Firm Management
Protest continue in Thailand - top equity fund manager continues to sell stocks
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
Warburg Pincus dealmaker Kewsong Lee is now Carlyle's Deputy Chief Investment Officer
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Financial advisers make use of social media for business
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
SAC pleads guilty – pays USD1.2 billion in penalty
SAC Capital pleaded guilty to five counts of criminal charges amounting to USD1.2 billion in penalty.
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According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.
The 2013 Investec Private Equity study takes the observations of fifteen senior private equity executives and their views on the future of the market.
Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO. Twitter's IPO is not just about shares held by investors and employees.
The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.
Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.