Thursday, Nov 28, 2024

International Finance

Category : Banking

Location, location, location: Why the HSBC headquarters stayed in London

International Finance Desk
by International Finance Desk
Moving to a more economically dynamic Hong Kong would subject it to China’s not-yet-ready-for-prime-time economic institutions Richard S. Grossman March 27, 2017: In February this year, HSBC, one of the world’s largest banks, decided not to move its headquarters from London to Hong Kong. The revelation that a company is staying put is usually not...
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Decoupling Eurozone and US interest rates using unconventional monetary policy

International Finance Desk
by International Finance Desk
In continental Europe, interest rates tend to swing with their US and UK counterparts only up to 2013 Benoit Mojon Interest rates tend to move together. In Figure 1, we report interest rates on Treasury bonds of five-year maturity for the Eurozone member states that have the best ratings, and for the US, the UK,...
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Asia Pacific Financial Inclusion Summit kicks off in Hanoi

International Finance Desk
by International Finance Desk
More than 450 thought leaders in the inclusive finance ecosystem will gather over two days to drive collective and positive change for greater financial inclusion across the region...
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MUFG signs a co-operation framework with the Saudi Arabian General Investment Authority

International Finance Desk
by International Finance Desk
The Framework is a further milestone for MUFG, cementing its efforts to positively contribute to economic development in the Kingdom March 20, 2017: MUFG’s banking subsidiary, The Bank of Tokyo-Mitsubishi UFJ, Ltd, has signed a Framework of Co-operation (Framework) with the Saudi Arabian General Investment Authority (SAGIA). MUFG, or Mitsubishi UFJ Financial Group Inc, is...
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Anti-money laundering requirements: are the stakes increasing?

International Finance Desk
by International Finance Desk
Sophisticated techniques for detection of suspicious activity require someone with a level of knowledge and understanding — more than just ‘an analytics person’ Colin Bristow March 17, 2017: Part 504 of the US Department of Financial Services Superintendent’s Regulations seems to be significantly upping the requirements for firms to put in place an ongoing review...
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US Fed raises interest rate: Three questions investors need to ask themselves

International Finance Desk
by International Finance Desk
Hike by the world’s de facto central bank confirms that we’re in a new era of higher inflation and higher interest rates Nigel Green March 16, 2017: The US Federal Reserve raised interest rates for the second time in three months on Wednesday. It was prompted to do so by strong jobs data, and forecasts...
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Challenges for Islamic finance in the USA

International Finance Desk
by International Finance Desk
The biggest challenge is the First Amendment of the US Constitution Camille Paldi  March 14, 2017: With proper regulation, legislation, and dispute resolution, Islamic finance, sukuk (Islamic bond) and takaful (Islamic insurance) have tremendous possibilities in the United States at this moment in time. Modes of Islamic finance, including musharakah, mudharabah, murabahah, tawarruq, salam, and istisna’a, can enhance the capitalist performance of...
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Deutsche Bank fined for laundering $10 billion for Russians

International Finance Desk
by International Finance Desk
The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
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