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Author: KMFSLLP

11 Jul UPDATE 7-Trump blasts UK PM May’s Brexit plan, says it puts trade deal in doubt

Posted at 22:56h in News by KMFSLLP 0 Comments

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* Trump to head straight to see Putin after UK visit (Recast with Trump's newspaper interview)

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11 Jul UPDATE 1-Ex-NY state pension fund manager gets 21 months prison for bribe taking

Posted at 21:39h in News by KMFSLLP 0 Comments

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A former portfolio manager at New York state's retirement fund was sentenced to 21 months in prison on Thursday for engaging in a scheme to steer trades to two brokerages in exchange for bribes that included vacations, cocaine and prostitutes.

11 Jul Ex-N.Y. pension fund manager gets 21 months prison for taking bribes

Posted at 21:16h in News by KMFSLLP 0 Comments

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A former portfolio manager at New York state's retirement fund was sentenced to 21 months in prison on Thursday for taking part in a scheme to steer trades to two brokerages in exchange for bribes that included vacations, cocaine and prostitutes.

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11 Jul Singapore’s GIC flags lower long-term returns in tough investment climate

Posted at 21:00h in News by KMFSLLP 0 Comments

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Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as U.S. stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.

11 Jul REFILE-A decade on, pre-crisis mortgages linger for big banks, homeowners

Posted at 20:58h in News by KMFSLLP 0 Comments

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A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth.

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11 Jul COLUMN-Beyond GE: U.S. workers own too much company stock in retirement plans

Posted at 20:26h in News by KMFSLLP 0 Comments

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The decision marked the end of an era: last month, the keepers of the Dow Jones Industrial Average removed General Electric Co , one of the original stocks included in the index when it was...

11 Jul MasterCard customers suffer outages around the world

Posted at 20:14h in News by KMFSLLP 0 Comments

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Problems arise just weeks after rival Visa hit technical problems

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11 Jul Saudi Prince Alwaleed pledges support for crown prince’s reforms

Posted at 20:04h in News by KMFSLLP 0 Comments

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Saudi Arabian billionaire Prince Alwaleed bin Talal, who was detained for three months in an anti-corruption campaign under Crown Prince Mohammed bin Salman, pledged support on Thursday for the young leader's programme of sweeping reforms.

11 Jul France’s La Poste plans to buy stake in insurer CNP Assurances-source

Posted at 19:50h in News by KMFSLLP 0 Comments

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France's La Poste is planning to buy the stake in insurer CNP Assurances held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalised, a source close to the mail company told Reuters on Thursday.

11 Jul UPDATE 2-EU backs Bulgaria’s first step towards joining euro

Posted at 19:38h in News by KMFSLLP 0 Comments

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Euro zone finance ministers gave their green light on Thursday to Bulgaria's bid to join the bloc's banking union, a step towards the Balkan state's adoption of the euro, they said in a statement.

Author: KMFSLLP

11 Jul UPDATE 7-Trump blasts UK PM May’s Brexit plan, says it puts trade deal in doubt

11 Jul UPDATE 1-Ex-NY state pension fund manager gets 21 months prison for bribe taking

11 Jul Ex-N.Y. pension fund manager gets 21 months prison for taking bribes

11 Jul Singapore’s GIC flags lower long-term returns in tough investment climate

11 Jul REFILE-A decade on, pre-crisis mortgages linger for big banks, homeowners

11 Jul COLUMN-Beyond GE: U.S. workers own too much company stock in retirement plans

11 Jul MasterCard customers suffer outages around the world

11 Jul Saudi Prince Alwaleed pledges support for crown prince’s reforms

11 Jul France’s La Poste plans to buy stake in insurer CNP Assurances-source

11 Jul UPDATE 2-EU backs Bulgaria’s first step towards joining euro

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