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Steven Ross to Lead Gardere's IP Group

DALLAS, Oct. 7 /PRNewswire/ -- Gardere Wynne Sewell LLP is proud to announce that Steven E. Ross has been named head of the firm's Intellectual Property practice group. As leader of Gardere's IP practice group, Mr. Ross will focus on business development, management, administration, training and mentoring programs for the section, which includes more than 50 attorneys, patent agents and staff. ...

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UK: Sharia bank 'safe haven'

The UK's sole Sharia Law-compliant bank has seen a huge surge of customers during the credit crunch, as its strict religious principles have made it a 'safe haven'. The Islamic Bank of Britain says it has seen a significant growth in non-Muslim customers taking out accounts since the financial crisis took grip of Britain. Under the strict rules of Sharia Law, the charging or paying of interest is prohibited,...

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Coats' bid to cut cartel fine fails

Guinness Peat Group-owned threads business Coats lost a final bid at the European Union's top court to reduce EU cartel fines levied against it for fixing prices of sewing needles. The European Court of Justice in an order posted...

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IFG buys two pensions firms for €13.5

Irish financial services firm IFG Group has bought two pensions sellers for €13.6 million ($18.5 million) to expand its Irish pension unit.

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Non-Muslims Turn to Islamic Bank as a Safe Option

THE BIRMINGHAM POST: Growing numbers of non-Muslims are turning to Islamic banking as customers spooked by turmoil in the Western banking system increasingly see the sector as a safe haven. The Birmingham-headquartered Islamic Bank of Britain said it had seen significant growth in non-Muslim customers since the onset of turbulence on financial markets as Islamic banks, bound by strict religious principles,...

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RAB funds leak $500m

RAB Capital said its hedge funds had lost a further $500m this month even as investors in its largest fund backed a restructuring that locks in their remaining money for three years

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Man Group Hedge Fund | Hedge Fund Tracker Update

Man Group Warning by Man as fund falters Just a quick note to inform you that our RAB Capital notes have been updated within our Hedge Fund Tracker Tool read it now by clicking here . Free Daily Hedge Fund Newsletter Related to Man Group Hedge Fund Tracker Update: Top 52 Most Popular Articles Hedge Fund Tracker Tool Financial Certification Hedge Fund Forum Hedge Fund Accountants Investment Consultants...

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RAB secures future with threeyear lockin

Investors in RAB Capital's struggling Special Situations fund have agreed to tie up their money for three years as part of a restructuring plan.

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RAB Capital Hedge Fund | Hedge Fund Tracker Update

RAB Capital RAB Wins New Lockup In Investor Vote Just a quick note to inform you that our RAB Capital notes have been updated within our Hedge Fund Tracker Tool read it now by clicking here . Free Daily Hedge Fund Newsletter Related to RAB Capital Update: Top 52 Most Popular Articles Hedge Fund Tracker Tool Financial Certification Hedge Fund Forum Hedge Fund Accountants Investment Consultants Investment...

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India Hospitality Corp. Releases Fiscal 2008 Annual Report

LONDON, Sept. 30 /PRNewswire/ -- India Hospitality Corp. (LSE: IHC, IHC or India Hospitality) today announced that it has released its Fiscal 2008 annual report to the public. The report is available for all interested investors to download from IHC's website at by clicking on the "Investor Relations" tab. About India Hospitality Corp. India Hospitality Corp. (IHC) is a diversified pan-Indian hospitality and...

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Utek sells H-Hybrid Technologies

World Energy Solutions Inc. has acquired H-Hybrid Technologies Inc. from Utek Corp. in a stock transaction.

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3i Group Weathering Credit Crunch

In this lousy market, we'll take good news wherever we can find it. Apparently one place with good news is portfolio holding 3i Group PLC (which trades in London under symbol III).If you're a long-time reader of this blog, you'll...

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Warning of threat to mining start-ups

The mining start-up industry will be damaged if investors in RAB Capital's flagship $923m (£502m) hedge fund reject restructuring proposals

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Keep your eye on 3i to weather the storm

Given that the private equity bubble has popped trading at 3i Group is holding up remarkably well.

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3i realized proceeds off 45% in 5 months through August

TEL AVIV (MarketWatch) -- 3i Group Plc, the London private-equity firm, reported that for the five months ended Aug. 31, realization proceeds fell 45% to 560 million pounds ($1.04 billion) from 1.01 billion pounds in the year-earlier period. The figure excludes proceeds of 162 million pounds from ABX, 3i expects to receive shortly after Sept. 30. 3i said it invested 622 million pounds in the five-month...