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  • CalPERS: Kenneth W. Marzion Named Interim Chief Executive Officer

    Date 12/05/2008

    Rob Feckner, President of the California Public Employees’ Retirement System (CalPERS) Board of Administration announced today that the Board of Administration has named veteran executive Kenneth W. Marzion as Interim Chief Executive Officer.

  • Industry Associations Release Exposure Draft Of: “Structured Products: Principles For Managing Distributor-Individual Investor Relationship”

    Date 12/05/2008

    Five leading trade associations, co-sponsors of the Joint Associations Committee (JAC), today released an exposure draft of “Structured Products: Principles for Managing the Distributor-Individual Investor Relationship.” The global, non-binding, Principles address a wide range of issues affecting distribution of structured products to individual investors and complement the JAC’s “Principles for Managing the Provider-Distributor Relationship,” which were released in July 2007.

  • Ibovespa Closes May 12 At 70,415 Points

    Date 12/05/2008

    The Ibovespa Stock Index ended the day up 1.11% at 70,415 points, the highest close since May 6, when it reached 70,195 points.

  • Hellenic Exchanges S.A. Holding - HELEX Q1 2008 Financial Statements - Euro 18.4m Net After Tax Profits

    Date 12/05/2008

    The consolidated net after tax profits of HELEX in Q1 2008 amounted to euro 18.4m vs. euro 23.9m in Q1 2007, reduced by 23%. The consolidated turnover of the Group was reduced by 21% to euro 32.8m vs. euro 41.8m in Q1 2007. This reduction is due mainly to the overall reduction in transaction activity at Athens Exchange as well as to the reduced activity by enterprises in raising capital through Athens Exchange.

  • Shenzhen Stock Exchange: Opportunities To Improve Services For Medium And Small Businesses

    Date 12/05/2008

    SONG Li Ping, the General Manager of Shenzhen Stock Exchange (SZSE) said on the Lujiazui Forum the other day that SZSE has been prepared for the Growth Enterprise Market including training on investors and listed companies, for technological platform as well as transaction rules. The listing rules for growth enterprise market is one of the important rules of SZSE and is currently subject to approval of CSRC after SZSE’s coordination. SONG Li Ping said that SZSE are about to collection involve