Financial Markets
7 hours ago
A group of fund managers has warned that pending European Union bankers bonus cap rules could damage a significant part of London’s financial services sector.
Financial Markets
6 days ago
BlackRock’s Mark Lyttleton, who was picking winning stocks as an 8-year-old, became a U.K. poster boy for retail clients seeking hedge-fund style investments after posting positive returns in 2008 when markets crashed. Money poured in.
Financial Markets
1 month ago
BlackRock has hired former Morgan Stanley MS -1.74% banker Scott Greenberg to lead its new global capital markets division for Asia Pacific.
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Financial Markets
2 months ago
The European Parliament may ease a planned ban on fund-manager bonuses that exceed fixed pay if investors are allowed to vote on the larger awards, the lawmaker leading work on the standards said.
Financial Markets
2 months ago
BlackRock plans to exit the business of investing directly in private-equity deals as it focuses on its fund-of-funds business.
Financial Markets
2 months ago
Schroders, Europe’s biggest publicly traded money manager, agreed to buy Cazenove Capital Holdings Ltd. for $646m to expand its private-banking operations.
Financial Markets
2 months ago
The European Parliament’s vote to cap bonuses in the asset-management industry could affect two- thirds of senior fund managers in the U.K., U.S. funds in Europe and hedge funds open to small investors.
Financial Markets
2 months ago
Fund managers are facing a push by European Parliament lawmakers to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
Financial Markets
2 months ago
In a case brought by the Financial Services Authority (FSA), Paul Milsom, a senior equities trader, has Thursday been sentenced at Southwark Crown Court to 2 years imprisonment for disclosing inside information between October 2008 and March 2010.
Financial Markets
3 months ago
BlackRock, the world’s biggest money manager, is accused in a lawsuit by two pension funds of reaping 'grossly excessive' compensation from securities- lending returns associated with iShares Inc.