Program Trading, Volume Down On NYSE On Holiday-Shortened Week
15th Jul 2010 15:42
DOW JONES NEWSWIRES Program trading declined last week on NYSE Euronext (NYX) during a shortened week due to the Fourth of July holiday weekend, while volume also dropped. Daily program trading volume average was 717.9 million, or 29.7%, of the average total of 2.41 billion shares changing
Read moreBarclays Wealth Hires Drews To Manage Ultra High Net Worth Clients
14th Jul 2010 17:02
DOW JONES NEWSWIRES Barclays Wealth, the wealth-management unit of Barclays PLC (BCS, BARC.LN), announced Wednesday it appointed Stefanie Drews to manage its ultra high net worth client group for the U.K. and Europe, the Middle East, and Africa regions. Drews joins the company from Morgan S
Read morePRESS RELEASE: BARCLAYS WEALTH HIRES HEAD OF ULTRA HIGH NET WORTH, UK & EMEA
14th Jul 2010 16:33
14 JULY 2010 BARCLAYS WEALTH HIRES HEAD OF ULTRA HIGH NET WORTH, UK & EMEA Barclays Wealth, a leading global wealth manager, today announced the appointment of Stefanie Drews as Managing Director, Head of Ultra High Net Worth, UK & EMEA. Stefanie will be responsible for continuing the build
Read moreSouth Africa's Naspers Hires Banks For Dlr Bond, Roadshow
14th Jul 2010 10:30
LONDON (Dow Jones)--South African-based diversified media company and pay-TV provider, Naspers Ltd. (NPN.JO), has hired Barclays PLC, Citigroup, and JP Morgan Chase & Co as joint bookrunners for a dollar-denominated bond issue, one of the banks said Wednesday. Naspers plans to meet bond investor
Read moreDeutsche Bank Hires Joshi From Barclays To Head EMEA Equities
14th Jul 2010 08:51
LONDON (Dow Jones)--Deutsche Bank AG (DB) has hired Dixit Joshi from Barclays PLC (BCS) to head its equities business in Europe, the Middle East and Africa, in a setback for Barclays Capital's efforts to build out its stock business globally. Joshi had been head of equities for EMEA at Barclays,
Read moreADR REPORT: Shares Climb On Strong Start To Earnings Season
13th Jul 2010 21:28
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended broadly higher Tuesday after better-than-expected earnings from early bellwethers boosted sentiment. Upbeat quarterly results from aluminium giant Alcoa Inc. (AA) and railroad o
Read moreTruvo, Backers Seek Injunction Against 'Dissident' Creditors
13th Jul 2010 18:42
By Patrick Fitzgerald Of DOW JONES DAILY BANKRUPTCY REVIEW A group of lenders backing Truvo Group's restructuring want a bankruptcy judge to bar a group of so-called dissident creditors from scuttling the European directory publisher's reorganization bid. In a filing Monday in Truvo's ba
Read moreCambridge Place Sues Major Banks Over $1.2B Subprime Losses
13th Jul 2010 15:39
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Cambridge Place Investment Management, the London- and Massachusetts-based hedge fund group that lost billions of dollars of assets from the financial crisis, is suing dozens of investment banks and brokers for the alleged missell
Read moreFinancial News: Tax Shadow Of EUR90B Hangs Over Europe's Banks
13th Jul 2010 15:09
By Liam Vaughan Of FINANCIAL NEWS European banks could be forced to take billions of pounds in writedowns over the next five years because of overly-optimistic calculations on future profitability contained within their accounts. According to research from KPMG published Tuesday, the 15
Read more2nd UPDATE: Nationwide Plans 10Y Euro LT2 Bond At Swaps +4.00
13th Jul 2010 13:59
(Adds background) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. lender, Nationwide Building Society (NANW.LN), plans to issue a 10-year, euro-denominated, lower tier-2 bond, and has set guidance at 400 basis points over mid-swaps, a bank running the sale said Tuesday.
Read moreThames Water Prices GBP550M Of Class B Bonds At Gilts +2.85
13th Jul 2010 13:39
LONDON (Dow Jones)--Thames Water Utilities Cayman Finance Limited has priced GBP550 million of class B, subordinated, secured bonds via lead managers Barclays Capital PLC, Deutsche Bank AG, HSBC Holdings PLC and Morgan Stanley, one of the banks leading the deal said Tuesday. Terms are as follows
Read moreUPDATE: Nationwide Plans 10-Year Euro LT2 Bond At Swaps +4.00
13th Jul 2010 12:42
(Adds details, background) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. lender, Nationwide Building Society (NANW.LN), plans to issue a 10-year, euro-denominated, lower tier-2 bond, and has set guidance at 400 basis points over mid-swaps, a bank running the sale said Tue
Read moreThames Water To Price 7Y Class B Sterling Bond At Gilts +2.85
13th Jul 2010 11:58
LONDON (Dow Jones)--Thames Water Utilities Cayman Finance Ltd. plans to sell a seven-year class B sterling bond at 285 basis points over gilts, one of the banks leading the deal said Tuesday. Barclays Capital PLC, Deutsche Bank AG, HSBC Holdings PLC and Morgan Stanley are leading the deal, which
Read moreNationwide Plans 10-Year Euro LT2 Bond At Swaps +4.00
13th Jul 2010 11:36
LONDON (Dow Jones)--U.K. lender Nationwide Building Society (NANW.LN) is planning to issue a 10-year, euro-denominated, lower tier-2 bond, and has set guidance at 400 basis points over mid-swaps, one of the banks running the sale said Tuesday. Barclays PLC, Deutsche Bank AG, and JP Morgan Chase
Read moreUPDATE: Barclays Wealth Adds 6 Bankers To Southeast, South Asia Teams
13th Jul 2010 11:33
(Adds comment from Asia Pacific CEO.) By Sam Holmes Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Barclays Wealth, the wealth management unit of Barclays PLC (BARC.LN), said Tuesday that it has added six senior bankers to its southeast and south Asian teams based in Singapore. Soh
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