International Finance

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Fidelity taps Alpha Factor Library

The S&P Global Market Intelligence product helps investors identify and analyse investment opportunities April 22, 2016: S&P Global Market Intelligence, a division of McGraw Hill Financial (NYSE: MHFI), has announced that Fidelity Investments has selected the US Value Model from its unique Alpha Factor Library to help customers identify or validate attractively priced stocks with...
Fintech

BrickVest raises £1 million

Platform has already attracted 1,120 international members April 22, 2016: BrickVest, the online pan-European real estate investment platform, announced that it has raised £1 million, closing two oversubscribed investments two months after launch. The platform has already attracted more than 1,120 international members. The BrickVest platform provides investors online access to institutional quality commercial real...
Fintech

Yahoo not ready to reveal details on bids

Reports first quarter earnings; results in line with analysts’ expectations IFM Correspondent April 20, 2016: Yahoo on Tuesday announced its first quarter earnings which were better than what Wall Street had estimated. The company posted adjusted first quarter earnings per share of 8 cents, compared to 15 cents per share in previous year.  Gross revenue...
Fintech

Is anyone keen on Yahoo earnings?

What will be of interest will be some sort of news on the bidders’ front IFM Correspondent April 19, 2016: Yahoo is all set to announce its first quarter earnings on Tuesday April 19. But perhaps, this is the first time in its history that not many will be keen on its top line or...
Economy

Dubai to host creative ideas, entrepreneurs at DAFZA

The groundbreaking of first global incubator for innovation in Islamic economy took place on March 30 April 18, 2016: The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority (DAFZA) officially launched the digital portal of the ‘Oasis of Innovation in Islamic Economy’ concurrently with the groundbreaking of the first global oasis...
Fintech

£390mn in foreign reserves languishing in British sock drawers

Study suggests that millions in ‘leftover’ currency from holidays and trips abroad is discarded April 18, 2016: There could be a hidden cost of travel abroad – and it’s not what many of us would expect.  According to research from Xpress Money Services, up to £390million in unchanged foreign currencies remains tucked in jars and...
Banking

KBL epb expands UK and Dutch operations

Announces acquisition of Insinger de Beaufort April 14, 2016 : KBL European Private Bankers (KBL epb) – a pan-European network of private banks, present in the UK via its affiliate Brown Shipley – announced that it has entered into a preliminary agreement to acquire Insinger de Beaufort, a leading private bank in the Netherlands that...
Banking

Deposit Solutions appoints Max von Bismarck as CBO and MD

FinTech company accelerates Europe-wide rollout April 14, 2016: Deposit Solutions, the first open architecture platform for retail savings deposits and operator of ZINSPILOT, has strengthened its leadership team with Max von Bismarck as Chief Business Officer and Managing Director. Von Bismarck will work alongside founder Dr. Tim Sievers to support him with the international expansion...
Uncategorized

FC Exchange joins Saxo Payments’ banking circle

This will help in expansion into new markets April 14, 2016: Saxo Payments, the global transactions services provider, is starting a new partnership with currency broker and international payments solution provider, FC Exchange. Under the new agreement, the Saxo Payments Banking Circle will help FC Exchange deliver sophisticated solutions, across multiple currencies, to its rapidly...
FinanceWealth Management

Why China is buying gold

Mike Gleason speaks to Jim Rickards on the confused Fed, gold manipulation and negative interest rates Mike Gleason April 13, 2016: James Rickards is Chief Global Strategist at the West Shore Funds, editor of Strategic Intelligence, a monthly newsletter, and Director of The James Rickards Project an inquiry into the complex dynamics of geopolitics and...