Tag Archives: solvency

Stock futures point to weaker Wall Street open

MSN MoneyCentral – Stock futures fell on Thursday, pointing to a weaker open on Wall Street, with the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes down 1.4-2.8 percent. Highlights: * Walt Disney reports results […]

European Stocks Recover; DAX Boosted by Volkswagen

ABC News – European stock markets opened higher Tuesday after Japan’s Nikkei index recovered from 26-year lows, with Germany’s DAX further boosted by another steep rise in the value of Volkswagen AG shares. The FTSE 100 index of leading British […]

German Hedge Fund Manager Becomes Fully Operational Bank

West Palm Beach (HedgeCo.Net) – Baader Wertpapierhandelsbank AG has been granted membership to the Compensation Fund of German Banks (EdB) by the German Financial Supervisory Authority (BaFin). Once the entry into the commercial register has been completed, the institution will […]

Fortis sells hedge fund International Asset Management

Reuters – Belgian-Dutch financial services group Fortis said on Wednesday it had sold former ABN AMRO unit International Asset Management IAM.L as part of a strategy to bolster its balance sheet. Fortis said in a statement it had sold London-based […]