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| Tackling the longevity question (at FT.com) December 16, 2009 at 6:20 pm |
| Cadbury's deal on Wednesday to lay off offload £500m of pension fund liabilities to Edmund Truell's Pension Insurance Corp was just the latest in a string of agreements as public and corporate pension schemes tackle their £1,000bn-plus headache. |
| Deutsche Bank in running for RBS Sempra (at FT.com) December 16, 2009 at 5:55 pm |
| Deutsche Bank has emerged as a key bidder for RBS Sempra, the commodities business of the troubled UK bank. The deal, which could be worth about $3bn , according to bankers, is significant because it would mark the first of the RBS asset sales ordered by the European Commission under the terms of the state aid ruling imposed on the part-nationalised bank last month. |
| Morgan Stanley Investment Management Launches Emerging Manager Program (Business Wire) December 16, 2009 at 2:01 pm |
| NEW YORK----Morgan Stanley Investment Management today announced the launch of the Morgan Stanley Emerging Manager Program . The EM Program seeks to identify and provide capital, as well as strategic advice and infrastructure solutions, to emerging asset managers , with a specific emphasis on minority and women-owned asset managers. |
| Bank dark pools only 1.25% of Europe trading (at FT.com) December 16, 2009 at 1:25 pm |
| Dark pools operated by banks based in London account for only 1.25 per cent of total European share trading turnover, according to estimates by the Financial Services Authority, two people familiar with the matter said on Wednesday. |
| Charles Schwab shares rise on analyst outlook (AP) December 16, 2009 at 11:16 am |
| Shares of Charles Schwab Corp. rose on Wednesday after a Deutsche Bank Securities analyst upgraded the retail brokerage's stock and another analyst initiated coverage with a favorable rating. |
| Clearing houses (at FT.com) December 16, 2009 at 11:00 am |
| Who will have to clear what, in the world of over-the-counter derivatives, is yet to become, well, clear. But clearing houses, which stand between two counterparties assuming the risk if either defaults, are central to US reform efforts. | | |
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