assets

A U.S. federal judge temporarily froze the U.S. assets of Mt.Gox chief Mark Karpeles and allowed alleged victims of the shuttered bitcoin exchange to demand evidence. more...

David Kotok, Chairman & CIO at Cumberland Advisors says time is ripe to invest in risky assets as Europe turns a corner and some EMs look like a buy on dips. more...

Assets in U.S. based exchange-traded funds fell below the $1 trillion mark in September, the lowest level since November 2010, according to a new report from Birinyi Associates. more...

France's top bank BNP Paribas announced a plan to sell 70 billion euros ($95.7 billion) of risk-weighted assets to help ease mounting investor fears about French bank leverage and funding, two days after smaller rival Societe Generale unveiled a similar plan. more...

French bank Societe Generale said it would free up 4 billion euros of capital by 2013 by selling assets, improving its core Tier 1 ratio by 100 basis points. more...

Some of Britain’s biggest banks have begun quietly ridding themselves of billions of pounds of assets they have found difficult to sell following the financial crisis, moving them off their balance sheets and into staff pension funds, the FT reports. * more...

China should guard against risks from "excessive" holdings of U.S. assets as Washington could pursue a policy to weaken the dollar, a senior official at the State Administration of Foreign Exchange said in comments published on Tuesday.** more...

The dollar fell to a one-month low against a basket of currencies on Tuesday and a record low against the Swiss franc after a Chinese official said the greenback would continue to weaken versus other major currencies. more...

European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT. more...