04/29/2015

Obama: We’re All for the Asian Infrastructure Investment Bank

The administration was dealt an embarrassing political blow when the U.K., Germany, France and a host of other Western nations snubbed requests by Washington officials to sit out membership in the AIIB amid questions over the new institution’s stand

04/29/2015

Bidders circle Russell Investments arm auctioned by LSE

The remaining strategic and private equity bidders include Towers Watson, the US human resources and risk management consultancy, and financial services group Ameriprise, which owns the UK’s Threadneedle Investments.

04/16/2015

The growth of global wealth

INSITE 2015 will feature nearly 40 sessions to provide attendees with actionable ideas and steps to navigate the industry's emerging trends around technology, regulation and practice management

04/15/2015

Canada actively considering joining China-led Asia bank

A senior Canadian finance official revealed the stance to reporters ahead of meetings in Washington of the Group of 20 leading economies, saying Ottawa welcomed the idea of a new Asian infrastructure investment bank.

04/12/2015

General Electric to Dismantle Banking Business

General Electric on Friday announced plans to dismantle its GE Capital financial services arm and focus on its industrial businesses, saying that as part of that plan it has reached a deal to sell its real-estate assets for $26.5 billion.