UPDATE 1-Online competitors take on global banks in securities research shake-up
HONG KONG, March 28 A period of severe turmoil is facing the securities research industry as a regulatory overhaul threatens the way investment research is done.
NEW YORK, May 30 (IFR) - For the week ending 5/28, Lipper reported an inflow of USD689.664m into corporate investment grade funds (YTD total of USD39.021bn) and an inflow of USD600.043m into high yield funds (YTD total of USD5.527bn).
For the week ending 5/28, Lipper reported an outflow of USD475.171m from loan participation funds (YTD total of USD4.729bn). (Reporting by Anthony Rodriguez)
KHOBAR/DUBAI, March 28 Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the matter said, in a major move to return to the country after a roughly thirteen year absence.