Bloomberg -  Deutsche Bank AG, Germany’s biggest bank, said it suffered no losses from its U.S. hedge funds CQ Capital and Distressed Opportunities.

The Frankfurt-based company invested no capital in the hedge funds, which are for institutional asset management clients, spokesman Tim Oliver Ambrosius said in a telephone interview today.

Read Complete Article

Tags: ag germany, ambrosius, bloomberg, deutsche bank, deutsche bank ag, frankfurt, institutional asset management, losses, management-clients, spokesman, telephone-interview

The initiative, to develop a vaccine and distribute bed nets and sprays over the coming years, is expected to save the lives of one million people who die from malaria every year.

It will be announced by the Prime Minister and Microsoft boss Bill Gates in New York, where 90 world leaders are gathering at the UN to discuss getting progress on the Millennium Development Goals back on track.

Mr Brown is also meeting Wall Street hedge fund chiefs to discuss the global financial turmoil which has sent shockwaves through the markets over the last week.

Read Complete Article

Tags: bear-trap, daily-express, fund-provider, journalism, management-clients, private-ownership, richmond, swoop