Financial News

Financial newspaper is a newspaper specializing in Finance topics.

Articles from March 26, 2003

3i Stands by Tech Stock despite Portfolio Losses
Byline: Caroline Meehan Michael Queen, the finance director of 3i, has reiterated the quoted private equity company's commitment to the technology sector despite its tech portfolio being largely responsible for a knock-down on its book value.Queen...
Bankers Warn CAT Could Go from Predator to Prey
Byline: Michael Hoare A 16% fall in the share price of Cambridge Antibody Technology (CAT), the UK biotechnology company, puts it in danger of becoming a takeover target rather than a contender to buy a rival, according to bankers.The company's...
Bear Stearns Joins Forexster FX Trading Platform
Byline: Heather McKenzie Bear Stearns Forex, the foreign exchange trading subsidiary of Bear Stearns, the US bank, has become the first foreign exchange institution to join the online foreign exchange trading service operated by Forexster.com, the...
Diary of a Redundancy: Learning the Law to Fight the Bank
Jane is the wife of a senior research analyst at a large investment bank who has been made redundant. Writing anonymously - because her husband is in real life considering suing the bank for unfair dismissal - she charts the practical and emotional...
European ECM First-Quarter Issuance Falls to Lowest in 10 Years
Byline: Shanny Basar European equity capital markets issuance totalled just $6.7bn ([euro]6.3bn) in the slowest first quarter since 1993, according to preliminary data from Dealogic, the investment banking research firm.Other regions have also been...
European M&A Value Rises in First Quarter
Byline: Janine Brewis The value of mergers and acquisitions involving European targets jumped 24% in the first quarter of this year compared with the same period last year, according to Dealogic, the investment banking research firm.Preliminary...
EU Unveils Controversial Company Disclosure Rules
Byline: Patrick Blum in Brussels The European Commission is set to unveil controversial new proposals on disclosure of financial information requiring companies to publish quarterly reports, although the requirement will be less stringent than previously...
FSA Stands Firm on Retail Hedge Fund Regulation
Byline: Anuj Gangahar The UK's Financial Services Authority (FSA) will not be relaxing its rules governing the marketing of hedge funds to retail investors, according to its long-awaited update on hedge fund regulation.The UK regulator said it believes...
Ireland Aims to Shrug off Downturn, Seeks Front Office Jobs
Byline: Sarah Butcher As job losses mount in financial centres around the globe, Dublin hopes to buck the trend through business-friendly policies that have already made it an important hub for back office functions.Thousands of such jobs have been...
LCF Rothschild Advises on Ski Operator Privatisation
Byline: Guy Paisner in Paris LCF Rothschild, the French asset management group, has been retained as adviser to C3D for its planned privatisation of Compagnie des Alpes, the world's largest ski operator.C3D, the engineering and services subsidiary...
MPS Launches First Index for Italian Hedge Funds
Byline: Anuj Gangahar The Italian market has launched its first index for hedge funds, highlighting a growing trend across Europe for increased transparency and performance measurement in the hedge fund industry.The MondoHedge indices, created by...
White & Case Hires Capital Markets Partner from Linklaters
Byline: Vivek Ahuja White & Case, the law firm, has recruited Tim Jeveons as a partner in its capital markets group in London as part of a drive to build up its European franchise.Jeveons was previously a senior associate at Linklaters in London,...