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December 31, 2009
Multi-asset funds tipped for 2010
...More than one third of the 175 IFAs polled by the financial technology firm 1st-The Exchange forecast that multi-asset funds will be the most...said Paul Yates, a business development director with 1st-The Exchange. These findings coincide with the launch of... By Ellen Kelleher
July 24, 2008
Planned sale of 1st Credit put on ice
The sale of 1st Credit, the debt collection company, has...acquisitions. Bridgepoint, which acquired 1st Credit for £72m four years ago, received...350m price target and postponed the sale of 1st Credit, while it eyes potential bids for... By Martin Arnold, Private Equity Correspondent
February 8, 2010
South-east Asian bourses in technology pact
...completion on Monday, with a firm commitment to establish technology for the project.Four leading exchanges said they had signed...intent at a meeting in Manila with NYSE Technologies, the technology arm of NYSE Euronext, the transatlantic exchange that owns... By Kevin Brown in Singapore
July 25, 2008
Planned sale of 1st Credit put on ice
The sale of 1st Credit, the debt collection company, has...acquisitions. Bridgepoint, which ac-quired 1st Credit for £72m four years ago, received...350m price target and postponed the sale of 1st Credit, while it eyes potential bids for... By Martin Arnold, Private Equity Correspondent
3:05am
SMIC announces management overhaul
...333.1m.Together with the results, SMIC announced that Simon Yang would take over as chief operating officer and chief technology officer, Gary Tseng as chief financial officer and Chris Chi as chief business officer. Mr Yang comes from Chartered Semiconductor... By Kathrin Hille in Bejing
11:06am
Reshuffle at LSE continues with new hire
...Lester, director of information and technology, who had combined the chief information...2004-09. He will be responsible for technology across the group’s markets, working...executive of MillenniumIT, the Sri Lankan technology company that the LSE bought last year... By Jeremy Grant
2:00am
NYSE Euronext shares rise 7.6% as derivatives trading drives profits
...business was increasingly being driven by derivatives and technology , when it reported yesterday a sharp swing back into profitability...new businesses and our continuing efforts to harmonise our technology infrastructure and trading platforms."Global derivatives... By Jeremy Grant in London and Michael Mackenzie n New,York
2:00am
Morcombe quits role of chief at Alphameric
...chief executive of Alphameric, who had been under pressure from leading shareholder Joe Lewis, yesterday resigned from the technology company.Alan Morcombe narrowly avoided losing his job at last year's annual meeting, winning re-election in spite of... By Roger Blitz, Leisure Industries Correspondent
12:33am
Acer seeks fresh market muscle
...and profits in 2009 thanks to strong consumer demand for its notebook computers.The Taiwanese company was one of the few technology groups worldwide to have been nearly impervious to the effects of the global economic downturn last year. Acer’s timely... By Robin Kwong in Taipei
2:00am
Google takes networking fight to Facebook with launch of Buzz
...attempt to win back ground lost to fast-growing Facebook.The group said yesterday it hoped to use its core search engine technology to sift the flood of social media and filter out distracting or irrelevant information for users of Google Buzz, its latest... By Richard Waters in Mountain View