01/20/2012

SocGen, BNP Job Cuts Reflect Wilting Ambition of Paris Banks

France’s top three corporate-and-investment banking, or CIB, units, with combined global sales of 25 billion euros in 2010, are cutting 1,800 jobs at home. Although a fraction of the more than 200,000 job losses announced by financial firms globally

01/16/2012

The world’s most exclusive business card is diamond encrusted

Targeting ultra high net worth individuals across Europe, the Middle East and Asia; Black Astrum offers its clients the ultimate business card, carefully crafted to be a highly distinctive symbol of status and wealth. Read more: The world’s most ex

01/16/2012

Jean Paul Gaultier designs gold bullion bar

Billed as a 'fashionable way for investors to diversify holdings and hedge against inflation' (you can tell this wasn't written by a fashion PR), Gaultier's 24 karat bar is engraved with a heart, sun rays and the designer's name o

01/16/2012

American Platinum Eagle Bullion Coins May Return in 2012

The American Platinum Eagle was introduced in 1997, complementing the US Mint’s existing gold and silver bullion coin offerings. The Platinum Eagles were struck in .9995 purity and available in one ounce, one-half ounce, one-quarter ounce, and one-t

01/12/2012

Ethical Investment Survey Welcomed as 'Great tool' by AAA

The Barchester survey looks to whether certain funds within the ethical and environmental sector are living up to their long-term goals and generating return for investors. The top-ranked fund for 2011 was the Aviva Sustainable Future Managed Fund, which

01/04/2012

Ariel launches first international fund

Based in New York, Bhansali joined Ariel last October as chief investment officer of international equities. She reports to Ariel founder and Chief Executive John Rogers.

01/04/2012

Hedge fund manager battles to save Sears

Eddie Lampert, one of America's wealthiest hedge fund managers, is battling to save Sears after one of the country's oldest department chains saw sales plunge over Christmas.

12/29/2011

ING shelves trade sale of Belgian insurer

Instead, ING's Belgian insurance operations will be included in the European and Asian business, which is being readied for an eventual listing, the person told Reuters.