Divisa Capital raises $100 million of new funds
It will be used for expansion and increase of interbank credit lines...
Tag : CEO
Trump’s travel ban: markets spooked
But, investors will be seeking out bargains Nigel Green February 1, 2017: US President Donald Trump’s ban on visitors from seven Muslim-majority nations has spooked markets, but clued-up investors won’t be panicking, they’ll be seeking out bargains. The American markets fell on Monday below 20k, taking their cue from weak European and Asian markets. For...
US interest rate hike could come sooner than later?
Fed Chair Janet Yellen says the economy is almost at full employment and inflation is moving in the direction of the Fed’s goal...
Carlyle to become largest shareholder in Global Credit Ratings
The transaction with the South African company is expected to close in early 2017 January 19, 2017: Global alternative asset manager The Carlyle Group (NASDAQ: CG) announced on January 16 that it has agreed to acquire a significant stake in Africa’s largest credit rating agency Global Credit Ratings (GCR) from the management, founders and German...
IVSC launches new global standards for valuation profession
The IVSC is an independent, not-for-profit organization which sets global standards for valuation practice and the valuation profession January 19, 2017: The International Valuation Standards Council (IVSC), the global standard setter for valuation practice and the valuation profession, has launched IVS 2017, marking an important milestone towards harmonising valuation practice across the world. The IVSC...
GM expects earnings growth again in 2017
US auto major increases stock repurchase program January 12, 2017: General Motors Co. (NYSE: GM) said it expects its 2017 earnings per share (EPS) diluted-adjusted to increase to $6.00-$6.50, up from its 2016 calendar-year outlook of $5.50-$6.00. In 2017, the company also expects to maintain or improve EBIT-adjusted and EBIT-adjusted margin on higher revenues, compared to 2016, and...
Ford cancels plan to open plant in Mexico
Move comes after Trump gets elected as the President...
‘The top three risks for investors in 2017 are…’
According to Nigel Green, they are the Fed, elections in the EU, oil price impact...
Africa’s youth bulge
Many analysts expect significant growth opportunities in the continent, which has the largest youth population in the world Benita James December 21, 2016: Africa’s demography is showing a visible shift and many analysts have reason to believe that the continent has the largest youth population in the world. A young population is generally considered as...
Banks need not fear startups
How data science can save traditional banking and insurance from GAFA Florian Douetteau December 12, 2016: In 2016, there are very few industries that big tech players (Google, Apple, Facebook and Amazon – or GAFA) don’t have their hands in. The finance industry is no exception; after having recovered from the global economic crisis of...