Tuesday, Apr 16, 2024

International Finance

Tag : Europe

Uncategorized

Defending the UK’s financial trading sector

International Finance Desk
by International Finance Desk
The government’s intent ‘is for the UK to remain the top choice for European and global bank headquarters’ Nigel Davies October 17, 2016: Over the past decade, the nature of the threats to society has evolved beyond the physical world in which they traditionally operated. State-sponsored cybercrime and organised criminal hacking has become a threat...
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Banking

Georgia’s TBC Bank slashes loan decision time

International Finance Desk
by International Finance Desk
Using software from analytic software firm FICO October 12, 2016: TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down...
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Banking

ING to shed 7,000 jobs

International Finance Desk
by International Finance Desk
Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
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Economy

Brexit: So far so good for the UK

International Finance Desk
by International Finance Desk
Among other things, it is more price competitive in global markets, thanks to the depreciation of the pound Suparna Goswami Bhattacharya September 26, 2016: Though talks of the adverse after-effects of Brexit have been going on for a while, things have not been as bad for the country as was predicted, at least for now....
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Fintech

Enforcing debt when trading with Eurozone customers

International Finance Desk
by International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
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Economy

EU likely to make it tough for UK

International Finance Desk
by International Finance Desk
A wrong step in the negotiations may fuel demand from other countries to exit Suparna Goswami Bhattacharya September 15, 2016: Recently, the German economy minister had remarked that Britain must not be allowed to ‘keep the nice things’ that come with EU membership without taking responsibility for the fallout from Brexit. In fact, he warned...
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Finance Wealth Management

Aristo can pave the path for EU citizenship

International Finance Desk
by International Finance Desk
All you need to do is a direct property investment in Cyprus August 1, 2016: Cyprus boasts some of the world’s finest properties, set against a backdrop of astonishing beauty. It is a place where relaxation comes naturally. One can explore the great history, the excitement of towns and villages, and a range of natural...
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Fintech

Dun & Bradstreet launches cloud-based D&B Credit

International Finance Desk
by International Finance Desk
Will enable financial decision makers to mitigate risks and identify growth opportunities July 26, 2016: Dun & Bradstreet has launched D&B Credit, the next generation risk management platform for trade credit in the UK and Ireland. The cloud-based platform gives finance teams dynamic, intuitive access to the world’s largest commercial database, with over 250 million...
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Economy

UBS may shift its base outside the UK

International Finance Desk
by International Finance Desk
Banks worry about losing passporting rights IFM Correspondent July 14, 2016: With uncertainty looming large post-Brexit, some banks may shift their headquarters and offices outside London. Andrea Orcel, president of UBS Investment bank, has warned that it is considering moving its staff to a European country, following the UK’s vote to leave the EU. UBS,...
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Economy

Surf Air comes to Europe

International Finance Desk
by International Finance Desk
The membership airline club will offer European travellers smart and affordable travels July 12, 2016: Surf Air, the all-you-can-fly membership club, announced the launch of its European operations, offering unlimited air travel to businesses and consumers for a monthly fee from October onwards. Travelling aboard a state of the art executive jet, Surf Air routes...
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