Financial Times - Financial services
2plan are not responsible for any information provided by any other source once you leave the 2plan site. We don’t endorse or support any products that are promoted or detailed on any other websites you can visit from the 2plan site. It’s recommended that you take financial advice before entering into any financial commitments or making an investment.
Hedge fund cuts fees for early exits published today at 02:50
Sushil Wadhwani reduces withdrawal fees as part of plans to raise new assets following a year of strong returns, even as rivals are stopping investors getting their money back
Article from Financial Times - Financial services
Wells loses its top rating published today at 02:46
Moody's has downgraded ratings of Wells Fargo by two notches on concerns that its takeover of stricken rival Wachovia has 'significantly weakened' its capital position
Article from Financial Times - Financial services
HK watchdog hits at StanChart on fund trades published today at 01:44
The UK-based bank is to compensate more than 1,000 clients after Hong Kong's Securities and Futures Commission ruled that it failed to ensure a level playing field among mutual fund investors
Article from Financial Times - Financial services
Safe becomes sexy when risk is a dirty word published today at 00:46
As investors seek safer havens, the focus of European equity analysts is likely to remain on the traditionally defensive sectors of pharmaceuticals and telecommunications
Article from Financial Times - Financial services
Private equity losses to be revealed published yesterday at 23:32
Firms will send letters to investors telling them how much - or little - the companies they invested in are worth
Article from Financial Times - Financial services
Madoff's investigators in the spotlight published yesterday at 22:37
The SEC is conducting the civil investigation into the alleged $50bn fraud. Yet the same office within the same agency is simultaneously being excoriated for failing to detect Mr Madoff's fraud in the first place, in spite of numerous red flags.
Article from Financial Times - Financial services
Millennium appoints independent administrator published yesterday at 21:24
$11bn hedge fund seeks to reassure investors worried by Madoff scandal
Article from Financial Times - Financial services
Fidelity picks top officials published yesterday at 20:58
Fidelity Investments, one of the best-known mutual fund groups, has appointed two senior executives, drawn from the ranks of those displaced by last year's financial crisis
Article from Financial Times - Financial services
HSH Nordbank rides the storm published yesterday at 19:50
The leading provider of finance for the shipping industry has been rocked by restructuring and writedowns
Article from Financial Times - Financial services
Pension funds have gained from drop in sterling published yesterday at 19:31
Preliminary figures for 2008 from State Street, the US-based bank, show that British pension trustees are on average looking at negative returns of about 13 per cent for 2008