Richard (Dick) Fuld was the last CEO of Lehman Brothers prior to its collapse ten years ago on 15 September 2018. After years of avoiding …
Family-run businesses’ financial performance better than that of peers: Credit Suisse
Family-owned businesses outperform non-family peers across every region and sector, recording stronger revenue growth, higher EBITDA margins, and better cash flow returns, according to a …
Sustainable investment minor consideration in decision making: Schroders
Sustainable investment had little to no influence on the decision-making process of 32% of institutional investors, according to a report by British fund manager Schroders. …
China eases foreign ownership limits for banks and asset managers
China foreign ownership limits have been waived by removing the holding limit in domestic financial entities including banks and asset management companies in a bid …
Distribution-related data asset managers’ biggest growth challenge
Majority (88%) of asset managers across the globe find distribution-related data as the biggest impediment to growing their cross-border operations, while 57% are concerned about …
US family offices failing to tap key private equity opportunities
Around 70% of US family offices are investing in private equity but missing out on smaller deals and opportunities outside the domestic market, according to …
Investor demand for hedge funds on the upswing: Credit Suisse
Hedge funds reported the largest positive swing in net demand among various asset classes, according to a survey by Credit Suisse. The study, which surveyed …
Morgan Stanley tops M&A league table for financial advisers – exclusive ranking
Morgan Stanley topped the M&A league table for financial advisers for the second quarter of 2018, according to latest deals advisers research by data analytics …
Cristiano Ronaldo to pay nearly €19m to Spanish taxman
Spanish tax authorities have approved a tax dispute with Portuguese footballer Cristiano Ronaldo requiring him to pay nearly €19m. Ronaldo, who played for Spanish club …
Montenegro to introduce citizenship by investment programme
European nation Montenegro is set to introduce citizenship by investment programme in October this year following years of deliberation. The new programme, which will offer …