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Diversified Financials Capital Markets

  • PARIS, May 9- Natixis reported a 40 percent rise in net income for the first quarter on Tuesday, as trading activity at the French bank surged, echoing a similar performance among its peers. "Activity levels in global markets were especially high and our asset management business also attracted renewed net inflow in the USA," Natixis chief executive Laurent Mignon...

  • SHANGHAI, May 9- China's securities watchdog has launched a nation-wide inspection on brokerages' asset management business, sources said on Tuesday, the latest move in China's regulatory crackdown of risky investments and shadow banking. Brokerages, along with trust firms and fund houses, have been used by banks as a channel to guide deposits into risky...

  • PARIS/ LONDON, May 9- European banks are privately warning they will have to shift thousands of people out of Britain if Brexit negotiations push the Bank of England to demand that they reinforce London operations with fresh capital, executives have told Reuters. British regulators have been comfortable with this situation with Britain as part of the EU, but...

  • NEW YORK, May 8- Below is a table listing some of the hedge fund managers who spoke at the Sohn Investment Conference in New York, in order of appearance, and the investment ideas they presented. Debra Fine Fine Long DHX Media Pegged DHX Media's Capital Ltd fair value at Partners LP C $20- C $30. Cited tax efficiency, excellent locations in United States.

  • NEW YORK, May 8- Shares in a real estate developer, a cable company and the Canadian creator of the Teletubbies show all rose on Monday after being promoted at an event in New York where hedge fund managers present a diverse range of investment ideas. Shares in Toronto- listed DHX Media Ltd, which owns rights to popular children's television shows including Bob the...

  • NEW YORK, May 8- Hedge fund investor Keith Meister of Corvex Management LP on Monday kicked off the year's most prominent investment conference by laying out the case for CenturyLink Inc shares, which he believes have an upside of 43 percent. Fine Capital Partners founder Debra Fine said she sees the fair value of DHX Media's shares at C $20 to C $30 and the...

  • May 8- Goldman Sachs Group Inc named M&A co-head Gregg Lemkau and financing group chief Marc Nachmann as co-heads of the firm's global investment banking division, according to an internal memo on Monday. The changes come after Goldman last year elevated former banking co-head David Solomon to the firm's No. 2 position alongside Chief Financial Officer...

  • Hedge funds cut their net long position in the three main futures and options contracts linked to Brent and WTI by 97 million barrels in the week to May 2. Fund managers now have the smallest net long position in crude futures and options since OPEC announced its production-cutting deal on Nov. 30. The ratio was also the lowest since the OPEC deal was announced and...

  • OSLO, May 8- Investors with more than $15 trillion of assets under management urged governments led by the United States to implement the Paris climate accord to fight climate change despite U.S. Signatories of the letter included the California Public Employees Retirement System and other pension funds from Sweden to Australia. The letter was addressed to...

  • SAO PAULO, May 5- BR Malls Participações, Brazil's largest mall operator, has hired banks to sell 1.7 billion reais worth of new shares in an offering as early as next week, a person with direct knowledge of the matter said on Friday. Rio de Janeiro- based BR Malls has hired the investment-banking units of Banco Bradesco SA, Itaú Unibanco Holding SA, JPMorgan Chase&...

  • NEW YORK, May 4- U.S. companies are reporting their strongest profit and sales growth in more than five years this earnings season, with more beating expectations and particular strength in the industrial sector. "The bears will say the comparisons were easy," said Bob Doll, chief equity strategist at Nuveen Asset Management in Princeton, New Jersey.

  • MILAN, May 4- Italian banks and asset managers are rushing to tap a 10 billion-euro wave of money expected to flow into small- and mid-caps, as clients seek tax breaks on investments in a government-sponsored plan, potentially creating a bubble. Final details are still missing but that has not stopped a rush that has sent indexes tracking Italy's small-caps to...

  • CHICAGO, May 4- Who will help you plan for retirement- a robot or a cyborg? "Advisers will have little choice but to integrate robo-like technology into their practices, according to Kitces, director of wealth management for Pinnacle Advisory Group and publisher of the widely followed Nerd's Eye View blog. In a provocative presentation at last weeks Morningstar...

  • CHICAGO, May 4- Who will help you plan for retirement- a robot or a cyborg? "Advisers will have little choice but to integrate robo-like technology into their practices, according to Kitces, director of wealth management for Pinnacle Advisory Group and publisher of the widely followed Nerd's Eye View blog. In a provocative presentation at last weeks Morningstar...

  • CHICAGO, May 4- Who will help you plan for retirement- a robot or a cyborg? "Advisers will have little choice but to integrate robo-like technology into their practices, according to Kitces, director of wealth management for Pinnacle Advisory Group and publisher of the widely followed Nerd's Eye View blog. In a provocative presentation at last weeks Morningstar...

  • CHICAGO, May 4- Who will help you plan for retirement- a robot or a cyborg? "Advisers will have little choice but to integrate robo-like technology into their practices, according to Kitces, director of wealth management for Pinnacle Advisory Group and publisher of the widely followed Nerd's Eye View blog. In a provocative presentation at last weeks Morningstar...

  • *London shares rise more than 3 percent. HONG KONG/ LONDON, May 4- HSBC Holdings Plc reported a better than expected first-quarter profit and capital position on Thursday, benefiting from an improved performance from its core operations and the return of cash from its U.S. unit. HSBC's shares rose 3 percent in London on Thursday, outperforming a 1 percent rise in the...

  • *Q1 profit before tax $5 bln versus $6.1 bln a year ago. HONG KONG/ LONDON, May 4- HSBC Holdings Plc on Thursday reported better than expected first-quarter profits and capital position on Thursday, boosting the lender's share price in Hong Kong as the bank seeks to move from restructuring to growth. HSBC's shares rose 2 percent in Hong Kong following the...

  • BEVERLY HILLS, Calif., May 3- After years of discord with a prominent hedge-fund manager, a federal investigation and bad publicity, Herbalife Ltd Chief Executive Officer Michael Johnson is taking a victory lap. At the Milken Institute Global Conference this week, Johnson touted the wares of his nutritional supplement maker, offering free shakes and protein...

  • *To hire 100 client advisors in Hong Kong over two years. HONG KONG, May 4- UBS Group AG plans to hire about 100 wealth management client advisors over the next two years in Hong Kong, the biggest wealth hub in Asia-Pacific, to grab a bigger share of the fast-growing mid-tier millionaire segment. "For us, the sweet spot is high-net-worth clients with investable assets...