Thursday, Apr 23, 2026

International Finance

Category : Wealth Management

Wealth Management

British industrialist seals purchase of ‘industry-friendly’ UK bank

International Finance Desk
by International Finance Desk
Tungsten Bank to be renamed Wyelands Bank November 16, 2016: British industrialist Sanjeev Gupta, through Wyelands Holdings Limited, finalised with Tungsten Corporation PLC, the terms of the purchase of Tungsten Bank PLC which is to be renamed Wyelands Bank PLC. This is following receipt of approval at the beginning of November for a Change in...
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FinanceWealth Management

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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FinanceWealth Management

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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FinanceWealth Management

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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FinanceWealth Management

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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FinanceWealth Management

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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FinanceWealth Management

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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FinanceWealth Management

85% of remortgagors lowering their mortgage rates

International Finance Desk
by International Finance Desk
Spurred on by record low rates, two thirds of remortagagors plan to remortgage again in the next four years October 24, 2016: In September, 85% of remortgagors were able to lower their mortgage rate, according to LMS, one of the UK’s leading conveyancing panel management specialists. The findings illustrate why it is such a good...
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FinanceWealth Management

The transfer of trust

International Finance Desk
by International Finance Desk
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...
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FinanceWealth Management

Allianz, IFC to invest in infrastructure projects

International Finance Desk
by International Finance Desk
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...
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