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The logo of Dutch financial group ING is seen in Amsterdam, October 19, 2008. REUTERS/Michael Kooren

EU takes ING back to its banking roots 

Reuters - Monday, October 26 04:55 pm

AMSTERDAM (Reuters) - Dutch bancassurer ING will split in two, transforming itself into a smaller European lender in the most striking example yet of the deep changes that EU policymakers want to force on banks that received state aid. More »

  • Aviva eyes cost cuts with Irish hub 

    Reuters - Thursday, October 22 03:54 pm

    LONDON (Reuters) - The country's second-biggest insurer Aviva plans to cut costs by centralising its continental European businesses in a holding company in low-tax Ireland. More »

  • EU mulls lighter rules for hedge funds

    Reuters - Wednesday, October 21 12:58 pm

    BRUSSELS (Reuters) - Sweden, holder of the European Union presidency, wants to ditch a proposed borrowing limit for hedge funds in a move that will please Britain but anger France and others seeking tougher control of the secretive industry. More »

  • Barclays's major investors

    Reuters - Tuesday, October 20 04:41 pm

    The shares were granted as part of an investment of up to 3.25 billion pounds made last November and consisted of 500 million pounds in mandatorily convertible notes (MCNs) - (Reuters) - Qatar sold $2.3 billion (1.4 billion pounds) in Barclays shares on Tuesday, making a near $1 billion profit on the exercise of warrants it was granted as part of a controversial fundraising last November. More »

  • Money fund reflux may have much further to go

    Reuters - Tuesday, October 20 12:25 pm

    LONDON (Reuters) - The herd-like dash from cash that has dominated investment behaviour since March may have much further to go than first appears, providing more fuel for this year's blistering global markets rebound. More »

  • British Land buys London West End office from Aviva

    Reuters - Monday, October 19 12:11 pm

    LONDON (Reuters) - British Land , the UK's second largest property firm by market value, said on Monday it has made its first major office purchase in London since the UK commercial property market slump ended in July. More »

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