on Friday for stealing more than $800,000 from investors he solicited, New York Attorney General Eric Schneiderman said on Friday. Moazzam Ifzal "Mark" Malik, 33, from Lahore, Pakistan, was convicted on all 28 counts he faced, including grand larceny and...

  • NEW YORK, Dec 4- New York City Mayor Bill de Blasio urged the city's pension funds on Friday to divest their holdings in stocks of gun makers after this week's mass shooting in San Bernardino, California. Two of the funds in the city's $155 billion pension system ditched their holdings in gun manufacturers such as Smith& Wesson Holding Corp and Sturm Ruger& Co Inc...

  • SAO PAULO, Dec 4- Embattled investment bank Grupo BTG Pactual SA has secured a $1.6- billion lifeline from a deposit guarantee fund backed by Brazil's top banks as it bids to bolster cash and stem outflows following the arrest of founder André Esteves last week. In a statement, BTG Pactual said it placed a pool of outstanding loans as collateral to back the 6-...

  • Dec 4- Barclays Plc plans to cut more jobs in its investment banking unit, a source familiar with the matter said, as the British bank steps up efforts to slash costs and boost profit. Bloomberg reported earlier in the day that Barclays would cut 20 percent more investment banking jobs, citing the bank's Chief Executive Jes Staley. Barclays is midway through a...

  • *Adidas, struggling keep pace with Nike, searches for new CEO. LONDON/ BERLIN, Dec 4- Egyptian tycoon Nassef Sawiris has formed a partnership with U.S. investor Mason Hawkins and his colleagues at Southeastern Asset Management to drive change at companies they invest in- and they have sportswear firm Adidas in their sights. It could set its sights on Germany's...

  • NASSEF SAWIRIS AND PARTNERS AT SOUTHEASTERN ASSET MANAGEMENT FORM LONG-TERM INVESTMENT VENTURE- SOURCE.

  • SAO PAULO, Dec 4- Brazil's deposit guarantee fund on Friday provided Grupo BTG Pactual SA a credit facility worth 6 billion reais, bolstering cash at Latin America's biggest independent investment bank after its founder's arrest last week sent clients scrambling to withdraw their money. In a statement, BTG Pactual said it placed a pool of outstanding loans as...

  • SAO PAULO, Dec 4- Brazil's deposit guarantee fund on Friday provided Grupo BTG Pactual SA with a credit facility worth 6 billion reais, boosting the finances of Latin America's biggest independent investment bank after the arrest of its founder sparked an outflow of funds. In a securities filing, BTG Pactual said it would use a pool of outstanding loans to back...

  • SAO PAULO, Dec 4- Grupo BTG Pactual SA, the embattled Brazilian investment bank shedding assets after the arrest of its founder, is in talks with three unspecified international banks over the sale of Swiss private bank BSI Group, a source with knowledge of the plan said. The decision to dispose of BSI, which BTG Pactual integrated only three months ago following...

  • SAO PAULO, Dec 4- Brazil's deposit guarantee fund agreed on Friday to extend Grupo BTG Pactual SA a credit facility worth 6 billion reais, boosting the finances of Latin America's biggest investment bank following the arrest of its former controlling shareholder and an outflow of funds. In a securities filing, BTG Pactual said it would use a pool of outstanding...

  • Dec 3- Sandell Asset Management Corp urged Bob Evans Farms Inc to sell its packaged foods business, which the activist investor said could fetch more than $950 million. Cereal maker Post Holdings Inc has expressed interest in the packaged foods business, Sandell said in a letter sent to the Bob Evans board. Post Holdings also has the ability to structure a deal...

  • Dec 3- Sandell Asset Management Corp urged Bob Evans Farms Inc to sell its packaged foods business, which the activist investor said could fetch more than $950 million.

  • DUBLIN, Dec 3- The' bad bank' set up six years ago to mop up toxic assets in Ireland's financial system is on track to generate possible profits of over 2 billion euros, its chairman said on Thursday, in a sign of the economy's dramatic turnaround. The National Asset Management Agency was established in 2009 to rid local banks of risky loans made before a property...

  • RCS Capital Corp said Wednesday that as part of a settlement with Massachusetts Secretary of the Commonwealth William Galvin, it would terminate its registration nationally for the business, Realty Capital Securities. The settlement raises questions about the fate of the $6 million deal announced last month in which RCS Capital agreed to sell the...

  • NEW YORK/ LONDON Dec 2- New Barclays Plc Chief Executive Jes Staley has approached his former JPMorgan colleague Blythe Masters to run the British bank's investment bank division, a person familiar with the matter said on Wednesday. A spokesman for Barclays declined to comment. Barclays is shrinking its investment banking business and its current boss, Tom...

  • BARCLAYS' CEO STALEY HAS APPROACHED BLYTHE MASTERS TO RUN INVESTMENT BANK-SOURCE.

  • SAO PAULO, Dec 2- Founding partners in Grupo BTG Pactual SA took control of the Brazilian investment bank from jailed financier André Esteves on Wednesday in an attempt to distance the firm from the most sweeping corruption investigation in the country's history. A day after its credit rating was downgraded to junk, BTG Pactual said Esteves, until now the...