HDFC Bank beats major European peers on m-cap

  At $45 billion, it has gone ahead of biggies such as Barclays, ING, Deutsche Bank and Credit Suisse HDFC Bank is now more valuable than many European banks such as Barclays, ING, Royal Bank......

Amundi buy of Pioneer makes it sponsor of 2 funds

One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout. French asset manager Amundi's purchase of Pioneer Investments last month has put a question mark......

Strong jobs, weak inflation data muddy Fed rate debate

Several Fed policymakers have said publicly they felt a rate hike will likely be justified next month, though they are monitoring jobs and other data closely. The US Federal Reserve building in......