Financial & Business Services News by GLG Council Members

ACL is one of Thailand's smallest bank

July 3, 2009

Analysis by:GLG Expert Contributor

Analysis of:Bangkok Bank Agrees to Sell ACL Bank Stake to ICBC | www.bloomberg.com

1) Why is one of the world's largest bank by market capitalization, Industrial and Commercial Bank of China (ICBC), interested in buying ACL, one of Thailand's smallest bank? 2) Bangkok Bank has been trying to 'unload' its 19% stake in ACL since 2007. It seems that this time the price is right. 3) Will Thailand's Ministry of Finance agrees to this? The Thai government owns nearly 31% of ACL.

Perpetual mispricing machine - Durable misconceptions about Asia’s markets

July 1, 2009

Analysis by:GLG Expert Contributor

Analysis of:Asian stocks struggle to gain ground | www.ft.com

1. China's growth, a two-decade-old story, has been rewarding on average to those allowed to tap it, but access price has been high and the disappointments painful. We face huge risk of another one now, at a time other exporters and financial investors can least afford it. When might a publicly disclosed slow-down arise? Will bank performance be the symptom or the cause? 2. Japan is clearly morelinked...

Rate of UK job cuts in financial services forecast to decline in Q3

July 1, 2009

Analysis by:GLG Expert Contributor

Analysis of:U.K. Financial Firms Plan 13,000 Job Cuts Even as Optimism Grows, CBI Says | www.bloomberg.com

The Confederation of British Industry talks about further job cuts in financial services in the next quarter but should this be surprising? The forecast represents a fall in the rate of compared with Q1 and Q2 2009 and this at a time when a major banking merger in the UK is in progress.

Mark MariottiChief Executive OfficerFuture Management Holdings Inc

Capital Without Representation

June 30, 2009

Analysis of:Green groups to sue over RBS investments | www.ft.com

Very tricky investing when it comes to buying stock which can be revalued by the adjustment of the underlying security asset. Buying stock in a bank holding company is similar to buying options. Various issues develop from the government nationalization of previously held assets by the private sector. Obviously the first issue is the principal stripping (inevitable price valuation destruction), and...

The telephone is moving front and center for major technology companies...

June 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:Best Buy to Target 15% Cellphone Share | online.wsj.com

Best Buy is a major retailer with only 3% share of the phone market within the United States.  The announcement that they hope to capture 15% is a bold admission that they see the phone as a critical platform for future technologies and that they must move now or be left out of a major shift in changes to the consumer electronics landscape.

Hedge Funds' response to proposed EU regulation

June 26, 2009

Analysis by:GLG Expert Contributor

Analysis of:Hedge funds to take on Europe | business.timesonline.co.uk

The proposed EU Alternative Investments ("AI") Directive is wide ranging.  Market participants need to consider what the EU is seeking to achieve.  There is also a need to reflect on the part played by certain types of AI in the financial crisis.  AI providers also need to think on the possible commercial benefits of EU regulation.  Previous versions of this in mainstream...

Gateway to Trader Performance or Waste of Time?

June 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:TCA: Gateway to Trader Performance or Waste of Time? | www.greenwich.com

Recognizing the growing importance of trading performance to buy-side institutions, Greenwich Associates surveyed institutions in the U.S., Canada and Europe about their use of TCA tools, the effectiveness of these tools and shortcomings that limit TCA’s utility. Based on this new Greenwich Market Pulse, we compiled a list of steps that buy-side institutions, broker-dealers and third-party vendors...

U.S. Institutions Roll Out Their Responses to Global Downturn

June 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:Managing Crisis: U.S. Institutions Roll Out Their Responses to Global Downturn | www.greenwich.com

U.S. institutions used the first half of 2009 to take a close look at their investment policies, asset allocations and investment managers to determine what went wrong last year, to pinpoint the policies, investments and managers that performed as expected through the market crisis and to identify those that fell short.

With Bank Credit Still Not Flowing, European Companies Adjust

June 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:With Bank Credit Still Not Flowing, European Companies Adjust | www.greenwich.com

Large European companies are scaling back expenditures and locking in funding from investors in the debt capital markets where they can amid continuing deterioration in bank lending markets. 

State Farm is Bluffing

June 25, 2009

Analysis by:GLG Expert Contributor

Analysis of:We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com

State Farm is renewing most windstorm risk west of US1 in Miami State Farm is renewing "all other perils" and dumping Wind east of US1. State Farm has many loyal but frightened (20-40 year old) agency owners whose existence is threatened if State Farm abandons Homeowners, so it is unlikely. Gov. Christ is setting Citizens (JUA) wind storm rates politically and not financially. Washington alreadyturned...

Page : 1 2 3 4 5 6 7 8 9 10 Next1 to 10 of 308