Financials (Legacy)

Citi’s Rousseau to focus on France, financial advisory across EMEA

Citi’s Rousseau to focus on France, financial advisory across EMEA

Published 01/09/2020

LONDON (Reuters) - Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo [more…]

Brazil’s fiscal fragility stokes funding fears, despite record low rates

Brazil’s fiscal fragility stokes funding fears, despite record low rates

Published 01/09/2020

BRASILIA (Reuters) - Brazil’s official interest rates and the average cost of servicing its public debt have never been lower, but investors are becoming worried [more…]

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Published 01/09/2020

PARIS (Reuters) - French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital - the two biggest shareholders in French company Lagardere (LAGA.PA) - said [more…]

Payment holiday parachute might COVID-proof government bonds, top fund says

Payment holiday parachute might COVID-proof government bonds, top fund says

Published 26/08/2020

LONDON (Reuters) - The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt [more…]

EU watchdog flags harder line on cross-border funds management

EU watchdog flags harder line on cross-border funds management

Published 20/08/2020

LONDON (Reuters) - Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets [more…]

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Published 11/08/2020

BOSTON (Reuters) - Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in [more…]

Global commercial insurance rates up 19% in second quarter – Marsh

Global commercial insurance rates up 19% in second quarter – Marsh

Published 10/08/2020

LONDON (Reuters) - Global commercial insurance rates rose 19% in the second quarter, driven higher by claims related to COVID-19 and other large losses, insurance [more…]

Pay out or stay out? Dividends in doubt as Australian profits catch virus

Pay out or stay out? Dividends in doubt as Australian profits catch virus

Published 10/08/2020

SYDNEY (Reuters) - Australian companies are likely to deliver smaller dividends in what is forecast to be the country’s worst earnings season in a decade [more…]

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [more…]

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Published 03/08/2020

LONDON (Reuters) - The location of TikTok owner ByteDance’s headquarters is a commercial decision for the company to make, a spokesman for British Prime Minister [more…]