On Thursday 21 March 2013, Pierre Lebeau, Partner and Head of Corporate Finance of Petercam and Maarten Wolleswinkel, President of M&A International Inc. rang the Opening Bell at NYSE Euronext Brussels to celebrate 13th M&A Mid-Market Forum hosted by Petercam in Brussels. More than 200 professionals working in M&A are attending this unique and highly interactive forum. M&A International was founded in 1985 to harness the entrepreneurial spirit of a group of highly specialized, focused merger and acquisition advisory firms across the globe.
The Frans Hals Museum marks its new exhibition Frans Hals. Eye to Eye with Rembrandt, Rubens and Titian.
In Frans Hals Year 2013, key works by the artist will be shown amidst paintings by such famous predecessors as Titian, Rembrandt, Rubens, Van Dyck and Jordaens in the new exhibition. This extraordinary confrontation of old masters is essential to the understanding of seventeenth-century art. Famous painters often produced their works in response to one another, seeking to outdo the other artist and create something exceptional. The best way to assess the results of their efforts is to look at comparable works side by side. Visitors can see for themselves the artistic challenges Hals must have faced and what makes him unique. The paintings come from some of the world’s greatest museums, among them the National Gallery in London...
Columbia Business School Professor Charles Jones and CFTC Commissioner Bart Chilton bring two different visions to the growing debate over the role high-frequency trading (HFT) plays in our financial markets.
Writing in a POLITICO opinion page, Jones frames the debate by asking: “Is high-frequency trading a threat to our financial markets or an important innovation that benefits today’s investors?”
Surveying nearly 30 theoretical and empirical papers to date, Jones conducted the first ever “meta-analysis” and “clear-headed assessment of the hard data” on HFT, and finds that “HFT and related technologies are making markets better, not destabilizing them.”
“Almost every time there has been a change in market structure facilitating more HFT activity,” Jones writes, “liquidity and overall market quality have improved.” Since “[o]ne computer algorithm can now do the job of...
Stocks ended higher as investors noted the announcement from the Federal Reserve that it sees the jobless rate falling faster than originally anticipated and that it will keep interested rates at historic lows. In overseas news, Cyprus is in discussions with Russia for a loan, after the country’s parliament rejected the terms of a bailout from the EU.
Weekly mortgage applications fell 4% dropping for a second week in a row. The rise in mortgage rates is the main source of the downturn.