The FINANCIAL — BNP Paribas Investment Partners (“BNPP IPâ€) and The Saudi Investment Bank (“SAIBâ€) have signed on March 19 a strategic partnership in asset management in the Kingdom of Saudi Arabia.
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Under the terms of the agreement, BNPP IP, through the holding company BNP PAM Group, will buy a 25% [...]
The FINANCIAL — ING announced on March 18 that it has appointed Dorothy Hillenius as Head of ING Group Investor Relations. Dorothy Hillenius will succeed Jonathan Atack, who will take up a new role as Chief Financial and Risk Officer at ING Investment Management Europe as of 17 March 2008.
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Michel Tilmant, [...]
The FINANCIAL — Frantz Paulus joins Crédit Agricole Private Equity as Investment Director in the Co-Investment activity under the responsibility of Fabien Prévost, Chairman of the Management Board.
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Frantz Paulus, 34, holds a Masters degree from Reims Management School and the CFA (Chartered Financial Analyst) designation. In 1998, he [...]
The FINANCIAL — The Carbon Disclosure Project (CDP), a collaboration of 385 institutional investors with assets under management of U.S. $57 trillion, on March 17 announced a three-year global partnership with Merrill Lynch %26amp; Co, Inc. (NYSE: MER).
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CDP is one of  the worlds largest investor collaboration on climate change. Each [...]
The Stoxx 50 jumped 3.9 percent, while the Euro Stoxx 50, a measure for the euro region, advanced 3.7 percent.Earnings optimism boosts Asia: Asian stocks gained, led by Japanese insurers and technology companies, on speculation earnings will withstand a global economic slowdown. “There’s bargain hunting going on,” said Renault Kam at Atlantis Investment Management in [...]
Frisco Financial Planning LLC (FFP), a Dallas area financial planning and [...]
(Corrects 1st paragraph to weaker yen instead of stronger yen)
(Updates to midafternoon)
By Aiko Hayashi
TOKYO, March 19 (Reuters) - Japanese stocks rose but pared
some of their earlier gains on Wednesday, with continuing worries
about the global financial system preventing a further rise while
exporters such as Toyota Motor Corp (7203.T: [...]
NEW YORK (CNNMoney.com) — Lehman Brothers’ shares soared Tuesday after the firm reported quarterly results that topped Wall Street’s forecasts. Just a day earlier, investors had wondered about the firm’s ability to withstand the turmoil in financial markets.To be sure, the brokerage’s first-quarter figures were dismal. Profit and revenue fell sharply from last year and [...]
The FINANCIAL — BOSTON, Bank of America today announced leadership changes in Premier Banking %26amp; Investments (PB%26amp;I) within the companys larger Global Wealth %26amp; Investment Management division.
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Dean Athanasia has been named president of PB%26amp;I, leading the delivery of tailored financial solutions to affluent individuals and families across the U.S. [...]
The FINANCIAL — Â Barclays and HP (NYSE:HPQ)Â has announced that they have signed a letter of intent to introduce innovative technology that is expected to significantly reduce energy consumption and carbon emissions associated with Barclays new major data centre in Gloucester, U.K.
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HP’s Dynamic Smart Cooling (DSC) solution contributes significantly [...]
