Thursday, Dec 18, 2025

International Finance

Tag : Europe

BankingFinance

Europe may be at the mercy of US banks

International Finance Desk
by International Finance Desk
US banks are about to surpass their European counterparts in the European investment bank market, which could, in the future, be dominated by the big five American banks Dirk Schoenmaker & Charles Goodhart October 25, 2016: The European banking system is downsizing. As a consequence, the big US investment banks are on the rise in...
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Economy

Next US president may have to deal with recession

International Finance Desk
by International Finance Desk
WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...
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Economy

UK’s €40 billion bill could be EU’s first Brexit hurdle

International Finance Desk
by International Finance Desk
UK could put the budgetary contributions at the forefront of negotiations, in the hope of gaining leverage Lewis Crofts and Matthew Holehouse October 20, 2016: Before UK and EU officials get down to the detailed work of unpicking laws and drafting the transitional measures to govern Brexit, they may first have to deal with the...
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Economy

Paris launches campaign to attract talent from London post-Brexit

International Finance Desk
by International Finance Desk
Advertisement to target London airport, train stations, UK national newspapers October 18, 2016: The organisation representing the business district of La Défense in Paris, has launched a national UK advertising campaign to lure talent from London in the wake of Brexit. Adverts will go live at Heathrow airport, Eurostar stations including St. Pancras International and...
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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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