BTG Pactual stops making new loans

Brazilian bank’s measures follow chief’s sudden arrest this week

Editor’s choice

California Public EmployeesÍ Retirement System (CalPERS) offices, in Sacramento, California, U.S., on Monday, September 13, 2010. Photographer: Ken James/Bloomberg ©Bloomberg
US public pension plan has reaped profits of $24bn since its private equity programme began in 1990
Traders work on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India, on Friday, May 16, 2014. Indian stocks rose to all-time highs, the rupee gained and bonds rallied as early vote counting showed the main opposition alliance set for the biggest election win in 30 years. Photographer: Vivek Prakash/Bloomberg ©Bloomberg
As banks withdraw from the market, liquidity risk is being transferred to investment managers
Philippe Oddo

Oddo joins fight for BHF Kleinwort Benson

French private bank takes on China’s Fosun with €760m bid

Europeans should party like it is 1788

Quantitative easing is leading to the insolvency of insurers and pension plans, says John Dizard


Wealth managers divided on robo advice

Opportunity to engage the Millennial generation

Hands finds little relief for care homes

Terra Firma chief does not consider major restructuring necessary

Mutual hedge funds shunned by investors

Concerns over performance and regulatory scrutiny of products

Forseke quits as Alliance Trust chair

Restructuring followed pressure from activist investor Elliott

alliance trust

Q&A: Alliance Trust upheaval

Karin Forseke’s departure raises questions over leadership at investment group

China shares fall most since midyear rout

Probes into brokerages lead to profit-taking after 3-month rally

Eddie Jones joins Goldman advisory board

England rugby coach to attend panel of Japan corporate leaders


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