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News

17 Feb Franklin Resources to buy Legg Mason in a $4.5 billion deal

Posted at 12:34h in News by KMFSLLP 0 Comments

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Asset manager Franklin Resources Inc said on Tuesday it would buy mutual fund company Legg Mason Inc in an all-cash deal valued at $4.5 billion, including debt.

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17 Feb UPDATE 2-Gridlock in Athens as transport staff strike over pension reforms

Posted at 12:33h in News by KMFSLLP 0 Comments

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Traffic was gridlocked in parts of Athens on Tuesday as transport workers joined a strike over planned pension reforms, while thousands marched peacefully through the city centre demanding the draft law be scrapped.

17 Feb HSBC eyes $600 million in losses if Coronavirus persists

Posted at 12:21h in News by KMFSLLP 0 Comments

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HSBC could be forced to take $600 million in additional provisions against loan losses if the Coronavirus outbreak persists into the second half of this year, Chief Financial Officer Ewan Stevenson said on Tuesday.

17 Feb UPDATE 1-Euroclear to open talks with regulators over future share structure

Posted at 12:05h in News by KMFSLLP 0 Comments

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* Talks with regulators over shareholdings to start (Recasts with investor conference)

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17 Feb China cuts pension, insurance costs to help firms hit by coronavirus

Posted at 11:57h in News by KMFSLLP 0 Comments

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China will cut some pension contributions and insurance fees to help companies affected to the coronavirus outbreak, state television quoted a cabinet meeting as saying on Tuesday.

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17 Feb StanChart commits $75 bln toward sustainable development goals

Posted at 11:23h in News by KMFSLLP 0 Comments

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Standard Chartered on Tuesday said it will provide $75 billion in financing by 2024 towards sustainable development and clean energy projects, as it expands on its aspirations to support the Paris Agreement on climate change.

17 Feb Irish annual employment rate accelerates to 3.5% in Q4

Posted at 11:17h in News by KMFSLLP 0 Comments

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Job growth accelerated in Ireland in the final quarter of 2019, expanding by 3.5% year-on-year compared with annual growth of 2.4 percent in the previous quarter, data from the Central Statistics Office (CSO) showed on Tuesday.

17 Feb YOUR MONEY-What it means to invest with a gender lens

Posted at 11:00h in News by KMFSLLP 0 Comments

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When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean.

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17 Feb HSBC cuts bonuses and senior managers in strategy overhaul

Posted at 10:47h in News by KMFSLLP 0 Comments

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HSBC's management ranks face uncertainty over jobs and pay in the lender's most radical overhaul in years, as it seeks to slash nearly $5 billion in costs and prune its underperforming investment bank.

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17 Feb UPDATE 1-Romania’s Romgaz interested in 20% stake in Neptun Deep offshore gas project

Posted at 10:39h in News by KMFSLLP 0 Comments

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Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.

News

17 Feb Franklin Resources to buy Legg Mason in a $4.5 billion deal

17 Feb UPDATE 2-Gridlock in Athens as transport staff strike over pension reforms

17 Feb HSBC eyes $600 million in losses if Coronavirus persists

17 Feb UPDATE 1-Euroclear to open talks with regulators over future share structure

17 Feb China cuts pension, insurance costs to help firms hit by coronavirus

17 Feb StanChart commits $75 bln toward sustainable development goals

17 Feb Irish annual employment rate accelerates to 3.5% in Q4

17 Feb YOUR MONEY-What it means to invest with a gender lens

17 Feb HSBC cuts bonuses and senior managers in strategy overhaul

17 Feb UPDATE 1-Romania’s Romgaz interested in 20% stake in Neptun Deep offshore gas project

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