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News

19 Feb Canadian pension fund Caisse posts 10.4% return in 2019

Posted at 16:00h in News by KMFSLLP 0 Comments

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Canada's second-biggest pension fund Caisse de dépôt et placement du Québec (CDPQ) on Thursday reported average weighted returns of 10.4% in 2019, as strength in its equities portfolio offset underperformance in real estate holdings.

19 Feb Coronavirus could pose threat to cruise ship credit ratings

Posted at 15:59h in News by KMFSLLP 0 Comments

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The impact on cruise companies' earnings from canceled trips, steep discounts and ships quarantined over coronavirus concerns could pose credit risks, said credit ratings agencies Moody's Investors Service and S&P Global Ratings.

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19 Feb Illy presses ahead with plans to expand after Peninsula bid

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The Illy family, which owns illycaffe coffee and a portfolio of food ventures dubbed Polo del Gusto, is pressing ahead with plans to find partners for the two businesses after one family member decided to sell his stake to an outsider, sources said.

19 Feb NEWSMAKER-UBS’s tech-savvy new boss Hamers not always loved by the Dutch

Posted at 15:48h in News by KMFSLLP 0 Comments

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Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills lender in Germany and simplifying its product portfolio.

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19 Feb Lloyds gives investors a share in UK economy and in future mistakes

Posted at 15:47h in News by KMFSLLP 0 Comments

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Lender cheered; Smith & Nephew’s sprightliness; Dark days at De Beers

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19 Feb Climate activist convicted for Credit Suisse red paint protest

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A climate change protester who smeared red paint on the window of a Credit Suisse bank branch has been ordered to pay more than $2,000 in damages after he was convicted on Thursday.

19 Feb EU and UK have lost any shared vision of their future

Posted at 14:24h in News by KMFSLLP 0 Comments

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Brussels document will leave fundamental gulf between two sides’ ambitions

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19 Feb Art of Fashion SS20

Posted at 14:13h in News by KMFSLLP 0 Comments

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Jeremy Scott goes crazy for cubism, an Instagram artist sprinkles sparkles over fashion and Daniel Roseberry injects a surreal spirit at Schiaparelli

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19 Feb Wall Street-backed exchange MEMX plans to launch in July

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The Members Exchange (MEMX), a new would-be bourse backed by major Wall Street firms, said on Thursday it plans to launch the exchange on July 24 following the closure of a funding round led by JPMorgan, Goldman Sachs and Jane Street Capital.

19 Feb HSBC targets the globally mobile with $1.4 trillion wealth business

Posted at 12:58h in News by KMFSLLP 0 Comments

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HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such as China, the United States and Singapore, the unit's Chief Executive Charlie Nunn told Reuters.

News

19 Feb Canadian pension fund Caisse posts 10.4% return in 2019

19 Feb Coronavirus could pose threat to cruise ship credit ratings

19 Feb Illy presses ahead with plans to expand after Peninsula bid

19 Feb NEWSMAKER-UBS’s tech-savvy new boss Hamers not always loved by the Dutch

19 Feb Lloyds gives investors a share in UK economy and in future mistakes

19 Feb Climate activist convicted for Credit Suisse red paint protest

19 Feb EU and UK have lost any shared vision of their future

19 Feb Art of Fashion SS20

19 Feb Wall Street-backed exchange MEMX plans to launch in July

19 Feb HSBC targets the globally mobile with $1.4 trillion wealth business

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