×

Diversified Financials Capital Markets

  • *Citi business's EBITDA $46 mln, revenue $107 mln in 2016. *LSE sees $30 mln in revenue synergy benefits in first 3 years. May 30- London Stock Exchange is to buy Citigroup's Yield Book fixed-income analytics service and its related indexing business for $685 million in cash, the LSE's first big deal since its merger with Deutsche Boerse fell through in March.

  • *Deal a boost for information services and FTSE Russell indexes Citi business's EBITDA $46 mln, revenue $107 mln in 2016. *LSE sees $30 mln in revenue synergy benefits in first 3 years. May 30- London Stock Exchange is to buy Citigroup's Yield Book fixed-income analytics service and its related indexing business for $685 million in cash, the LSE's first big deal...

  • *EPS C $1.62 vs C $1.46. Scotiabank, which has the biggest foreign presence of any Canadian bank, is focusing its international strategy on the Pacific Alliance, a Latin American trade bloc comprising Mexico, Peru, Chile and Colombia. Scotiabank, the last of Canada's biggest lenders to report second-quarter results, said earnings per share, excluding one-off...

  • A financial advisor can help a client determine his or her optimal asset allocation.

    Most investors have heard the term, but many haven't grasped that an asset mix for one person may be completely inappropriate for another.

  • Scotiabank, which has the biggest foreign presence of any Canadian bank, is focusing its international strategy on the Pacific Alliance, a Latin American trade bloc comprising Mexico, Peru, Chile and Colombia. "Our operations in the Pacific Alliance region had a particularly strong performance in the quarter," Chief Executive Brian Porter said.

  • May 30- London Stock Exchange has agreed to buy The Yield Book, Citigroup's fixed-income analytics service and also its related indexing business, for $685 million in cash, the companies said on Tuesday. The deal, which is subject to regulatory clearances and is expected to close in the second half of this year, is expected to add $30 million in synergy benefits to...

  • May 30- London Stock Exchange has agreed to buy The Yield Book, Citigroup's fixed-income analytics and indexing business, for $685 million in cash, the companies said on Tuesday. The deal, which is subject to regulatory clearances and is expected to close in the second half of this year, is expected to add $30 million in synergy benefits to LSE's revenue over the...

  • SAO PAULO, May 29- Brazilian healthcare services provider Notre Dame Intermédica Sistema de Saúde SA on Monday filed for regulatory clearance to launch an initial public offering, the latest in a wave of stock listings in Latin America's largest economy after a years-long drought. The investment banking unit of Itaú Unibanco Holding SA will act as lead...

  • BEIJING, May 27- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $92.72 billion as of May 26, from $90.76 billion at the end of April, the foreign exchange regulator said on Saturday.

  • DUBLIN/ LONDON, May 26- British insurer Legal& General said it will move some of its investment management operations to Ireland to ensure it can continue to serve its customers after Brexit, while rival Aviva is turning its Irish branches into subsidiaries. LGIM's decision follows plans by rival fund manager M&G, a subsidiary of Prudential, to set up a management...

  • *Currently runs $142 bln on behalf of Europe clients. Sean Hagerty, head of Vanguard Europe, told Reuters that the money it manages in Europe, which is currently $142 billion, would grow strongly. "The growth rate in Europe has been somewhere close to 30 percent.

  • May 26- General Motors Co said on Friday proxy adviser Glass Lewis& Co LLC recommended shareholders to vote for GM's board nominees and against Greenlight Capital's proposal at the company's annual shareholder meeting in June. Hedge fund manager David Einhorn's Greenlight has been pressuring GM to split its common stock into two classes to help boost its...

  • LGIM's decision follows plans by rival fund manager M&G, a subsidiary of Prudential, to set up a management company and distribution arm in Luxembourg, which along with Dublin is one of Europe's main hubs for fund services. "This is yet another very important signal to the market that financial services companies can come to Ireland quickly and service their...

  • BOSTON, May 26- Fidelity Investments may support shareholder proxy proposals calling on companies to report on sustainability matters this year, a major shift by the Boston asset manager as climate activists gain more traction at large U.S. corporations. Fidelity's new language marks a milestone since the family-controlled Boston fund manager, the...

  • LONDON, May 26- Europe's brightening economic prospects are unlikely to insulate regional stocks from any sharp pullback on Wall Street where a wobble last week heightened anxiety about whether a market at record highs is due a correction. Darkening clouds in the United States contrast with an acceleration of the euro zone economy and an ebbing of political...

  • LONDON, May 26- Europe's brightening economic prospects are unlikely to insulate regional stocks from any sharp pullback on Wall Street where a wobble last week heightened anxiety about whether a market at record highs is due a correction. Darkening clouds in the United States contrast with an acceleration of the euro zone economy and an ebbing of political...

  • The bank's wealth management unit, known as Wells Fargo Advisors, will increase recruiting offers by as much as 50 percent, according to two people briefed on the changes who asked not to be named because they were not authorized to discuss them publicly. "Attracting the industry's top talent will always be a priority for Wells Fargo Advisors," said spokeswoman...

  • LONDON, May 25- Asset manager Columbia Threadneedle's multi-asset team upgraded equities to "overweight," citing clearing political clouds and a sharp improvement in corporate profits, particularly in Europe, for their optimism. Political risk in Europe has weighed heavily on the continent's equity markets over the past year, though the failure of populist...

  • LONDON, May 25- Asset manager Columbia Threadneedle's multi-asset team upgraded equities to "overweight," citing clearing political clouds and a sharp improvement in corporate profits, particularly in Europe, for their optimism. Political risk in Europe has weighed heavily on the continent's equity markets over the past year, though the failure of populist...

  • TORONTO, May 25- Royal Bank of Canada reported an 11 percent increase in second quarter earnings, beating market forecasts, helped by a strong performance in its capital markets and wealth management businesses. Canada's biggest lender by assets and market value on Thursday said earnings per share, excluding one-off items, rose to C $1.85 per share in the...