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Pacific Investments launches new offering in commercial foreign exchange
Digby is joined on the advisory board by Sir John Beckwith and Jim Pettigrew, the former CFO of ICAP plc and currently a non-executive director of Aberdeen Asset Management and Hermes. Argentex offers a distinct and innovative commercial foreign ...
ALEX BRUMMER: JP Morgan Cazenove banker Ian Hannam mines his friends
What this muddle shows is that while it may have been good business for Hannam et al to bring mining and oil stocks to the London market, creating wealth for the company founders and investment bankers, the underlying governance and transparency of the ...
FSA warns on centralised investment propositions
The FSA has warned firms against “shoe-horning” clients into investment services such as model portfolios and discretionary fund management, and says it is “unacceptable” that many firms cannot justify why investment switches have taken place.
Rivals play catch-up with the Pru in Indonesia
Joachim Wessing, country manager for Allianz in Indonesia, says, for example, that local regulations are not as stringent as in many markets in Europe, where the disclosure of commissions and fees is required.
Prudential Regulatory Authority selects HQ
One of the hubs of City deal-making from the past decade is to become the power base for the new financial services regulator. The Bank of England is set to announce as early as next week that the Prudential Regulatory Authority - the part of the soon ...
BAA sells Edinburgh Airport for �807m
BAA, the operator of the UK's biggest airports including Heathrow and Stansted, has sold Edinburgh Airport to the owner of Gatwick airport for �807.2m, in an all-cash deal that values the asset at almost 17 times last year's earnings. ... But industry ...
BP names economist to head Canadian unit
CALGARY - BP PLC has appointed Christina Verchere to run its Canadian unit. An economist, Ms. Verchere started ... BP sold a significant portion of its Canadian assets to pay for the cleanup of the Macondo oil spill in the Gulf of Mexico, including ...
Shell accused of deceit, trickery and fraud by a group of over 100 former ...
Under the few weeks that NECONDE ran Batan Flowstation before it was taken over by NPDC, they had already drawn up plans on how to re-enter the other assets in OML 42. These are Jones Creek, Egwa 1, Egwa 2, Odidi 1 and Odidi 2 Fields. With NPDC ...