Asset Management and Custody Banks
More
-
WARSAW, April 3- Poland is considering cancelling $39 billion in treasury bonds held by private pension funds and paying the resulting pension shortfall out of its own budget, a newspaper said on Wednesday.
-
*FTSEurofirst 300 down 0.9 percent. LONDON, April 3- European shares closed lower on Wednesday as weak U.S. data heightened worries that the global economy's growth prospects will struggle to justify recent stock market gains.
-
NICOSIA, April 2- On the evening of the last Wednesday in March, the directors of Laiki bank, the second largest in Cyprus, gathered in their sixth floor board room for the last time. "Laiki Bank was a very good bank for many, many years," said Afxentis Afxentiou, a former governor of Cyprus' central bank.
-
It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
-
*Tesla Motors rallies after profit outlook. "The economy is still improving ever so slowly, so I think there's room for the market to go up," said Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management, in Champaign, Illinois.
-
The Chapter 9 bankruptcy case for Stockton, Calif., is being closely watched nationally. At issue: Does federal bankruptcy law trump the California law that says debts to the state pension fund must be honored?
-
The two strongest equity sectors that have fueled the S&P 500's recovery are consumer staples and consumer discretionary stocks.
-
*European shares rebound as Cyprus tensions ease. NEW YORK, March 28- Major stock markets recovered, with the benchmark S&P 500 stock index trading above its record closing high, and the euro edged off a four-month low on Thursday, as banks in Cyprus reopened to relative calm following the island's controversial bailout.
-
LONDON, March 28- Global investors grew more cautious this month, reacting to the crisis in Cyprus by adding to safe-haven bond positions, though cash buffers fell to a two-year low, Reuters monthly poll of asset managers showed on Thursday.
-
*China banks slump after regulator orders more checks on WMPs. HONG KONG, March 28- China shares suffered their worst loss in nearly a month on Thursday, as Hong Kong closed out the first quarter on a tepid note, with banks sinking after Chinese regulators ordered more transparency on wealth management products.
-
HONG KONG, March 28- Hong Kong shares were knocked off their highest in almost two weeks on Thursday, ending the first quarter on a whimper, after the mainland's banking regulator moved to tighten regulation over wealth management products. The China Enterprises Index of the top Chinese listings in Hong Kong shed 1.3 percent.
-
HONG KONG, March 28- Chinese shares suffered their worst daily loss in nearly a month on Thursday, with banks taking the biggest hit after they were ordered to tighten control over wealth management products and improve transparency. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed down 3.3 percent at 2,499.3.
-
HONG KONG, March 28- China shares were headed for their worst loss in nearly a month on Thursday, hurting Hong Kong markets, with banks taking a hit after they were ordered to tighten control over wealth management products and improve transparency.
-
LONDON, March 28- Global investors grew more cautious this month, reacting to the crisis in Cyprus by adding to safe-haven bond positions, though cash buffers fell to a two-year low, Reuters monthly poll of asset managers showed on Thursday.
-
LONDON, March 28- European shares extended their run of month-on-month gains on Thursday, led by takeover target D.E. A relatively calm reopening of banks in Cyprus after their closure during the country's recent bailout negotiations also helped the FTSEurofirst 300 provisionally close up 0.3 percent at 1,188.14.
-
HONG KONG, March 28- China shares extended losses on Thursday, as banks took a hit after they were ordered to tighten control over wealth management products and improve transparency. At 0115 GMT, the CSI300 of the leading Shanghai and Shenzhen A-share listings was down 3.3 percent at 2,496.2. The Shanghai Composite Index was down 2.7 percent.
-
HONG KONG, March 28- China shares were headed for their worst loss in nearly a month on Thursday, with banks taking a hit after they were ordered to tighten control over wealth management products and improve transparency.
-
HONG KONG, March 28- Hong Kong shares were set to open lower on Thursday, with Chinese banks broadly weaker after the country's banking regulator ordered banks to strengthen checks on underlying assets of a range of wealth management products. The Hang Seng Index was set to open down 0.3 percent at 22,390.4.
-
March 27- Commodity and macro markets trader Stephen Jamison has closed his macro commodity fund to new investors after nearly doubling its capital to $1.5 billion last year, making it one of the biggest players in that niche market.
-
HONG KONG, March 27- Foreign investors are buying up Thai funds at their fastest pace in more than five years, lured by ample returns from an ascendant currency and extending the life of a share price rally in what was Southeast Asia's best performing market last year.
Most Popular Video
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Monday, 17 Jun 2013 | 8:18 PM ETBeijing is hoping that building more cities will create wealth for its people but as CNBC's Eunice Yoon reports, it's also fueling a debilitating rise in property prices.
Monday, 17 Jun 2013 | 5:00 PM ETFundamentals haven't changed enough to substantiate worries that the Fed would cut back on quantitative easing yet, Josh Brown of Fusion Analytics says.