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  • Record Investment Banking Fee Revenue In 2007 Marred By Sub-Prime Losses

    Date 25/02/2008

    Fee revenue generated by global investment banking increased for the fifth year running in 2007 by 21% to a record $84.3bn according to the 2008 edition of IFSL’s Banking report. Despite growth in fee revenue, many investment banks’ profits were hit by the $130bn in US sub-prime losses reported up to January. Further losses are likely in 2008. Losses at a few investment banks have resulted in capital injections by sovereign wealth funds.

  • Richard Jinks Joins Xtrakter As Director Of Commercial Operations

    Date 25/02/2008

    Xtrakter, part of the ICMA group of companies, is pleased to announce the appointment of Richard Jinks to the position of Director of Commercial Operations. Mr Jinks, who joins Xtrakter on March 3, 2008, will report directly to the Chief Executive and be a member of Xtrakter’s Executive Committee.

  • STOXX Ltd. Commemorates A Decade Of Index Innovation

    Date 25/02/2008

    STOXX Ltd., the leading European index provider, celebrates the 10th anniversary of the launch of the Dow Jones STOXX Indexes. The first pan-European indexes under STOXX brand were launched on February 26, 1998.

  • Dalian Commodity Exchange Donates 1 Million Yuan To Storm-Hit Regions

    Date 25/02/2008

    Due to the worst snow storms in five decades in most regions of southern China, the normal production and livelihood of the local people experienced disastrous impacts. To support post-disaster reconstruction of disaster-hit regions, the Dalian Commodity Exchange with its employees volunteering to offer their helping hands and loving hearts, donated a total of 1 million yuan to the worst-stricken regions including Hunan, Hubei, Guizhou, Anhui, Jiangxi, Sichuan, Chongqing, Guangdong, Guangxi and

  • Deutsche Bank Announces Commitment To Develop Research Facility In The Dubai International Financial Centre

    Date 25/02/2008

    Deutsche Bank today announced its decision to establish a significant research presence in Dubai out of the Dubai International Financial Centre (DIFC) in support of its global equities business. The Bank will develop a team of research analysts based in Dubai focusing on company and technical analysis. The team will cover both Middle Eastern and international stocks and will be fully integrated into the Bank's global equity research group.