Shire sells off Attention Deficit Disorder drug to Noven as reiterates profit view

first_imgWednesday 11 August 2010 7:47 pm In June, the FDA approved Daytrana for treatment of attention deficit hyperactivity disorder (ADHD) in adolescents aged 13 to 17 years. Daytrana was already an FDA-approved ADHD treatment for children 6 to 12 years. ADHD is one of the most common psychiatric disorders in children and adolescents. The disorder manifests as a persistent pattern of inattention and/or hyperactivity-impulsivity that is more frequent and severe than is typically observed in individuals at a comparable level of development. Share SPECIALITY biopharmaceutical company Shire yesterday announced the sale of its brain stimulant medicine Daytrana to Noven Pharmaceuticals, granting Noven global marketing rights for the medicine, effective from 1 October 2010. Shire also maintained its earnings outlook for the full-year 2010.The book value of the assets to be disposed is approximately $95m (£60m) or a gross, pre-amortisation value of approximately $150m. Shire also backed its full year 2010 outlook for non-GAAP earnings trending towards $4.00 per American Depositary Share (ADS), which was announced recently with its second quarter earnings. Analysts on average expect the company to report earnings of $3.98 per ADS for 2010. In its second quarter report, Shire said it expects 2010 underlying earnings to grow 15 per cent from 2009.Daytrana, developed and manufactured by Noven, was originally licensed globally to Shire in 2003 and was approved and launched in the US in 2006. Shire’s net sales of the product in 2009 were $71m. Show Comments ▼ whatsapp whatsapp Shire sells off Attention Deficit Disorder drug to Noven as reiterates profit view by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Tags: NULLlast_img read more

Weak housing loans point to a price slump

first_img whatsapp Show Comments ▼ KCS-content Weak housing loans point to a price slump Tuesday 31 August 2010 8:51 pm Share JUST 48,700 mortgages were approved in July, according to data published yesterday by the Bank of England, raising fears that the UK housing market is at best drifting sideways and at worst heading for a double-dip recession.Although the small rise was better than the dip to 46-47,000 that the market had expected, economists were extremely pessimistic about the outlook for the British property market. They pointed out that approvals are still well below the average of 93,000 per month over the past decade.Andrew Goodwin, senior economic advisor to the Ernst & Young ITEM Club, said: “The figures provide further confirmation that the housing market is heading for a double dip, with net mortgage lending pretty much flat and the number of mortgage approvals remaining very low.”“The figures for mortgage approvals, a proxy for activity, tend to be well correlated with prices and the latest figures clearly point to falling prices over the second half of this year and into 2011, particularly now that supply shortages have eased,” Goodwin added.Economists pointed to subdued demand for housing caused by high unemployment levels – which could rise further once public sector spending cuts come into effect – as well as poor household income growth and affordability.Although the interest rates are at record lows, these are not being fully passed on to borrowers, who must meet more stringent lending criteria.Simon Rubinsohn, chief economist at the Royal Institution for Chartered Surveyors (RICS) said: “A lack of mortgage finance remains a key problem for many borrowers looking to take their first step on the property ladder, with the high deposits required still proving to be an obstacle for many. Uncertainty over the outlook for the market may also be discouraging would be buyers.”The poor approvals data adds to a string of cheerless figures for the UK housing market both in terms of house prices and mortgage lending. Only last week, the British Bankers’ Association data showed no change in net mortgage lending in July on the previous month. The impact will be felt in tomorrow’s Nationwide August data. Tags: NULL whatsapp More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orglast_img read more

WM Morrison to start selling groceries online

first_img whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content whatsapp WM MORRISON, Britain’s fourth largest supermarket chain, is expected to announce next week that it will start selling groceries online.According to the Financial Times, the retailer’s newly appointed chief executive Dalton Philips is set to make his business plan for Morrison’s future, including offering groceries online to its customers, public next week.In his first appearance in the new role since his appointment, it is also anticipated that Philips will detail the company’s opportunities to develop non-food areas and a broader base of store formats.Philips joined WM Morrison in March after he was poached from Canada’s Loblaws chain two months earlier. He has already made some changes, recruiting Richard Hodgson from Waitrose as commercial director.Hodgson will replace Morrison’s Martyn Jones, a trading director, who is to move into corporate services. Tags: NULL Show Comments ▼ WM Morrison to start selling groceries online Thursday 2 September 2010 8:36 pmlast_img read more

