Investment Services - Diversified

Credit Suisse Group AG In Talks To Sell Private Equity Unit-Reuters

Reuters reported that Credit Suisse Group AG is in advanced talks to sell its private equity business to Grosvenor Capital Management LP as the bank adapts to stricter rules for managing capital and risk. The business, called Customized Fund Investment Group, oversees about $20 billion in client...

Wednesday, 31 Jul 2013 01:02pm EDT

Macquarie Group Ltd Comments On FY 2014 Profit Guidance-AAP

Australian Associated Press reported that Macquarie Group Ltd expects to lift profits for fiscal 2014 , thanks in part to the fall in the Australian dollar. The investment bank says a rise in base and improvement fees and the fall in the local currency should see its net profit increase in fiscal...

Wednesday, 24 Jul 2013 07:42pm EDT

Malacca Trust Ltd Announces Incorporation Of Wholly-Owned Subsidiary

Malacca Trust Limited announced that the Company has incorporated a wholly-owned subsidiary in British Virgin Islands, known as Gold Petra Investments Ltd. Gold Petra has an initial issued and paid up capital of USD1.00 comprising of one ordinary share and its principal activity is that of...

Wednesday, 24 Jul 2013 06:02am EDT

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