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Goldman's lost glister
...rigorously marks its positions to market every day, logging its holdings at the prevailing price - a practice that enables it quickly...Goldman's traders to "stay closer to home": rein in risk, sell down holdings and buy protection against their positions. Over the next three...
Turning point for US mutual fund fees
...matter this autumn when it hears Harris v. Jones. For the US retail mutual fund industry, Harris v. Jones is "the most important litigation...rejected by a lower court.The case, Gallus et al. v. Ameriprise, centres on complaints from...
Ebay site crashes due to surge in listings
Ebay became a victim of its own success at the weekend after a surge in the number of items for sale caused the world's
When too much information harms the office
Traditional management is over. The internet has killed command and control. Now that everyone can analyse and ridicule
Mixed picture on property funds
Europe's real estate fund industry increased its assets under management last year in spite of the bursting of the property
Microsoft and News Corp eye web pact
Microsoft has had discussions with News Corp over a plan that would involve the media company's being paid to "de-index" its
Canon launches €1.3bn bid for rival Océ
Canon on Monday launched a €1.32bn ($1.97bn) takeover bid offer for Océ, the Dutch printer and copier maker, seizing a
Lehman Europe wind-up plan rejected
A plan by the administrators of Lehman Brothers in Europe to speed up the winding-up of the collapsed bank was rejected by
Definition on Lehman client money sought
The administrators of Lehman's European operations on Monday went to the High Court in London to seek guidance about how
Canon bid 'significantly undervalues' Océ
Canon's €730m ($1.1bn) agreed bid for digital printing rival Océ was challenged on Wednesday when a large Océ shareholder
