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Kas Bank rondt integratie overgenomen fondsen

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Kas Bank rondt integratie overgenomen fondsenmanager af


AMSTERDAM (Dow Jones)--KAS Bank nv heeft de deze zomer overgenomen Duitse fondsenmanager Deutsche Postbank Privat Investment Kapitalanlagegesellschaft mbH (PPI) inmiddels volledig in haar Duitse dochterbedrijf Kas Investment Servicing GmbH geintegreerd, meldt de financieel specialist dinsdag.

PPI werd deze zomer door Kas Bank overgenomen. De samenvoeging van de fondsenmanager PPI met Kas Investment Servicing was de laatste stap in het integratieproces.

PPI verzorgt de administratie van de beleggingsfondsen van Deutsche Postbank.



Door Maarten Kolsloot Dow Jones Nieuwsdienst; +31-20-5715 201, maarten.kolsloot@dowjones.com



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Dit is de start van de einde-jaars-rally

Geithner: Can shift "substantial" bailout funds to jobs

WASHINGTON
Mon Dec 7, 2009 12:40am

Fri, Dec 4 2009
Geithner says need to cut budget deficit
Thu, Dec 3 2009
CORRECTED - Use bank bailout funds for jobs package - Pelosi
Thu, Dec 3 2009WASHINGTON (Reuters) - The projected long-term cost of the government's bailout of the nation's big banks is going to be at least $200 billion less than previously thought, a United States Treasury Department official said on Sunday night.

The Obama administration had estimated the cost to taxpayers of the $700-billion Troubled Asset relief Program, or TARP, would be $341 billion but now says it can cut that by $200 billion.

"That improvement is driven by the fact that Treasury's investments to stabilize the system are delivering higher returns than anticipated and that Treasury does not anticipate having to draw upon the full $700 billion in TARP authority," the Treasury official said.
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