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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 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.

November 2013

News Swiss Re to acquire a 14.9% stake in Brazilian insurer SulAmérica for approximately USD 334 million

Swiss Re has agreed to acquire an 11.1% stake in Sul América S.A. ("SulAmérica") from ING Group N.V. ("ING") and a 3.8% stake from members of the Larragoiti family for a total amount of approximately USD 334 million. This confirms Swiss Re’s commitment to Brazil, Latin America (...)

November 2013

People Moves Nomura Strengthens Investment Banking Team in the Americas with Six Managing Director Appointments

Nomura, Asia’s global investment bank, announces the continued strengthening of its investment banking operation in the Americas with the appointment of six Managing Directors.

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