Friday, Mar 14, 2025

International Finance

Category : Finance

Gold demand fell in Q3 of 2016

International Finance Desk
by International Finance Desk
Exchange-Traded Products were the only area of growth IFM Correspondent November 10, 2016: Gold demand fell 10% in Q3 to 992.8 tonnes (t). Exchange-Traded Products were the only area of growth, with inflows of 145.6 tonnes. Bars, coins and jewellery remained very weak: year-to-date consumer demand was down 16%, according to the World Gold Council’s...
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British bankers: London will remain Europe’s financial centre

International Finance Desk
by International Finance Desk
51% believe Britain is in position to negotiate a bespoke trading relationship with the EU November 4, 2016: Synechron Inc, a global financial services consulting and technology services provider, has released findings from its research into short and long-term impacts of Brexit. The study was conducted in partnership with The TABB Group. One of the...
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Falcon Private Bank appoints new Global Head for Products & Services

International Finance Desk
by International Finance Desk
Arthur Vayloyan joins the bank after a long-standing career at Credit Suisse IFM Correspondent November 23, 2016: Falcon Private Bank has appointed Arthur Vayloyan as the Global Head of Products & Services and Member of the Executive Board, effective December 1, 2016. Arthur Vayloyan has almost 25 years of banking experience. He joins Falcon Private Bank...
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Emirates REIT now world’s largest listed shari’ah compliant REIT

International Finance Desk
by International Finance Desk
Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...
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Investment bank sold all its UK assets before Brexit

International Finance Desk
by International Finance Desk
Carnegie Investment Bank manages $17 billion for clients IFM Correspondent November 2, 2016: Carnegie Investment Bank AB, which manages $17.2 billion for clients, sold all of its UK holdings as opinion polls narrowed ahead of the June vote to exit from the European Union. Chief strategist Henrik Drusebjerg explained that the bank held equities as...
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Bank of England governor to continue till 2019

International Finance Desk
by International Finance Desk
Mike Carney to stay till Brexit negotiations get over IFM Correspondent November 1, 2016: Bank of England governor Mike Carney has ended days of speculation by announcing that he will step down in June 2019, still two years short of a full term. He said he recognises the importance ‘to the country of continuity during...
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Brexit: Pound’s turbulence unsettling British pensions

International Finance Desk
by International Finance Desk
Could drive pension pots worth hundreds of millions overseas Nigel Green October 31, 2016: The Brexit-battered pound has triggered a significant surge in people seeking advice on moving British pensions out of the UK. Since the UK’s historic vote to leave the EU, the sterling has fallen in value 14.5 per cent against the euro...
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SIX Swiss Exchange extends technology contract with Nasdaq

International Finance Desk
by International Finance Desk
It will leverage Nasdaq’s trading, market surveillance and pre-trade risk management technologies October 31, 2016: Nasdaq and Six Swiss Exchange announced the extension of their current technology contract, which includes X-stream INET Trading technology for all SIX markets, including equities, ETFs, structured products, funds and fixed income, as well as SMARTS Market Surveillance and Nasdaq Pre-Trade...
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Access to credit for ‘unscoreable’ consumers and entrepreneurs

International Finance Desk
by International Finance Desk
New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
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Tapping the opportunities in Latam

International Finance Desk
by International Finance Desk
HMC Capital has developed a complete platform of third party products and strategies, and proprietary products October 25, 2016: HMC Capital is a Latin American investment and financial advisory firm with offices in Chile, Brazil, Peru, Colombia and United States. With $5 billion under distribution (third party funds) and $1 billion under management, HMC provides...
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