The SEC is seeking to find ways to ease requirements to allow less complex ETFs to be registered with the bourse.
Industry
The deVere Group Opens Shop in Cayman Islands
The deVere Group opens its offices on the Cayman Islands. The deVere Group has recently announced the establishment of its regional office in the Cayman Islands as a signal to its presence in the area.
PIMCO Seeking Non-securitized Loans for High Yields
PIMCO's head of credit portfolio management is seeking to acquire investments and loans that have high risk but provide high returns.
CBRE Reports Growth in 1Q of 2013
CBRE announced a 12% profit realized from increased revenues from global property sales demand surge.
US investments in Overseas Real Property on the Upswing
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
Latest News
The new Chief Human Resources Officer of Think Finance is Marcella Butler. Marcella Butler is Think Finance's new Chief Human Resources Officer as disclosed by the developer of online financial products.
Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
MRI International Inc is now under investigation for false information and misleading clients not only in Japan but in the US as well.
Russia's Merchel Steel has halted the offer for sales of its assets. Russian steel firm Mechel has withdrawn its offer to sell off 25% of its mining division due to tepid market conditions.
In a warning report, Reuters has found that debt issuances by companies have reached near 2007 levels.
Citi hires Ben Story, former head of Deutsche Bank. Former Deutsche Bank head Ben Story has been appointed by Citigroup to become head of UK Investment Banking and Brokerage.
Kawasaki Heavy Industries is open for merger option but has not made formal moves despite report from Nikkei newspaper.
SDA rates cut by Bangko Sentral ng Pilipinas to limit inflows and increase outflows. For the third time this year, the Philippines has cut rates it pays on special deposit accounts in an effort to curb capital inflows and prevent asset bubbles.
