Assets & Investments
China Banks Shifting Risks to ‘Shadow System’ of Insurers, Brokerages, Trusts
China's banks are feeding unwanted assets into the country's "shadow banking system" on an unprecedented scale, reinforcing suspicions that bank balance sheets reflect only a fraction of the actual ...
‘Black Swan’ Hedge Funds Losing Favor with Investors
Hedge funds set up to profit from huge market slides are falling out of favor, signalling that investors are increasingly confident leading central banks can avert the kind of meltdown that followed ...
Risk Appetite On the Rise in U.S. Capital Markets: Fed Survey
Hedge fund and derivative investors are taking on more risk as aggressive monetary easing and an improving economy boost demand for higher-yielding securities, a Federal Reserve survey showed on ...ACE Completes Acquisition of Mexican Surety Lines Company
ACE Limited has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Co. for approximately $293 million in cash. Mexico City-based Fianzas Monterrey is Mexico's ...
IRS Asked to Clarify Obamacare Investment Tax
Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a ...
Taiwan Welcoming Bigger Investment by Chinese Banks in Financial Sector
Taiwan will ease rules to allow Chinese banks to buy bigger stakes in local banks and permit more Chinese firms to invest in its financial industry, the island's financial regulator said on Monday, ...
U.S. SEC ‘Sweeps’ Scrutinizing Fund Fees, Alternative Fund Risks
The top U.S. securities regulator plans to examine how the advisory industry pays mutual fund distributors, as well as broader trends and risks involving alternative funds. U.S. Securities and ...Banks To Cash In As U.S. Derivatives Reforms Go Live
Banks have been complaining bitterly about new laws to sort out their industry, even though they were blamed for playing a part in the credit meltdown. But this time round, new U.S. rules look set to ...