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World First Morning Update 29th July 2010: Mervyn King Only Dents Pound
29-Jul-2010
Not even the dovishness of the Bank of England Governor Mervyn King has been able to dissuade investors and speculators from backing the pound; something that is raising eyebrows in many a strategist’s office, not least mine.

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UK economy predicted to grow 1.3 per cent
29-Jul-2010
Offshore account holders have been told that the UK's economy could be set to grow by 1.3 per cent in 2010.

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Which? finds savers uninformed about rate changes
29-Jul-2010
Savers may be missing out on money as many account providers do not inform consumers when rates are changed.

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Merrill Lynch Affluent Insights Quarterly Survey Examines the Critical Role Employers Play in Helping Employees Prepare for Retirement
29-Jul-2010
Affluent Employees Cite Retirement Benefits Among Top Reasons for Company Loyalty, More Than Having a Good Boss or an Easy Commute


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Merrill Lynch Affluent Insights Quarterly Survey Reveals Complex Family Dynamics, Financial Concerns and Heightened Sensitivities to Risk Create Need for More Comprehensive Advice Across Multiple Generations
29-Jul-2010
Survey Finds Affluent Parents Believe Imparting Financial Know-How to Be Twice as Important for Their Children as Choosing the Right Spouse


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Bank of America Declares Quarterly Dividends
29-Jul-2010
Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable on September 24, 2010 to shareholders of record as of September 3, 2010.
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Citi Community Capital Launches $100 Million New York Affordable Housing Preservation Fund with L+M Development Partners
29-Jul-2010
Fund to Invest Millions in the Preservation and Creation of Thousands of Homes for Low- and Moderate- Income New Yorkers

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Emirates NBD Asset Management extends reach across the GCC and Far East
29-Jul-2010
Focus on boosting assets under management and exporting investment capabilities
Approximately US$1.6 billion worth of assets currently under management by Emirates NBD Asset Management

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Willis Group Reports Second Quarter 2010 Results
29-Jul-2010
Willis Group Reports Second Quarter 2010 Results

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New responsibilities for Human Resources in Allianz Group
29-Jul-2010
Werner Zedelius, currently Member of the Board of Management of Allianz SE in charge of Growth Markets, will take over the responsibility for work and social welfare from Allianz SE Board member Gerhard Rupprecht.
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