Investors monitoring Pimco after internal strifeSeveral US institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bil More… |
Govt spending urged to ease crisisKuwait was urged by a financial expert to increase government expenditure to avoid the impact of the current financial downturn at the Arab Fund for Economic Development summit. National Bank of Kuwait (NBK), the highest rated bank in the More… |