Financials (Legacy)

Silver Lake appoints Egon Durban, Greg Mondre as first co-CEOs

Silver Lake appoints Egon Durban, Greg Mondre as first co-CEOs

Published 02/12/2019

(Reuters) - Private equity firm Silver Lake on Monday named company veterans Egon Durban and Greg Mondre to the newly formed roles of co-chief executive [more…]

Just Eat investor Cat Rock puts 925 pence per share price on engagement with Prosus

Just Eat investor Cat Rock puts 925 pence per share price on engagement with Prosus

Published 02/12/2019

LONDON (Reuters) - Investors in Just Eat (JE.L) should back the all-share merger with Takeaway.com (TKWY.AS) unless rival bidder Prosus lifts its offer for the [more…]

HSBC private banking sees double-digit asset, revenue growth on Asia boost

HSBC private banking sees double-digit asset, revenue growth on Asia boost

Published 27/11/2019

HONG KONG (Reuters) - The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a [more…]

Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

Published 26/11/2019

NEW YORK (Reuters) - Citadel’s commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping [more…]

India courts private hospitals to boost insurance program

India courts private hospitals to boost insurance program

Published 25/11/2019

NEW DELHI (Reuters) - India will offer incentives to private hospitals to take part in the government’s health insurance program, potentially the biggest of its [more…]

Saudi Aramco won’t breach maximum weight for firms in Saudi index: Argaam

Saudi Aramco won’t breach maximum weight for firms in Saudi index: Argaam

Published 24/11/2019

RIYADH (Reuters) - Saudi Aramco’s weighting in Saudi Arabia’s main stock index once the oil giant has listed shares is not expected to breach the [more…]

Bacon’s Moore Capital to return client capital after 30 years

Bacon’s Moore Capital to return client capital after 30 years

Published 21/11/2019

(Reuters) - Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management [more…]

Equities back in favor for sovereign investors in third quarter

Equities back in favor for sovereign investors in third quarter

Published 20/11/2019

LONDON (Reuters) - Sovereign wealth funds regained their appetite for equities in the third quarter, piling into passively managed stocks in the United States and [more…]

Sustainable investors face squeeze as larger firms move in

Sustainable investors face squeeze as larger firms move in

Published 19/11/2019

COLORADO SPRINGS, Colo. (Reuters) - Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector [more…]

Peter Thiel’s Palantir launches Japanese joint venture with insurer Sompo

Peter Thiel’s Palantir launches Japanese joint venture with insurer Sompo

Published 18/11/2019

SAN FRANCISCO/TOKYO (Reuters) - Silicon Valley data analytics company Palantir Technologies Inc has established a joint venture with Japanese insurance holding company Sompo Holdings Inc [more…]