INSURANCE COMPANY OF THE YEAR

first_img whatsapp Tags: NULL Tuesday 7 September 2010 10:42 pm KCS-content INSURANCE COMPANY OF THE YEAR Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comFolliboost Haircare SerumThinning Hair? Use this For 1 Month and See What HappensFolliboost Haircare SerumFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleYeah MotorCheck Out These Car Wraps, 20 Car Wraps That Had Us LaughingYeah MotorPets DetectiveAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongPets Detective whatsapp Share THE management of risk has always been at the heart of the City’s business, and in these turbulent times it has never been more important. The five firms on our shortlist work across the whole sector, from shipping and the oil industry to motor insurance. All of them have innovated and continue to flourish. Don’t miss the City event of the year – get online now and book your table for the City A.M. Awards on Thursday 28 October 2010 at Grange St Paul’s Hotel, London EC4.www.CityAMAwards.com. ADMIRALOf all the areas that our shortlisted firms work in, motoring is perhaps the toughest. But Admiral has made a fantastic success of it, with pre-tax profits for the first half of 2010 jumping 21 per cent to £126.9m. The group’s customer numbers increased by 23 per cent to almost 2.4m. Meanwhile, its operation in Spain, called Balumba, made a profit too – others in the US, Italy and Germany haven’t yet, but you wouldn’t bet against them. JLTFormerly known as Jardine Lloyd Thompson, the firm formally re-branded itself JLT last year, and in the 12 months since it has gone from strength to strength, and income for the first half of 2010 rose 40 per cent. Half the profit on the retail side of the business came from Australasia, with an impressive 24 per cent growth in that market. A truly global player with an eye on the future, it also saw good performance in Canada, Latin America and Asia.LANCASHIRE GROUPThe firm has repositioned itself in recent times, moving away from property and towards the flourishing energy sector. Unlike many in that sector, however, it escaped from the Deepwater Horizon disaster with relatively few losses. Results for the first half of the year showed that it delivered a return on equity of 7.5 per cent for the first half of the year, while its combined ratio for the second quarter was 51.5 per cent. STANDARD LIFEOperating profits were up 10 per cent to £182m in the first half, largely because of its overseas earnings. The City stalwart makes our list, though, because it has stuck up for the UK as a place to invest. When the Pru was engaged in its ill-fated venture into Asia, Standard Life CEO David Nish – who took over the top job at the end of last year – criticised it and other firms of looking to Asia rather than at opportunities closer to home. “The UK is a stunning place to do business,” he said. Bravo.WILLISThe world’s third-largest insurance broker recently announced revenues of $2.8bn for the year to June 2010. It’s a far cry from 1998, when the aerospace, marine, construction, and energy specialist was bought out for $3 a share by Kohlberg Kravis Roberts. But since then it has flourished and in 2008 it pushed through the acquisition of Hilb Rogal & Hobbs for $2.1bn. If confidence counts for anything, then Willis has a bright future: last year it re-named it Chicago HQ, formerly known as the Sears Building, the Willis Building. last_img read more

Insider trading bounty hunter promoted to the board of FSA

first_img whatsapp MARGARET COLE staked her claim to a top job when City regulation is passed to the Bank of England by joining the board of the Financial Services Authority yesterday.The enforcement chief, who is described as “tough as old boots” by former private sector colleagues, becomes managing director of financial crime. She joins chairman Adair Turner and chief executive Hector Sants on the FSA’s 16-strong board.Cole has been closely associated with the watchdog’s tougher stance on insider trading, claiming the highest-profile scalp in its history with the jailing of former Cazenove partner Malcolm Calvert in March. Shortly after, she said: “People should be afraid of the FSA. We mean what we say and we mean business.”Bosses at the regulator decided to reward Cole’s efforts amid a spate of impending defections from senior figures such as Jon Pain and Sally Dewar. Chancellor George Osborne’s plan to roll supervisory duties into the Bank of England have spooked some staff.Simon Morris at CMS Cameron McKenna said: “This is Margaret Cole nailing her colours to the FSA mast and laying claim to a prominent role on one of the new regulatory bodies.” Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share Insider trading bounty hunter promoted to the board of FSA whatsapp Show Comments ▼center_img Tags: NULL KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Tuesday 7 September 2010 11:11 pmlast_img read more

Datacash sees its profits surge

first_img Share whatsapp KCS-content PAYMENT service provider DataCash, which is to be bought by the world’s second-largest credit card network MasterCard, posted a 9.6 per cent rise in first-half adjusted pre-tax profit on strong performance across its segments. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp Datacash sees its profits surge Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Thursday 9 September 2010 8:39 pm For January to June, DataCash posted an adjusted pre-tax profit of £8.3m, up from £7.5m a year ago. Revenue rose 6.3 per cent to £19.2m. Cash balance at the end of June was £19.5m. In August MasterCard said it would buy DataCash for £333m in cash to expand its online commerce business. Tags: NULLlast_img read more

BEST OF THE BROKERS

first_imgTuesday 26 October 2010 7:40 pm Share BEST OF THE BROKERS TULLOW OILBNP Paribas has cut its valuation of the oil group by 10 per cent to a fair value target price of £11.65, and rates the stock “neutral”. The broker says disappointing drilling results in Ghana and continuing uncertainty over its Ugandan operations leaves the company depending on future drilling success. It adds that Premier Oil is a better bet in the sector, with further potential in its North Sea portfolio.ASTRAZENECAEvolution Securities rates the pharmaceutical firm a “sell”, with a target price of £28.05. Evo expects AZ to maintain its earnings at between $6.35 and $6.55 a share in its third quarter results on Thursday, as the company gets closer to seeing several patents expire in the US. On the other hand, the broker says there is potential for seasonal flu vaccine sales to increase.DAILY MAIL & GENERAL TRUSTNumis rates the media group a “buy” with a target price of 707p. The broker believes the media sector has made more operational progress than is reflected in share prices, and adds that DMGT can achieve 2011 earnings per share of 58p, rising to 80p by 2013. It adds that the firm has several growing businesses, though its regional portfolio is unlikely to regain its historic margins. whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img whatsapp Show Comments ▼ KCS-content Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushlast_img read more

