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Investment Service

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  • Africa: an investment opportunity [Commentary]

    When President Barack Obama convenes nearly 50 African leaders in Washington next week for the U.S.-Africa Leaders Summit, the grand scale of the event could fill television screens for days. The real action, however, will be the behind-the-scenes, headlong rush by both Africans and Americans to capitalize on a new economic reality: Africa is on the move. And America's businesses and investors have just as many reasons to bring their business cards to the summit as Africans do.
  • Exclusive: Bondholders may sue Bulgarian government over Corpbank default - sources

    BUCHAREST (Reuters) - Holders of dollar-denominated bonds at Bulgaria's Corporate Commercial Bank (Corpbank) are gearing up for legal action against the government if the bond defaults and the bank is tipped into insolvency, two sources told Reuters on...

    How to buy financial advice now

    NEW YORK (Reuters) - The financial advice business is changing dramatically in every aspect, from how advisers spend their time, to what they charge, to how they label and promote themselves. The result? Further confusion for consumers who probably...

    Barclays says investment bank activity slows in July

    LONDON (Reuters) - Barclays said trading activity in its investment bank had slowed this month and July could be the unit's weakest month so far this year. "It's probably been the slowest month for us this year," Finance Director Tushar Morzaria told...

    Subdued investment banking hits Barclays profits

    LONDON (Reuters) - Barclays Plc said its underlying profits fell 8 percent in the second quarter as subdued market activity and the British bank's attempts to crack down on high-risk trading took a toll on investment banking revenue. Chief Executive...