Investment Services
London shares boosted by US retail sales
Apr 16, 2012 12:43 EDT
London equities closed higher on Monday, recovering from last week's heavy falls, as positive US retail sales data underpinned sentiment.
New contract on French debt makes waves in election race
Apr 14, 2012 23:10 EDT
A new contract to cover risk on bonds issued by heavily-indebted France is getting a rough ride in Paris, just a week before the first round of a hotly-contested presidential election.
Deutsche Boerse appeals EU veto of NYSE merger
Apr 13, 2012 13:41 EDT
German stock market operator Deutsche Boerse said Friday it had appealed a European Union veto against a merger with NYSE Euronext that would have created the world's largest exchange operator.
Carlyle 'to seek $8 bn in stock float'
Apr 11, 2012 05:31 EDT
The Carlyle Group, a global asset manager that oversees some $150 billion in investments, aims to raise up to $8 billion in its upcoming share offer, the New York Times reported.
FTSE rebounds on US jobs data
Apr 05, 2012 12:35 EDT
London equities staged a modest rebound on Thursday ahead of the Easter break, finding some support in solid US jobs data a day after a sharp reverse on fresh concerns about the eurozone.
LSEG wins 60% acceptance for LCH.Clearnet stake
Apr 02, 2012 08:37 EDT
The London Stock Exchange Group said on Monday it had won more than 60 percent of shareholder acceptances for its offer for a majority stake in British clearing house LCH.Clearnet.
LSEG gets 60% acceptance level for LCH.Clearnet stake
Apr 02, 2012 07:53 EDT
The London Stock Exchange Group said on Monday that it has won more than 60 percent of shareholder acceptances for its offer for a majority stake in British clearing house LCH.Clearnet.
London Stock Exchange predicts 'strong' results
Mar 30, 2012 06:05 EDT
The London Stock Exchange Group forecast on Friday "strong" results for its 2011/2012 financial year, despite choppy financial markets.
Taiwan market jitters over capital gain tax bid
Mar 29, 2012 02:29 EDT
Taiwan has revived controversial plans to introduce a capital gains tax on stock traders, finance ministry officials said on Thursday, sending shudders through the local securities market.
BRICS summit focuses on new development bank
Mar 29, 2012 02:07 EDT
Leaders of the emerging world met in India Thursday to discuss creating a new development bank, at a summit in which the bloc will seek to convert its economic might into collective diplomatic clout.
BRICS summit shadowed by Tibet protests
Mar 28, 2012 17:08 EDT
The leaders of the emerging world gather Thursday in India to discuss the creation of a new development bank at a summit shadowed by protests by Tibetans against the Chinese president.
Japan's Elpida delisted from Tokyo bourse
Mar 28, 2012 02:31 EDT
Japan's Elpida Memory, one of the world's top microchip makers, was delisted from the Tokyo Stock Exchange Wednesday in the biggest corporate failure in Japanese manufacturing history.
Japan's Elpida to be delisted from Tokyo bourse
Mar 27, 2012 18:06 EDT
Japan's Elpida Memory, one of the world's top microchip makers, is set to be delisted from the Tokyo Stock Exchange Wednesday in the biggest corporate failure in Japanese manufacturing history.
Yahoo! board gets new members, defies hedge fund
Mar 25, 2012 19:36 EDT
Yahoo! on Sunday announced the appointment of three independent board members as the struggling Internet firm moved to shake up its team and fend off a challenge from an activist hedge fund.
BATS exchange IPO sunk by own trading glitch
Mar 23, 2012 17:21 EDT
An embarrassing electronic glitch that halted trade in shares of Apple, the world's largest company, forced electronic exchange operator BATS Global Markets to withdraw its IPO Friday.
Japan investment firm raided over pension fund loss
Mar 23, 2012 14:13 EDT
Japan's securities watchdog Friday raided the head office of a Tokyo investment company accused of losing $1.3 billion of pension funds' money after exaggerating its performance to attract clients.
Deutsche Bank chief earned 6.3 mn euros in 2011
Mar 20, 2012 06:26 EDT
Deutsche Bank chief executive Josef Ackermann's annual salary was steady at 6.2 million euros last year, while that of his successor, Anshu Jain, was sharply down, the group revealed on Tuesday.
Deutsche Boerse challenges EU on merger veto
Mar 19, 2012 15:52 EDT
German stock market operator Deutsche Boerse said on Monday it would challenge a European Union veto against a merger with NYSE Euronext that would have created the world's largest exchange operator.
UBS cuts 2011 staff bonuses by 40%
Mar 15, 2012 08:00 EDT
Swiss banking giant UBS said Thursday it had slashed overall 2011 staff bonuses by 40 percent to 2.6 billion Swiss francs (2.2 billion euros, $2.8 billion) due to weaker profits in a tough market.
US regulators crack down on private share traders
Mar 14, 2012 16:46 EDT
US securities regulators, following a year-long investigation, announced settlements Wednesday with two companies trading in private shares of high-flying technology firms such as Facebook.
