Monday, Nov 18, 2024

International Finance

Tag : Trading and technology

Business Leaders

The Rise of a Telecom Billionaire

International Finance Desk
by International Finance Desk
Carlos Slim’s net worth is equivalent to 7 % of Mexico’s GDP and for Bill Gate’s to have a same grip on the U.S. economy he would need 909 billion and own Alocoa, Philip Morris, DoNuts, Citi Bank, Marriott and Jet Blue....
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FinanceIslamic Banking

Islamic funds are not just an alternative

International Finance Desk
by International Finance Desk
Their success is turning them into a source of competition for the conventional funds industry Camille Paldi September 22, 2015: More than 750 Islamic Investment Funds have been established around the world with assets under management (“AUM”) totaling approximately $60 billion compared to 70,000 conventional funds with AUM of $19trillion.  Currently, a wide variety of...
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Uncategorized

Oman SME Summit 2015: Opportunities galore

International Finance Desk
by International Finance Desk
As the Gulf nation presses ahead with diversifying its oil-dependent economy, be there on September 13-14 to see what’s in it for you In today’s fast-paced and dynamic market environment, SMEs undoubtedly play a vital role. Though the term needs no explanation, for the sake of clarity, Small and Medium-sized Enterprises (SMEs) are non-subsidiary, independent...
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Economy

Brazil takes a $27 billion hit

International Finance Desk
by International Finance Desk
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...
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Banking

Laos and World Bank to end poverty and build shared prosperity

International Finance Desk
by International Finance Desk
Lao PDR has made significant strides in relation to poverty reduction. July 15, 2013: The World Bank Group and the Lao PDR have forged a constructive partnership for development lasting more than five decades, during which time, the Lao PDR has made significant strides in relation to poverty reduction. It has reduced the poverty headcount from almost half...
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Banking

The Note in your Wallet- Full Speech by Chris Salmon

International Finance Desk
by International Finance Desk
Chris Salmon, Executive Director for Banking Services and Chief Cashier, Bank of England , At the Plymouth Chamber of Commerce. June 19, 2013: I would like to thank Victoria Cleland, Mona Naqvi, Roy Whymark and Kevin Wills for their contributions and am grateful for helpful comments from other colleagues. I am grateful to you for...
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Banking

Central Counter-Parties what are they, why do they matter and how does the Bank supervise them?’

International Finance Desk
by International Finance Desk
Benefits of Central Counter-parties. June 19, 2016: Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. As such, they play a crucial role in helping the economy and financial markets to function. Central counterparties (CCPs) –...
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FinanceIslamic Banking

DP world launches Sukuk in LSE

International Finance Desk
by International Finance Desk
Becomes the fourth Sukuk bond to have launched this year May 31, 2016: DP World on 27th May launched $1.2 billion Sukuk bond in London Stock Exchange (LSE). It now becomes the fourth Sukuk to be launched this year in LSE. This follows the first ever Sukuk from Islamic Corporation for the Development of the...
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Fintech

TSYS enhances real-time fraud capabilities

International Finance Desk
by International Finance Desk
Collaboration with Featurespace to provide next-generation detection May 20, 2016: TSYS announced an agreement with Featurespace, a global leader in adaptive behavioural analytics, that will reduce fraud for its clients with a revolutionary machine learning software platform — the ARIC engine — that monitors every individual — one customer at a time — to deliver...
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