Financials (TRBC)

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…]

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…]

Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

Published 18/11/2019

LONDON (Reuters) - Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset - it’s backed by another [more…]