Saturday, August 22, 2026

International Finance

Category : Wealth Management

Wealth Management

Driving the company to be a ‘People Business’

International Finance Desk
by International Finance Desk
Thai Life Insurance Public Company Limited believes that ‘people’ are the key factor in their business IFM Correspondent November 28, 2016: Thai Life Insurance Public Company Limited is the country’s first life insurance company. It was founded 74 years ago. In 2014, the company altered its vision, mission and core values to become a cutting-edge...
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Wealth Management

Japan scores low in financial literacy

International Finance Desk
by International Finance Desk
Aversion to risk poses challenge to reversing the prolonged deflation in the economy Suparna Goswami Bhattacharya November 22, 2016: Despite being among the most industrialised and developed nations in the world, Japan surprisingly scores very low on financial literacy. According to a survey by the Central Council of Financial Services Information, Japanese are averse to...
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Wealth Management

Tax compliance gets easier for companies

International Finance Desk
by International Finance Desk
But post filing challenges still persists November 18, 2016: Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on businesses, says the latest edition of Paying Taxes 2017, a report by The World Bank Group and PwC. The report finds that the Total Tax Rate decreased by 0.1...
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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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