Financial Services

Kuwait is planning to ‘double or triple’ its investment in Japan, in a move that could take its total commitment to $50bn, according to Mustapha al-Shamali, the Gulf state’s finance minister

KBC Peel Hunt and Seymour Pierce have become the largest Aim stockbrokers by number of clients after former market leader Collins Stewart lost 11 clients

Consolidation among Germany’s state-owned landesbanken would risk being a ‘disaster’ if a rush to create larger institutions outweighed business logic, the head of the biggest bank in the sector has warned

Glyn Jones, former chief executive of investment managers Gartmore, is stepping up to chair Hermes, the manager of UK’s largest pension fund.

US companies that fear unwanted takeovers are increasingly counting derivatives as beneficial share ownership when they install “poison pill” anti-takeover devices

HBOS is to offload a £400m portfolio of investments in private companies as it seeks to shrink its balance sheet

Last month brought a spectacular instance of what is known in the jargon as a crowded exit when the crude oil price cracked, writes Tony Jackson

US regional banks hit with mounting loan losses may sell their asset management businesses for much needed cash. Potential buyers include larger asset managers

Opportunities are great for those western managers not looking for instant success.

With Asia’s growing force economically, the continent’s role in propping up the ailing global fund management industry should perhaps come as littlesurprise