NYSE Euronext plans own futures clearing house

The move to launch its own clearing unit next year and start moving business off LCH at that point comes after NYSE's rival, the London Stock Exchange, entered exclusive talks to acquire LCH in September last year.


Bank of China unit applies to London Metal Exchange

It will be the first bank from China, the world's largest consumer of industrial raw materials, to become a member of the exchange that is the world's biggest marketplace for metals including copper, aluminium and nickel.


Cable seeks fund managers to guide green investment

The Department for Business, Innovation & Skills’ UK Green Investments team is looking for experienced fund managers to run investment accounts of up to £100m to invest in the green economy.


UK broker set to take over Hoare Govett index‎

Globally, the outperformance of small caps has strengthened during 2012 as investors have re-examined the merit of small caps investing, in line with the return of investors' risk appetite.


Hedge-Fund Chief Plans Sparkling Wine in U.K. Vineyard

“Why sit in front of a computer screen for the rest of your life watching prices go up and down when watching grapes grow is so much less stressful?” Driver said yesterday in an interview at Rathfinny, where the sound is of seagulls and you ne


Biggs to oversee flotation of RBS insurance arm

FORMER Aviva finance director Mike Biggs will oversee the flotation of Royal Bank of Scotland's insurance arm after being confirmed as chairman of the business, recently renamed Direct Line.


Nicola Horlick to launch £2m film fund

Ms Horlick said: "Because we are able to work with top producers in Hollywood, the risk of failure looks as though it will be lower than we originally anticipated, which is reassuring for our investors."


Bernheim, Dreyfus & Co Signs Deal With BofAML‎

Paris-based merger arbitrage specialist Bernheim, Dreyfus & Co. has appointed Bank of America Merrill Lynch as an additional prime broker for the Diva Synergy Fund and the Diva Synergy UCITS Fund.