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Corporate Finance Corporate Assets

  • NEW YORK, Dec 2- The DoubleLine Total Return Bond Fund, the largest fund in the firm by total assets, had net outflows of $1.4 billion in November, the third-largest cash withdrawals since the 2013 "taper-tantrum" months, while flows increased into DoubleLine's low duration and unconstrained bond funds, the firm said Friday. The $59.2 billion DoubleLine Total...

  • Founded in 2008, it has been one of the key lenders that Trump has turned to after his relations with major Wall Street banks soured following some of his business bankruptcies in the 1990 s. New York- based Ladder had about $6.2 billion of assets on its balance sheet as of September, $2.4 billion of which were commercial real estate loans and $2.7 billion of which...

  • *Bank of England sees challenging outlook for financial system. LONDON, Nov 30- Royal Bank of Scotland will cut costs and sell assets to boost capital, it said on Wednesday after failing its Bank of England stress test, with the central bank warning of a "challenging" outlook for Britain's financial system. Shares in RBS, which was bailed out by UK taxpayers eight...

  • *Bank of England sees challenging outlook for financial system. LONDON, Nov 30- Royal Bank of Scotland will cut costs and sell assets to boost capital levels, it said on Wednesday after failing this year's Bank of England stress test, which warned of a "challenging" outlook for Britain's financial system. The bank's shares were down 2.3 percent at 192 pence by 0901...

  • MILAN, Nov 28- Italy's battered banks could be the main casualty if the outcome of a Dec. 4 constitutional referendum triggers a government crisis. Sources have said bigger rival UniCredit, Italy's biggest bank by assets, will wait until February 2017 before seeking to raise as much as 13 billion euros in a share issue. Following is a summary of trouble spots in...

  • LONDON, Nov 28- Aberdeen Asset Management's assets rose during its latest financial year, with improving emerging market sentiment, currency gains and the impact of recent acquisitions cushioning a slide in revenues and profits. Aberdeen said it was on-track to hit its annualised cost-savings target of 70 million pounds and at 0921 GMT its shares were up 2.4...

  • Asset management industry faces some challenges: Pro

    Following Aberdeen Asset Management’s earnings, Credit Suisse's Bob Parker talks about the asset management industry’s profitability.

  • The bank was nationalized during Iceland's 2008-2011 financial crisis, with its domestic operations spun into a new bank known as Arion Banki, while all non-Icelandic assets remained with the now defunct Kaupthing. Baugur owed most of its debts in Mosaic to what was then Iceland's largest bank. Valuations of clothing retailers have come under pressure, with...

  • MADRID, Nov 24- Spain's Banco Popular has given its backing to Chairman Angel Ron and his plan to separate off the bank's problem property assets even though Ron is under pressure from shareholders who are unhappy with the scheme. In June, Popular raised 2.5 billion euros via a share issue to clean up its property asset portfolio and announced provisions which it...

  • SHANGHAI/ HONG KONG, Nov 24- German insurer Allianz is setting up a wholly-owned unit in Shanghai to launch hedge funds that invest abroad, three sources said, as some foreign managers prepare for China to ease curbs on overseas investments aimed at stemming capital outflows. The unit of Allianz, the world's fourth largest money manager by assets, will then apply...

  • President-elect Donald Trump speaks to reporters at Trump International Golf Club on Nov. 19, 2016, in Bedminster Township, New Jersey.

    The Trump Foundation appears to have told the IRS that it violated a ban on so-called "self-dealing."

  • *Polish industry, retail data are due at 1300 GMT. BUDAPEST/ WARSAW, Nov 21- Central European assets were little changed on Monday, after falling for two weeks following Donald Trump's victory in the U.S. presidential election. Investors are now concerned that changes in the U.S. will be followed by a political shift in Europe.

  • SHANGHAI, Nov 20- Scores of Hong Kong- listed companies- many small- are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. In addition, the Hong Kong dollar is pegged to the U.S. dollar, so when you buy Hong Kong dollar assets, you're actually buying into the U.S....

  • SHANGHAI, Nov 20- Scores of Hong Kong- listed companies- many small- are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. In addition, the Hong Kong dollar is pegged to the U.S. dollar, so when you buy Hong Kong dollar assets, you're actually buying into the U.S....

  • LONDON, Nov 18- Emerging market assets suffered on Friday after Federal Reserve chief Janet Yellen signalled a U.S. rate hike was on track, with Turkey's lira hitting a record low and other currencies also weakening while stocks were poised for a fourth week of losses. The dollar reached its highest level in almost 14 years and U.S. bond yields soared amid growing...

  • HONG KONG/ SINGAPORE, Nov 16- Foreign banks have been asked to make a written commitment to Malaysia's central bank to stop trading the ringgit in the offshore non-deliverable forwards market in the bank's latest move to protect a weakening currency, banking sources said. The letters were sent by banks in Malaysia who hold bonds and other Malaysian assets as...

  • *Lists assets and liabilities in $100- $500 mln range. NEW YORK/ MONTREAL, Nov 14- American Apparel LLC filed its second bankruptcy in just over a year on Monday, after struggling to overcome mounting losses, intense competitive pressures among U.S. teen retailers and a rocky chapter under its controversial founder. At least eight U.S. teen retailers, including Wet...

  • *Lists assets and liabilities in $100- $500 mln range. NEW YORK, Nov 14- American Apparel LLC filed its second bankruptcy in just over a year on Monday, after struggling to overcome mounting losses, intense competitive pressures among U.S. teen retailers and a rocky chapter under its controversial founder Dov Charney. At least eight U.S. teen retailers, including...

  • *Lists assets and liabilities in $100- $500 mln range. NEW YORK, Nov 14- American Apparel LLC filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder. American Apparel, known as much for its sexually charged advertising, listed assets...

  • NEW YORK, Nov 14- American Apparel LLC filed its second bankruptcy in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder. American Apparel listed assets and liabilities in the range of $100 million to $500 million, according to a Delaware court filing....