Distressed Course

Distressed Asset News

• Video: Silva Says Barclays May Quit U.K. Rather Than Split Bank September 8, 2010
  Sept. 8 (Bloomberg) — Ralph Silva of Silva Research Network talks about the possibility of U.K. regulators forcing lenders to separate investment banking and retail operations. […]
• Video: Callow Says Australian Dollar Has Proven `Resilient’: Video September 8, 2010
  Sept. 8 (Bloomberg) — Sean Callow, a senior foreign-exchange strategist in Sydney at Westpac Banking Corp., talks about the outlook for the Australian dollar, and how the country’s election has affected the currency. […]
• San Diego To Hire InHouse CIO September 8, 2010
  San Diego County Employees Retirement Association is considering appointing Lee Partridge as its inhouse CIO Read this article: San Diego To Hire InHouse CIO […]
• Funds seed for the future September 8, 2010
  Two major pension funds from the Netherlands and Canada – ABP and OMERS – have seeded an innovation and technology program to invest in their domestic knowledge economies. Called inkef capital, it has already begun searching for the success stories of the future. In knowledge economies, the same “crystal ball View original post here: Funds seed for the futur […]
• Conservatism impedes behemoths September 8, 2010
  The largest 20 pension funds globally, which make up 39.2 per cent of the largest 300 funds, have underperformed the rest of the universe measured by the Towers Watson/Pensions & Investments survey for the first time.  Performance of the top 20 pension funds (listed below) was 2 per cent lower Read the original post: Conservatism impedes behemoths […]
• Karzai Family Ties Shielded Flailing Afghan Bank September 8, 2010
  KABUL, Afghanistan — In early 2009, as President Hamid Karzai scanned the landscape for potential partners to run in his re-election bid, he was approached from an unusual corner: a bank. The president’s brother, Mahmoud, and another Afghan businessman, Haseen Fahim, were shareholders in Kabul Bank, one of the freewheeling financial institutions that had spr […]
• Marshall Goldsmith: What Is the Truth About Leadership? (Part 1 of 2) September 8, 2010
  My good friends Jim Kouzes and Barry Posner, best known for the classic, award-winning book, The Leadership Challenge , have written a new book called The Truth About Leadership . […]
• Health Insurer PacifiCare Faces Up To $9.9 Billion In Fines For Nearly A Million Alleged Health Care Violations September 8, 2010
  California regulators are seeking fines of up to $9.9 billion from health insurer PacifiCare over allegations that it repeatedly mismanaged medical claims, lost thousands of patient documents, failed to pay doctors what they were owed and ignored calls to fix the problems. In court filings and other documents, the California Department of Insurance says Paci […]
• Video: Citi’s Kurz Says Taiwan Listings to `Energize’ Market: Video September 8, 2010
  Sept. 8 (Bloomberg) — Peter Kurz, head of Taiwan research at Citigroup Inc., talks about the prospects for new listings of overseas and Taiwanese companies on the island. […]
• Internal contracts could solve accountability issues September 8, 2010
  Internal investment committees and teams should be given an investment management agreement by their boards, in order to define accountability, according to Russell Investments expert, Sorca Kelly-Scholte.   There have been many studies, discussions, debates and papers written about fund governance, but putting words into action seems to be a slow See origin […]