Media Room

Visa reports loss after settling suit

Wed, 25 Jul 2012 22:49:55 GMT

The world’s largest payments network posted a quarterly net loss of $1.8bn after it set aside $4.1bn to cover litigation costs related to a dispute over fees charged to US merchants

_{-- Delivered by Feed43 service}

Principal Financial seeks LatAm expansion

Wed, 25 Jul 2012 21:55:53 GMT

US-based asset and pension fund manager is targeting more international acquisitions as it consolidates its purchase of Brazil’s Claritas

_{-- Delivered by Feed43 service}

Private equity appetite for ETFs grows

Sun, 22 Jul 2012 03:44:17 GMT

Gencap purchase of FactorShares, the synthetic ETF provider, highlights interest in ETF providers and their high profit margins

_{-- Delivered by Feed43 service}

A look on the bright side of Solvency II

Sun, 22 Jul 2012 03:45:28 GMT

Some asset managers see opportunities in the Solvency II regulations that will come into force in 2014 governing the insurance industry, others are not so sure

_{-- Delivered by Feed43 service}