Webb unveils pension plans

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Show Comments ▼ Webb unveils pension plans KCS-content Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoveryUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo INDUSTRY breathed a sigh of relief yesterday, after the government watered down plans to boost the number of private pension savers. The government is still pressing ahead with plans to enrol millions of workers into a pension scheme automatically from 2012 onwards, but made several concessions following intense lobbying from businesses. By 2017, the vast majority of employees will be contributing five per cent of earnings to a pension scheme, with most employers required to make minimum contributions of three per cent.A state pension scheme, the National Employee Savings Trust, will be created as a low-cost option for employers that do not have a scheme, although it will be made available to all firms. Employees will be able to opt-out if they wish, but industry calls for an opt-in scheme were discounted by the government. Even the smallest businesses, such as market stall traders with a single employee, will be required to auto-enrol their workers, provoking anger from SME lobbyists. However, the government toned down the plans, inherited from the previous Labour administration, earning plaudits from the likes of the Institute of Directors. The minimum earnings threshold for auto-enrolment will now be set at £7,475, compared to the previous limit of £5,035, and this is expected to rise considerably by the time the smallest firms have to comply. Peter Woods, pensions partner at PwC, said the new limit would mean that around a quarter of staff at a large retailer like Tesco would not be automatically enrolled. And employees must have completed at least three months of service before they are enrolled, meaning that temporary and casual staff will likely fall through the net. Liberal Democrat pensions minister Steve Webb said: “Our reforms will ensure that millions of people will start to save for their retirement, many for the first time.” whatsapp Wednesday 27 October 2010 8:46 pm Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Sharelast_img read more

Bonuses push exec earnings up 55 per cent

first_img Tags: NULL FTSE 100 directors saw their total earnings rise 55 per cent year-on-year, fuelled by a massive increase in bonuses and performance related pay.Across the FTSE 350 total board pay rose an average of 45 per cent in the year to June 2010, according to the latest Directors Pay Report by Incomes Data Services (IDS).FTSE 100 chief executives took home an average of £4.9m in total earnings during the year, almost 200 times the average UK wage.The report shows there has been a dramatic reversal in fortunes in the last 12 months. While basic salary increases across the board grew just 3.6 per cent for FTSE 100 chief executives, pay packages were boosted by a resurgence in bonus payments, the value of share option gains and separate long-term incentive plans (LTIPs). While the FTSE 100 rose 14.5 per cent on the year, bonuses were up by over a third, share option gains by over 90 per cent and LTIPs by over 70 per cent.FTSE 100 chief executives received bonus payments averaging £701,512, up 34 per cent from last year.And most finance professionals expect the trend to continue next year, according to a separate survey by recruitment specialists Robert Walters.Around 88 per cent of bankers expect a bonus this year, with more than half expecting roughly 20 per cent of their basic salary. However, a third think their pay rise will be capped at the rate of inflation.FAST FACTS | REMUNERATIONFTSE 100 directors saw their total earnings rise 55 per cent year-on-year.FTSE 100 chief executives took home an average of £4.9m.88 per cent of bankers expect a bonus this year. whatsapp Thursday 28 October 2010 9:22 pm KCS-content Bonuses push exec earnings up 55 per cent whatsappcenter_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoverySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Sharelast_img read more

RBC’s Hong Kong expansion signals bank’s growth plan

first_img whatsapp Sunday 14 November 2010 10:19 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm RBC’s Hong Kong expansion signals bank’s growth plan Show Comments ▼ whatsapp center_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULL KCS-content Share ROYAL Bank of Canada’s aggressive expansion plans have taken another leap forward with the launch of a new trading floor in Hong Kong.RBC Capital Markets will double the size of its previous operations in the region, where it now employs 100 people. In Asia-Pacific it employs more than 330 people, with offices in Singapore, Tokyo, Beijing and Sydney, growing staff headcount by 26 per cent since January 2010.Mark Standish, co-chief executive and president of RBC Capital Markets, has outlined the investment banks’ plans for growth in the region. He said: “As we head into 2011, our strategy will remain the same. We will listen to our clients and build a scale business around their needs. This systematic, disciplined and measured expansion isn’t a new approach for us. “This is something we have been focused on as we have been expanding our business globally for almost a decade now. ”Andrew Turczyniak, chief executive of RBC Capital Markets Asia, added: “What we have built here is a reflection of RBC’s extensive global capabilities. We believe that a combination of our existing business momentum and expertise, the continued rise of Asia, together with our differentiated position amongst global banks will allow us to build a significant presence in the region. “The launch of the new trading floor in Hong Kong is an important step in this direction.” last_img read more