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BlackRock to buy Barclays Global Investors

The investment management firm BlackRocksaid on Friday it will buy British banking giant Barclays' fund management arm for $13.5 billion, creating a combined entity with assets worth nearly $3......

Barclays to slash 2,100 jobs

Financial services major Barclays is to reduce its headcount by about 2,100 in investment banking and money management, as part of its cost cutting measures. "Barclays is cutting about 2,100 jobs......

IndiGo's anchor book mops up Rs 832 crore

Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......

To stop tax evasion, Sebi cracks the whip on offshore wealth managers

An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011 Seeking to root out undeclared wealth, India's market regulator has sent letters to some large......

Barclays investment bank in firing line despite change at top

Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise. Retail banker Jenkins spent three years......
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Avigo Capital exits Technology Frontiers, sells stake to ADV Partners

NEW DELHI: Troubled private equity firm Avigo Capital has exited its investment in sports, entertainment and media management firm Technology... ...

Perpetual Income and Growth Investment Trust plc Half-Yearly Financial Report for the Six Months to 30 September 2015 KEY FACTS Perpetual... ...
Credit Suisse sets up centre of excellence in country

After Barclays, City Bank and Deutsche Bank, Swiss banking group Credit Suisse has announced setting up of its centre of excellence (CoE) in Pune.... ...
Centaur Natural Resources Bond Wins Award for Best Fixed Income Bond - Middle East and Africa at the 2015 Business Awards

From the Wires Nov. 17, 2015 11:00 PM DUBAI , UAE, November 18, 2015 /PRNewswire/ -- Centaur Natural Resources Bond wins award for "Best... ...
A startup that chooses where to invest people's money admits it accidentally emailed sensitive data to the wrong people

Nutmeg Nutmeg CEO Nick Hungerford. Nutmeg, a startup that provides investment management services via the internet, admitted that it suffered... ...

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