Hints and tips:
...Nicolosi then moved his majority shareholding into a Cypriot entity named Nabitek Ltd. . . . to Romania . . ....
...He chose the EMBA because it would enable him to continue working as a vice-president of Swiss private bank Clariden Leu. “I was very passionate about the work I was doing,” he says....
...But Credit Suisse did not require Clariden Leu to participate in the project....
...Clariden Leu did not put a hold on any documents being destroyed until some of its employees were indicted in 2011....
...● Pascal Thorens has moved to RBC Investor & Treasury Services, part of Royal Bank of Canada, as managing director for Switzerland, from Clariden Leu Asset Management, where he was head of sales and distribution...
...strategist at CITI, the prospective carry return on the Israeli shekel and Czech Koruna have already turned negative, while returns on the Thai baht, Malaysian ringgit, Korean won, Mexican peso, Romanian leu...
...The plea to one count of conspiracy entered by bank representatives in a Virginia courthouse resolves a long-running investigation into the Swiss bank’s private banking business, including its Clariden Leu...
...However, the forint has underperformed the likes of the Czech koruna, Polish zloty and Romanian leu....
...BNR had cut rates by 50bp in August, following a 25bp reduction in July, but shied away from another half-point change that a handful of analysts had expected, perhaps due to concerns about weakening the leu...
...Last November, Credit Suisse announced a further consolidation with the decision to incorporate Clariden Leu into the parent company....
...The leu could easily be heading back to new lows. Having a head of government and a head of state at each other’s throats is never a good sign....
...Evelyn Lederle used to be responsible for the key asset management accounts at Clariden Leu....
...The Romanian currency, the leu, has also come under pressure against the euro, falling 5.3 per cent this year and hitting a record low in July....
...● Barclays’ Singapore private banking team has hired Tsukasa Miyachi of Nomura as Indonesia MD, Erliena Yulianawati of Clariden Leu as Indonesia director, and Fumiko Omura of Merrill Lynch as south-east...
...Michael Stahel, head of insurance-linked investments at Clariden Leu and one of the contributors to the report, said the best time to invest in catastrophe bonds was after a year of big losses....
...The Romanian leu suffered its biggest one-day fall this year after the government unexpectedly collapsed in a no-confidence vote....
...Credit Suisse’s incorporation of Clariden Leu was similarly based as much on internal factors as market forces....
...After the announcement, the leu erased earlier gains to trade flat against the euro around mid-day....
...The mystery fund is understood to have hired Zurich-based investment advisers Clariden Leu. It has not yet approached the board of Pinewood and its interest may not necessarily lead to an offer....
...Credit Suisse last week said it would close its formerly independent Clariden Leu subsidiary and fold operations into the parent company, to help reach its goal of boosting private banking pre-tax profits...
...Switzerland’s Julius Baer, Lombard Odier, BSI and Clariden Leu are among these banks, along with Barclays Wealth and Standard Chartered of the UK, and Rothschild, the European bank....
...Related reading Eastern Europe scores record deals, beyondbrics Romania: betting on the leu, beyondbrics Bulgaria: convictions matter, beyondbrics...
...Related reading: CEE: whither the zloty, leu and forint?, beyondbrics CEE: steady as she goes, beyondbrics CEE flows looking up, beyondbrics CEE: must work harder, beyondbrics...
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