06/16/2014

Dubai faces moment of truth over looming property bubble

A leap in bank lending to the construction industry indicates financial institutions have resumed pouring money into real estate projects in the last few months, after cutting back sharply in the wake of Dubai's 2008 crash.

06/11/2014

HSBC To Sell UK Pensions Business To Swiss Re

HSBC Holdings PLC Wednesday said it will sell its UK pensions business to Swiss Re subsidiary ReAssure Ltd, but HSBC Global Asset Management Ltd will remain the investment manager for most of the assets being sold.

06/11/2014

Swiss asset manager unveils HY corporate bond fund

In the new fund, the Zurich-based group said it will invest in corporate bonds issued by global companies with lower credit ratings, aiming to cover their capital requirements in ways other than bank loans.

06/09/2014

When you’re a global citizen

The world’s wealthy are seeking a second citizenship for security, tax efficiency and investment opportunities