International Finance

Category : Finance

FinanceWealth Management

Toxic Assets – Beginning of the End

International Finance Desk
Many banks have managed to cut down their toxic assets, Citigroup for example, cordoned off its troubled assets in January 2009 with its creation of Citi Holdings. 10th September In this article International Finance Magazine explains what is a toxic asset,fall of Lehman brothers, misuse of Repo 105 and its implications on the world. An...
FinanceWealth Management

Importance of having a Condominium Insurance

Condo owners need to take in to consideration additional coverage for the building on their condominium association’s master insurance and coverage. 9th September 2013 CTV News, reported that a growing population and a modest job growth will prevent condo markets in Canada’s major cities from crashing, a report from Conference Board of Canada said. Sales...
FinanceWealth Management

Mechanic’s Lien

In this article, International Finance Magazine explains what is a mechanic’s lien, how does it benefit the debtor, exemptions for payment of a mechanic’s lien and the most common mistakes while filing a mechanic’s lien. 6th September 2013 A mechanic’s lien is a debt collection method used in the court for guaranteeing payment for services...
FinanceWealth Management

Understating Riskiness Through Window Dressing

Window Dressing may make a fund appear more attractive, but the stock will tend to decline after a certain period. 5th September 2013 Consider this scenario, share prices on Philippine Stock Exchange opened higher last Friday (August 3oth), extending Thursday’s rebound as positive sentiment over higher than expected gross domestic product (GDP) output in the...
FinanceWealth Management

Switzerland Far Ahead of the Pack

The key players in the Swiss financial centre are the banks, and their core business is wealth management. 27th August 2013 When you mention Switzerland, most people think of mountains and cheese with banks coming a close third. The country has a highly successful market economy based on banking and international trade, its standards of...
FinanceWealth Management

Vulture Funds Threat to HIPC

The term “vulture fund” refers to a hedge fund that seeks to profit by buying up the distressed debt on secondary markets at a below par price, and then trying to recover ten times the purchase price, often by suing in U.S. or European courts. 26th August 2013 Last month, two hedge funds took a...
FinanceWealth Management

A window of opportunity to end extreme poverty and boost shared prosperity by 2030

The World Bank has been a long term partner with the Philippines and is committed to building an even stronger relationship with the government and the people. 29th July, 2013 If the first quarter of this year is any indication, the Philippines is doing well in terms of gross domestic product (GDP) growth. At almost...
FinanceWealth Management

Explaining Derivative Contracts

A derivative contract, in their most basic form, represents the right to buy or sell a security at a specified price; derivatives are generally used as a hedging tool to guard against market fluctuations. 23rd July 2013 Derivatives are financial instruments whose value is a function of the price of another asset, as the name...
FinanceWealth Management

Real Estate Income Strategies for Retirees

Most retirees need regular cash flows to manage their day to day expenditure in order to lead a satisfied and comfortable retired life. 2nd July 2013 Retirement is a critical point of everyone’s career, and oftentimes the most anxiety ridden for most individuals. Although retirement is inevitable, most individuals fail to adequately plan for this...