China bank to launch fund of funds
Wed, 15 Dec 2010 19:13:58 GMT
Chinese state-owned lender is set to launch the country's first private equity fund of funds in a sign of how rapidly the Chinese private equity industry is maturing
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Lehman creditors unveil rival bankruptcy plan
Lehman creditors unveil rival bankruptcy plan
Thu, 16 Dec 2010 02:02:20 GMT
A group led by Calpers and Paulson wants the bankrupt bank's subsidiaries treated as one entity, which would boost pay-outs to bondholders at the expense of counterparties
Gartmore to MAM
Gartmore to MAM
Thu, 16 Dec 2010 03:49:34 GMT
With Gartmore racing to sell itself before Christmas, Gervais Williams – one of the fund manager's better-known staff who jumped ship in September – resurfaces at a smaller rival
Europe cannot default its way back to health
Europe cannot default its way back to health
Thu, 16 Dec 2010 20:59:00 +0000
Attentive observers will not fail to notice that this path tends be taken where democracy has rather shallow roots, writes Lorenzo Bini Smaghi
