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Citigroup’s Carsten Stendevad to Be CEO of Danish Pension Fund ATP -Reuters

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Economy Could Put European Rally in JeopardyComments Off

Weakness in the European economy could put the continent’s stock rally in question despite aggressive easing programs from central banks.

Bank Indonesia Allows DBS to Buy 40% of DanamonComments Off

Bank Indonesia Tuesday approved the sale of 40% of PT Bank Danamon to DBS Group, but Governor Darmin Nasution said DBS would be allowed to acquire additional stake only if Indonesian banks get the green light to open full-fledged branches in Singapore.

LONDON MARKETS: U.K. Stocks Extend Gains To 12-year HighComments Off

U.K.’s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day’s losses and Capita PLC rallying after contract news.

Vodafone keeps Verizon payout to make up for European slumpComments Off

Vodafone will reinvest a $3.

VTB SPO Will Make Bank’s Capital Sufficient For Next 3 Years – ReportComments Off

Russia’s second-largest bank (VTBR.RS) will have sufficient capital for the next three years after it conducts a secondary public offering, the lender’s first deputy president said Tuesday, Interfax news agency reported.

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AM1100 The Flag

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