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Offshore law firm Harneys appoints eight partners

Tue, 06/01/2009 - 06:00

Eight new partners have been made up at the offshore law firm Harney Westwood & Riegels. »

LME achieves another year of record volume

Tue, 06/01/2009 - 06:00

The London Metal Exchange achieved another record year in 2008 with over 113 million lots traded, representing a year-on-year increase of nearly 22 per cent. »

FSA announces end to short-selling ban but plans to extend disclosure regime

Mon, 05/01/2009 - 21:00

The Financial Services Authority has announced that it is not proposing to renew its ban on the short-selling of the stocks of UK financial sector companies, which is due to expire on Janu »

Morrison & Foerster elects ten lawyers to partnership

Mon, 05/01/2009 - 16:02

US-based law firm Morrison & Foerster has announced that ten lawyers have been elected to the partnership as of 1 January. »

Christian Klapproth leaves Eurex Bonds and Eurex Repo

Mon, 05/01/2009 - 15:58

Eurex Repo and Eurex Bonds have announced changes in the management team of both companies. »

GLG Partners halts quarterly dividends to preserve capital

Mon, 05/01/2009 - 11:53

GLG Partners, an alternative asset manager, has announced that its board of directors has determined not to continue paying a regular quarterly dividend on its common stock. »

Silk Invest acquires a majority stake in Danfonds Frontier Funds SPC

Mon, 05/01/2009 - 11:50

Silk Invest, a specialist asset management firm, has acquired Danfonds Frontier Fund SPC, a Cayman based hedge fund, in an all equity deal. »

FDIC sells USD14bn IndyMac Federal to private equity consortium

Mon, 05/01/2009 - 06:02

The Federal Deposit Insurance Corporation has signed a letter of intent to sell the banking operations of Pasadena, California-based IndyMac Federal Bank to a thrift holding company contro »

SEC halts USD23m Ponzi scheme and affinity fraud targeting Haitian-American investors

Mon, 05/01/2009 - 06:00

The Securities and Exchange Commission has obtained an emergency court order to halt an alleged Ponzi scheme and affinity fraud that collected more than USD23m from thousands of investors »

Aberdeen acquires GBP40bn Credit Suisse asset management business

Mon, 05/01/2009 - 06:00

Aberdeen Asset Management has agreed to acquire Credit Suisse's fixed-income, money-market and equity asset management business in Europe, Asia and Australasia, subject to shareholder and »

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