Standard Chartered is seeking to sell at least $4.4bn of assets in Asia, people with knowledge of the matter said, as the bank pares its balance sheet after booking record impairments.
After the worst start to a year since 2008, hedge funds repaired some of the damage in March as investments in equities, fixed income and commodities fueled the best monthly gains in two years.
Corporate defaults could be about to rise, according to Deutsche Bank (DB)’s closely watched annual default study, launched this morning.
The ex-West Ham United youngster played 90 minutes at left-back in Monday night's 3-2 home win over his former club.
Blackstone Group, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers as the vehicle’s main backer, Fidelity Investments, is pulling out.
I knew it was getting pretty boring sitting at the old desk twiddly my thumbs, but I never imagined that financial services would boast one of the highest levels of non-productivity in the land.
The Black Cats are facing relegation from the Premier League unless they can start picking up wins.
Liverpool are reportedly closing in on a deal for Ipswich Town teenager Andre Dozzell.
The Blues boss is under increasing pressure following another disappointing campaign.