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31 Oct Merrill Lynch to pay brokers bonsuses based on credits for recruiting clients

Posted at 23:57h in News by KMFSLLP 0 Comments

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Bank of America's Merrill Lynch Wealth Management said on Thursday that starting next year, it will give advisers more credit toward earning bonuses for recruiting clients worth $25 million than it will for recruiting clients who have less money.

31 Oct RPT-Capital-starved mining sector creates ‘buyer’s market’ for investors

Posted at 23:16h in News by KMFSLLP 0 Comments

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Specialist mining investors have found a "buyer's market" for projects as the mining sector struggles to compete for funding with new industries, multiple industry executives said at a conference this week.

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31 Oct U.S. fund investors pull most cash since February from taxable bonds -Lipper

Posted at 23:04h in News by KMFSLLP 0 Comments

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Investors soured on corporate debt in the latest week, pulling $7.5 billion from U.S.-based taxable-bond funds during the latest week, Lipper data showed on Thursday.

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31 Oct CORRECTED-UPDATE 3-Barclays picks Rothschild veteran Nigel Higgins as next chairman

Posted at 22:28h in News by KMFSLLP 0 Comments

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Barclays Plc said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co , would succeed John McFarlane as chairman on May 2 next year when he retires after serving his four-year term.

31 Oct UPDATE 4-U.S. indicts Chinese, Taiwan firms for targeting Micron trade secrets

Posted at 22:18h in News by KMFSLLP 0 Comments

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The U.S. Justice Department on Thursday unveiled an indictment against two companies based in China and Taiwan and three individuals, saying they conspired to steal trade secrets from U.S. semiconductor company Micron Technology Inc relating to its research and development of memory storage devices.

31 Oct UPDATE 2-MetLife posts profit on higher net investment income

Posted at 21:26h in News by KMFSLLP 0 Comments

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Insurer MetLife Inc reported a third-quarter profit on Thursday, compared with a year-ago loss, helped by volume growth, favorable underwriting, expense management and improved investment income.

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31 Oct REFILE-October’s hedge fund haunting leaves big names with losses

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

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October was humbling for many hedge funds, including some of the $3.2 trillion industry's biggest names, as sinking stock markets took a bite out of returns and could pave the way for more redemptions in the next months.

31 Oct Australia shares to open little changed; NZ rises

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

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Australian shares are set to open little changed on Friday as investors remain cautious amid fresh signs of an easing in Sino-U.S. trade tensions. Energy stocks are likely to be under pressure as oil fell nearly 3 percent on Thursday, due to growing concerns that global...

31 Oct Leicester City owner’s off-field political nous

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

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Death of Vichai Srivaddhanaprabha shines spotlight on Thai duty-free empire

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31 Oct Leicester City owner mastered the political game

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

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Death of Thai billionaire shines spotlight on duty-free empire

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News

31 Oct Merrill Lynch to pay brokers bonsuses based on credits for recruiting clients

31 Oct RPT-Capital-starved mining sector creates ‘buyer’s market’ for investors

31 Oct U.S. fund investors pull most cash since February from taxable bonds -Lipper

31 Oct CORRECTED-UPDATE 3-Barclays picks Rothschild veteran Nigel Higgins as next chairman

31 Oct UPDATE 4-U.S. indicts Chinese, Taiwan firms for targeting Micron trade secrets

31 Oct UPDATE 2-MetLife posts profit on higher net investment income

31 Oct REFILE-October’s hedge fund haunting leaves big names with losses

31 Oct Australia shares to open little changed; NZ rises

31 Oct Leicester City owner’s off-field political nous

31 Oct Leicester City owner mastered the political game

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