Baruch Global Macro Fund to shadow strategies set by Gerard Satur. (Photo : Reuters)Former UBS Trader turned to investors to set up Baruch Global Macro Fund Gerard Satur, former UBS AG (UBSN) trader raised worth AUS $10 Million from various investors to form a global macro strategy group which will commence operations within day.
Investors
Japonica Worries of Greek’s Finances and Lowers Offer for Bonds
Japonica Partners lowers its offer for Greek government bonds due to the recent developments in the country's financial situation.
Nokia CEO says synergies not part of NSN deal
Nokia CEO Stephen Elop said that the company has not considered synergies in its acquisition of the stakes in Siemens.
Tribune acquires 19 local TV stations worth US$2.73 billion
Tribune Co would acquire 19 local TV stations worth US$2.73 billion after getting financed by 5 firms.
Sinovel divests after theft charges made
Sinovel, formally charged with source code theft, divested four of its units outside China. (Photo : Reuters)This is the headquarters of Sinovel in China.
Latest News
Tribune Company buys Local TV. (Photo : Reuters)This is the logo of Tribune. Tribune Company announced today that it has agreed to buy Local TV holdings, LLC.
A decrease in foreign-owned Swiss banks continue due to investors withdrawal of their money and taxes that were not paid accordingly.
Ocean Yeild's initial IPO was cut and now attracts more potential buyers. (Photo : Reuters)The image shows a ship dry docking at a port. The price cut for the initial offer for Ocean Yield caught the attention of potential buyers due to the noticeable cut in the price.
Australia biggest IPO sale set at the end of July by Steadfast Group Ltd (Photo : Reuters)Steadfast Group Ltd Logo As part of their plans to raise more than AUS $562.
Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.
The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.
The 17 nations in Euro zone suffered from recession. Unemployment was high but inflation rate remains up.
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Banks leaving Switzerland due to the loss of secrecy in the banking transactions. (Photo : Reuters)The image is a bundle of 100 Swiss francs. Switzerland, the former Mecca for European lenders when it comes to private banking is now hurt with the change in banking secrecy and the rise in compliance.
