News

The fresh faces of cabinet; £300m VAT refund call looms; Pension deficits face new threat; Caution sounded as buyouts force up M&A volumes by 70pc

FRANCE - Barclays Global Investors (BGI), is to open a Paris office, following authorisation from the AMF.

ITALY - ENPAM, the medical and dentistry sector pension scheme, has sold €305m in property assets to RREEF Real Estate, Pirelli and C Real Estate.

UK - State Street Global Markets has swiped three senior strategists from competitors to expand its research team.

SWEDEN- AP4 and Alecta have protested to the Stockholm Stock Exchange over the pricing of a financial group's shares.

INCLUDING: CHINA - More officials on trial, UK - HSBC appoint Ashmore, US - Supermarket senior on gov board

GREMLINS in the system meant that readers of PP Online were yesterday asked to provide answers to three questions to enter ING Real Estate's competition while readers of our print edition were only asked to answer two.

MORE than one-third of investors believe commercial property is not a significantly risky investment according to Barclays Stockbrokers.

THREADNEEDLE INVESTMENTS has expanded its investment management team with three key appointments - head of equities, head of fixed income and chief risk officer.

US - The Securities and Exchange Commission (SEC) has established an advisory committee to examine the US financial reporting system.