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December 2013

News ING completes sale of Mexican mortgage business

ING announced it has completed the sale of ING Hipotecaria, its mortgage business in Mexico, to Banco Santander (México), S.A.

November 2013

Note Agriculture and forestry: window-dressing in the EU ETS

The EU ETS’ stock image shows a huge industrial plant that emits a large amount of greenhouse gas, and gives the impression of an allowance market that does not concern so-called “diffuse” sectors like agriculture and forestry. Like any stock image, it is broadly accurate (...)

November 2013

Strategy Caution in order for emerging currencies in short term

For nearly one month, the renewed strains experienced by US long rates following the good October employment data (despite the shutdown) have triggered a new correction on the part of emerging currencies (even though they have stabilised somewhat of (...)

November 2013

News CalPERS to Recover $261 Million in JPMorgan Federal Investigation Settlement

The California Public Employees’ Retirement System (CalPERS) is set to get back approximately $261 million in damages from JPMorgan in a federal investigation settlement announced today by California’s Attorney General Kamala (...)

November 2013

News Swiss Re invests USD 493 million for a 4.9% stake in New China Life

Swiss Re announces that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9% stake in New China Life Insurance Company Ltd, reaffirming Swiss Re’s commitment to high growth markets.

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