In what can only be called a bittersweet victory, investors declare Lehman Brothers researchers the best in the business for a sixth straight year in Institutional Investor's 37th annual All-America Research Team survey. Polling for the 2008 survey was completed in July -- well before the Lehman bankruptcy, when that...
Britain's banks have not yet made the disastrous write-offs of sub-prime assets announced by their US rivals, but they can't delay disclosure of any losses much longer. Sean Farrell reports Business Analysis HSBC will today kick off the most keenly awaited round of bank trading...
The causes of the present credit crisis are many and varied. From the Fed's policy of cheap money to the bonus-driven fee structure of the City and Wall Street, there are plenty of culprits in the debt market meltdown. Sean Farrell, Sean O'Grady and Stephen Foley identify some of the...
The causes of the present credit crisis are many and varied. From the Fed's policy of cheap money to the bonus-driven fee structure of the City and Wall Street, there are plenty of culprits in the debt market meltdown. Sean Farrell, Sean O'Grady and Stephen Foley identify some of the...
- ETF Securities has launched six new oil exchange traded commodities on the London Stock Market. These provide investors with exposure to one, two and three-year oil prices in Brent and WTI oil benchmarks. - Fabien Pictet and Partners FPP has put its faith...
The banking industry's largest ever takeover battle lurched closer to an end last night after shareholders in Fortis overwhelmingly approved its plan to raise cash to finance its part of a consortium bid for ABN Amro. Separately, Barclays officially launched a competing offer for the Dutch giant. ...
Bob Diamond, the head of Barclays' investment banking business, tried yesterday to reassure investors about the impact of recent turmoil in credit markets as the bank sought to push up its share price to win the war for ABN Amro, the Dutch bank. Barclays is in a...
Sentiment underpinned by fresh merger activity Jonas Crosland Leading shares have shown only modest gains this morning, and by lunchtime the FTSE100 index had risen 26.2 points to stand at 6,611.4. Sentiment in the second liners was less positive however, and the FTSE250 index...
My local Sainsbury's still runs out of fresh bagels by about mid- afternoon on most days, but despite its shortcomings, the supermarket would fare no better under the ownership of Delta Two, the Qatari-backed investment fund. Why? Well, let's recap slightly. Just two months ago, the board...
Early gains lost as investors keep their powder dry Jonas Crosland Leading shares trod water for most of the morning session in London before easing a little towards lunchtime to leave the FTSE 100 index down 21.2 points at 6,695.5. Mid-cap stocks also drifted, and...
Consolidation in the housing sector continues, and an intense bout of bid speculation surrounded Berkeley Group yesterday. At one stage the shares rallied 154p to 1,873p, a new intra-day high, before closing 111p better at 1,830p. The rest of the housing sector was sluggish in comparison and...
ABN Amro's chief executive, Rijkman Groenink, defended plans to merge with Barclays amid angry scenes at the company's annual meeting yesterday. It came as an increasingly aggressive Royal Bank of Scotland-led consortium accused ABN of imposing unreasonable conditions on granting access to its books. At the meeting...
First it was the acquisition of Aon's UK multi-manager business by Close Investments. Then, in rapid succession, Barclays revealed it was in merger talks with ABN Amro, while Jupiter announced a management buyout from owners Commerzbank, to be backed by TA Associates, the US private equity...
LONDON AFP — European equities pulled back in cautious trade on the eve of a US interest rate call, as investors digested the possible merger of British bank Barclays and Dutch peer ABN Amro, dealers said Tuesday. The US Federal Reserve was widely expected to keep its short term...
Barclays Wealth has called on investors to pile into its Guaranteed FTSE Account before the product closes on 4 April due to changes in Isa rules.. Oliver Shah Barclays Wealth has called on investors to pile into its Guaranteed FTSE Account before the product...
Byline: Robert Clow Jun 01, 2006 (The Australian - ABIX via COMTEX) -- Australian investment bank, Macquarie Bank, has finalised its deal to reduce the debt of Eurotunnel. Goldman Sachs and two Macquarie European Infrastructure Fund entities will lead a group of investors...
SAN FRANCISCO -- Barclays Global Investors BGI today submitted to the U.S. Securities and Exchange Commission a filing for ten iShares Dow Jones Subsector Index Funds that states that the Funds' annual expense ratios will be set at 0.48%. The Funds are expected to be publicly available sometime in May...
Cautious investors seeking a regular high end income are looking to the rest of the world for opportunities, according to Barclays. Cautious investors seeking a regular high end income are looking to the rest of the world for opportunities, according to Barclays.
MILWAUKEE -- American Appraisal Associates Inc. hired Francis Investment Counsel to provide investment consulting and employee communication and education services for its $31.2 million 401k plan. Diane Bradley, vice president of human resources, said previous consultant Smith Barney was terminated for organizational reasons. ...
Unit trust performance tables What the tables show The figures show the value of 100 [pounds sterling] over six months, one, three, five and ten years to 29 August 2003, on an offer-to-bid basis with net income reinvested. Funds are listed by sector so that you can compare...
