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Maiya Keidan

Monte dei Paschi shows restructuring progress in third quarter

Nov 09 2018

MILAN State-owned bank Monte dei Paschi di Siena on Friday showed that its restructuring is advancing when it reported a third-quarter net profit driven by cost cuts that offset lower revenue and one-off charges.

UPDATE 2-Monte dei Paschi shows restructuring progress in third quarter

Nov 09 2018

* Bank looking for chance to sell subordinated debt (Recasts after analyst call)

UPDATE 1-NordLB to shed ship loans early in balance sheet clean-up -sources

Nov 09 2018

LONDON/FRANKFURT, Nov 9 NordLB is trying to shed almost all of its non-performing shipping loans this year, much earlier than publicly indicated, as the German bank steps up efforts to clean up its balance sheet, sources close to the matter said.

NordLB to shed ship loans early in balance sheet clean-up -sources

Nov 09 2018

LONDON/FRANKFURT, Nov 9 NordLB is trying to shed almost all of its non-performing shipping loans this year, much earlier than publicly indicated, as the German bank steps up efforts to clean up its balance sheet, sources close to the matter said.

RPT-Ex-BlackRock credit chief eyes 2019 hedge fund launch -sources

Oct 30 2018

* Eyes Q2, 2019 launch; may start with $300-$750 mln -sources

Ex-BlackRock credit chief eyes 2019 hedge fund launch: sources

Oct 30 2018

LONDON BlackRock's former head of European fundamental credit is preparing to launch his own hedge fund next year in what is likely to be one of the year's biggest debuts, three sources with knowledge of the matter told Reuters.

Retired hedge fund boss Martin Taylor says he plans to get back in the game

Oct 25 2018

(This version of the Sept. 10 story corrects description of Nick Barnes in paragraph 2, also corrects names of founders to Taylor, Eoghan Flanagan and Rory Landman in paragraph 18)

GAM flows a warning sign for asset managers over culture

Oct 23 2018

LONDON Swiss-based GAM's stringent response to suspected rule breaches by one of its top fund managers has cost it dear - leaving an asset management industry, facing ever tighter regulation, at pains to avoid the same fate.

Sandwich maker Greencore abandons U.S. ambitions with $1 billion disposal

Oct 15 2018

DUBLIN British sandwich maker Greencore Group has agreed to sell its entire U.S. business for a little more than $1 billion, it said on Monday, abandoning the market only two years after spending heavily in an effort to quadruple sales there.

Man Group third-quarter assets up 0.4 percent on inflows

Oct 12 2018

LONDON Man Group , the world's largest listed hedge fund, said on Friday that funds under management rose 0.4 percent in the third quarter, helped by investment gains and net inflows.

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