Recent Posts

Opaque assets at Europe Investment Banks fuel capital doubts

  Bloomberg Eight years after the financial crisis, Europe’s biggest investment banks are holding illiquid assets amounting to more than half their combined shareholders’ equity, underlining concerns about capital. Deutsche Bank AG, Credit Suisse Group AG and Barclays Plc say their hardest-to-value securities — known as Level 3 assets — were worth $102.5 billion at the end of June. These ...

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Qantas investors demand dividend map

  Bloomberg Qantas Airways Ltd. shareholders have cheered Chief Executive Officer Alan Joyce’s efforts to turn around the marquee Australian carrier, helping the stock more than triple in under three years. Now they want to see a roadmap for reinstating dividends. Australia’s biggest airline, which has withheld dividends for seven years, is expected to announce Wednesday record annual profit because ...

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SriLankan Airlines moves to new location in Dubai

  Emirates Business All of its commercial and business activities are now carried out in the second floor of the plush Sharaf Building owned by the Sharaf Group, who has also been SriLankan Airlines’ General Sales Agent in Dubai since June 1. Some of the dignitaries that graced the occasion were –Mr.Charitha Yattogoda, Consul General for Sri Lanka in Dubai, ...

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