International Finance

Category : Finance

Amicus applies for banking licence

May receive licence in 2017 October 19, 2016: Amicus Finance, a leading specialist financial services group, announced that it has submitted a banking licence application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).  Subject to authorisation it anticipates receiving its banking licence in 2017. The new banking licence will enable Amicus...

Redwood submits banking licence application

Initially, focus will be on UK SMEs in Hertfordshire, Bedfordshire and Buckinghamshire October 17, 2016: Acorn Financial Partners (AFP), a new venture founded and led by Jonathan Rowland, announced that it has submitted a banking licence application to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).  On authorisation AFP will be called...

deVere Mortgages partners with Al Rayan Bank

deVere Mortgages partners with Al Rayan Bank ,To offer Sharia compliant home finance to purchase property in the UK October 11, 2016: deVere Mortgages and Al Rayan Bank have entered into a strategic partnership to offer Sharia-compliant mortgage alternatives to the growing number of expats looking to purchase property in the UK. The alliance follows...

The transfer of trust

Paving the path for generational succession October 7, 2016: With almost two decades of experience and expertise, Kuwait-based KAMCO Investment Company’s Wealth Management Team has developed a comprehensive and consistent understanding of client expectations. The team effectively utilise their resources to deliver superior custom-made products and services that help clients reach their investment goals. By...

Allianz, IFC to invest in infrastructure projects

The partnership will focus on emerging markets October 6, 2016: Allianz Group and International Finance Corporation (IFC), a member of the World Bank Group, have signed a partnership under the Managed Co-Lending Portfolio Program (MCPP). Under the agreement, Allianz intends to make an investment of $500 million which will be co-invested alongside IFC debt financing...

Islamic funds are not just an alternative

International Finance Desk
Their success is turning them into a source of competition for the conventional funds industry Camille Paldi September 22, 2015: More than 750 Islamic Investment Funds have been established around the world with assets under management (“AUM”) totaling approximately $60 billion compared to 70,000 conventional funds with AUM of $19trillion.  Currently, a wide variety of...

401 (k) Plan for Savings and Retirement

International Finance Desk
In this article let us understand the meaning of a 401 (k) plan, eligibility criteria, how the plan works, caveats to the rule and difference between a 401 (k) 403 (b) plans. 30th September 2013 Fidelity Investments, the top retirement plan providers in the U.S. has been sued by its own employees over the 401...

Brazil’s Growing Trade Needs Better Infrastructure and More Investments

International Finance Desk
Brazil benefited from a high global demand for commodities, such as minerals and food products. But if it weren’t for that, the country wouldn’t have performed so well. Think of a ton of soybeans being transported from the fields of Mato Grosso do Sul – a state neighboring Paraguay – to the ports of Santos...

IFM – OMAN SME SUMMIT – September 13-14

International Finance Desk
Over 50% fail within five years, which is a drag on efforts by the Gulf nation to diversify its oil & gas based economy His Highness Al Sayyid Dr. Adham Turki Al Said arriving at the venue flanked by Abdul Hakeem Omar Al Ojaili and His Excellency Dr. Ali Saud Al-Bemani     His Highness Al...