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Capital Markets Investment Banking and Brokerage

  • DUBAI, March 27- Dubai- based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre, the local fund management industry has largely confined itself to traditional equity and fixed income funds...

  • March 27- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial centre. More details are starting to emerge after Prime Minister Theresa May confirmed Britain would leave the European single market,...

  • March 27- Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, endangering London's status as a major financial center. More details are starting to emerge after Prime Minister Theresa May confirmed Britain would leave the European single market,...

  • LONDON, March 27- Britain- based banks should take steps to ensure they do not have to curb lending suddenly if the country leaves the European Union in a disorderly way, the Bank of England said on Monday as Prime Minister Theresa May prepares to start Brexit talks. BoE Governor Mark Carney said in January that the Brexit process was a bigger financial stability...

  • LONDON, March 27- British banks need to prepare for a wide range of potential outcomes and avoid sudden changes to lending as the country gets ready to leave the European Union, Bank of England policymakers said on Monday. Just two days before Prime Minister Theresa May plans to formally notify the European Union that Britain is ready to start two years of exit...

  • TOKYO, March 27- Japan's Nikkei share average skidded 1.4 percent on Monday, wallowing at a six-week low and deepening last week's 1.3 percent loss, on pressure from a resurgent yen. The Nikkei ended at 18,985.59 points, plumbing to its lowest level since Feb. 9 and losing 0.7 percent for the month so far. Shares in brokerage firms dropped in line with the broader...

  • Jon Corzine, former chairman of MF Global Holdings Ltd., exits district court in New York, on Thursday, March 9, 2017.

    The last big legal battle around the demise of the failed brokerage has finally been put to rest.

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon Corzine. It also ends a trial that began on March 7 in the U.S. District Court in Manhattan, where several witnesses including Corzine...

  • DUBAI, March 23- Oil giant Saudi Aramco has selected Samba Capital as one of two banks to work as an adviser on its planned share sale in Riyadh, banking sources told Reuters on Thursday. At least six investment banks pitched for a role advising the world's largest oil producer on its listing on the Saudi stock exchange in Riyadh, the Tadawul. Samba Financial Group,...

  • Britain is one of the four main shareholders of the bank, which provides finance and expertise for projects that contribute to European Union policy objectives. Britain has in theory a right to receive a 16.1 percent share of the bank's capital once it leaves the EU, a report of the British House of Lords said in March, estimating that the British claim could be...

  • *Israel bond market has been strong while stock market slumps. TEL AVIV, March 22- Investment bank Citi is expected to include Israel in its influential World Government Bond Index in coming months, a boost for the local bond market but a potential headache for the central bank as it fights to contain the surging shekel. Israel would account for less than 0.5...

  • "OPEC's decision in November 2016 to cut production was rational, in our view, and fit into its role of inventory manager of last resort," Goldman said. "However, the unintended consequence was to underwrite shale activity through a bullish credit market at a time when delayed delivery of the 2011-13 capex boom could lead to record non- OPEC production growth in...

  • HONG KONG/ MUMBAI, March 22- Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. In India, deals worth more than $1 billion are rare. Earlier this year, it also hired Ankur Dalwani, a former managing director at Jefferies in India, according to a source familiar with the move.

  • HONG KONG/ MUMBAI, March 21- Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. In India, deals worth more than $1 billion are rare. Earlier this year, it also hired Ankur Dalwani, a former managing director at Jefferies in India, according to a source familiar with the move.

  • LONDON, March 22- JP Morgan retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of U.S. banks, reflecting their domination over struggling European peers, data on Wednesday showed. JP Morgan's revenues from trading, mergers and acquisitions and other investment banking activity rose 11...

  • A man walks through the snow and wintry mix in front of the New York Stock Exchange (NYSE), March 14, 2017 in New York City.

    Sell ratings are generally rare, but dozens more than normal have been issued in recent weeks.

  • TORONTO, March 21- A push by Canadian companies and pension funds to aggressively pursue overseas acquisitions is helping global investment banks to win a bigger share of M&A advisory mandates and prompting once-dominant domestic rivals to beef up their international operations. Canada's outbound M&A volume hit a record $128 billion last year.

  • "OPEC's decision in November 2016 to cut production was rational, in our view, and fit into its role of inventory manager of last resort," Goldman said. "However, the unintended consequence was to underwrite shale activity through a bullish credit market at a time when delayed delivery of the 2011-13 capex boom could lead to record non- OPEC production growth in...

  • March 21- Jefferies Group LLC, the investment banking unit of Leucadia National Corp, on Tuesday reported a quarterly profit, compared with a year-ago loss, helped by strong revenue from its equities and fixed-income securities trading business. Net earnings attributable to Jefferies were $114.02 million in the first quarter ended Feb. 28, compared with a loss...

  • HONG KONG/ MUMBAI, March 21- Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. In India, deals worth more than $1 billion are rare. Earlier this year, it also hired Ankur Dalwani, a former managing director at Jefferies in India, according to a source familiar with the move.