Aegon Asset Management rolls out global opportunities fund
By New Statesman - 05 February 10:14

Aegon Asset Management is set to launch a global opportunities fund with a discretionary global macr

Citi makes further inroads in China
By New Statesman - 05 February 10:12

Citigroup has been granted approval by the China Banking Regulatory Commission (CBRC) to open a bran

Fresh £13bn cuts required, says IFS
By New Statesman - 04 February 11:52

The Institute for Fiscal Studies (IFS) has warned that additional spending cuts and tax increases to

Bravura, SSP sign five-year deal with Bao Viet Insurance
By New Statesman - 04 February 11:19

Bravura Solutions, a provider of wealth management applications and professional services has entere

Aegon sells funeral insurance business to Egeria for EUR212m
By New Statesman - 04 February 11:17

Aegon has sold its funeral insurance business in the Netherlands to a Dutch investment firm Egeria,

EuroCCP to launch clearing services for currency ETCs
By New Statesman - 04 February 11:15

European Central Counterparty (EuroCCP), a London-based, FSA-regulated recognised clearing house tha

Deutsche Bank to strengthen mid-cap companies' equity capital with Mittelstandsfonds fur Deutschland
By New Statesman - 04 February 11:13

Deutsche Bank said that small and medium-sized companies can obtain equity capital at favourable con

Citigroup's Mauritius arm to sell stake in multi-commodity exchange to Ashmore
By New Statesman - 04 February 11:09

Citigroup's Mauritius arm is planning to sell its 5% stake in Multi Commodity Exchange of India (MCX

Affiliated Managers Group to acquire Artemis from Fortis Bank
By New Statesman - 03 February 10:27

Affiliated Managers Group (AMG) has reached a definitive agreement with Artemis Investment Managemen

Barclays Capital joins ETF Securities' 3rd gen platform
By New Statesman - 03 February 10:26

Barclays Capital has joined ETF Securities' (ETFS) third generation ETF platform ETFX as an authoris

BNP Paribas, Gemalto forge partnership
By New Statesman - 03 February 10:24

As part of a strategy to deliver electronic banking solutions globally, BNP Paribas has enetered int

AIB, ING Direct, G4S Cash Services join Payments Council
By New Statesman - 03 February 10:23

Allied Irish Bank Group (UK), ING Direct and G4S Cash Services have joined as full members of The Pa

Citi adds Greece, Poland to agency lending network
By New Statesman - 03 February 10:22

Citigroup's global transaction services business said that Citi securities finance would offer agenc

Bank of Communications, Commonwealth Bank launch life insurance joint venture in China
By New Statesman - 02 February 11:43

Bank of Communications (BoCom) and the Commonwealth Bank of Australia have launched a new joint vent

Manulife to sell multi-currency individual annuity product
By New Statesman - 02 February 11:42

Manulife Life Insurance Company said that it will begin selling Growth Currency, a new multi-currenc

LSE's new electronic order book for retail bond market goes live
By New Statesman - 02 February 11:41

London Stock Exchange (LSE) has launched a new electronic order book for retail bond market. The new

RBC eyes acquisitions for asset management business expansion
By New Statesman - 02 February 11:39

Royal Bank of Canada (RBC) is planning to take the acquisition route to build its asset management b

Bank Austria, EIB agree to share credit risk for SMEs
By New Statesman - 02 February 11:36

Bank Austria and the European Investment Bank (EIB) have signed an agreement in Vienna, under which

BMW plans unloading from UK pension scheme
By New Statesman - 01 February 12:02

German auto giant BMW may unload around $4.07bn (£2.5bn) of longevity risks from its UK pension sche

RBS Sempra sale receives setback due to Obama announcement
By New Statesman - 01 February 11:59

The over $2bn sale of RBS Sempra, Royal Bank of Scotland’s commodity trading unity, has received a s

Bank insurance levy finds support at WEF
By New Statesman - 01 February 11:57

World’s leading bankers at the World Economic Forum in Davos have decided to support a new insurance

RBC to offer contactless Visa prepaid card at Vancouver 2010 Olympic, Paralympic Winter Games
By New Statesman - 01 February 10:38

RBC Royal Bank said that athletes, coaches and team officials attending the Vancouver 2010 Olympic a

Hanover Insurance unveils new suite of management liability products
By New Statesman - 01 February 10:33

Hanover Insurance Group, a provider of property and casualty insurance, has unveiled a new suite of

FTSE Group, Borsa Italiana launch new indices in Italian market
By New Statesman - 01 February 10:26

FTSE Group, a global index provider and Borsa Italiana, part of the London Stock Exchange Group, hav

Asset managers, banks in UK not confident about quality of reference data, says Patni
By New Statesman - 01 February 10:15

Over 35% of the UK-based asset managers and banks were not confident in the quality of reference dat

Banks must bolster balance sheets to stave off crisis, says IMF
By New Statesman - 01 February 10:02

International Monetary Fund (IMF) has warned global banking industry of an impending funding crunch

Citigroup in talks to sell real-estate investment unit
By New Statesman - 29 January 10:05

Under pressure from regulators to unload assets, Citigroup is in negotiations to sell Citi Property

JP Morgan Chase gets foreign bank agency license in Japan
By New Statesman - 29 January 10:03

J P Morgan Chase has received a foreign bank agency licence from the Financial Services Agency in Ja

European Commission approves Spanish bank recapitalization scheme
By New Statesman - 29 January 10:02

The European Commission (EC) has approved a Spanish recapitalization scheme for banks aimed at enhan

UK asbestos-related claims to be around £11bn for 2009 to 2050
By New Statesman - 29 January 10:01

Total undiscounted cost of UK asbestos-related claims to the insurance market is expected to be arou

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