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News CalPERS Calls Detroit Bankruptcy Ruling "Short-Sighted"
The California Public Employees’ Retirement System (CalPERS) today issued a following statement in response to a ruling in the City of Detroit bankruptcy eligibility...
Opinion Mind the Gap
To those who have seen headlines over new record highs in equity markets or who mainly judge equity market valuations on the back of price-earnings or earnings yields it might sound strange to argue that equities are (...)
News UBS to buy back outstanding bonds in public tender offer
UBS offers to buy back certain outstanding tier 2 and senior bonds for cash up to approximately CHF 2.15 billion.
News Swiss Re’s insurance outlook for 2014/15 sees emerging markets driving premium growth
Global economic growth will continue to strengthen in 2014, Swiss Re says in its "Global insurance review 2013 and outlook 2014/15". This will support on-going premium growth in the non-life primary market, particularly in emerging markets, with reinsurance premiums (...)
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.
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