International Finance

Tag : Wealth Management

FinanceWealth Management

‘GCC can weather the fall in oil prices’

Interview with Joel Kukemelk, Fund Manager of LHV Persian Gulf Fund (LHV Asset Management) IFM Correspondent January 5,2015: In which countries does LHV have investment experience? LHV has experience in investing across the world. LHV Asset Management holds the second biggest market share in Estonian mandatory pension fund market, which was launched more than a...
Business Leaders

Corporate sustainability: No more a charity initiative

Companies are realising that businesses grow only if all the stake holders around it grow; be it employees, customers, stockholders or the environment Jaya Smitha Menon December 24,2014: For Barclays, the business of banking goes beyond the profit and loss statements they generate every quarter. They want to play a broader role in the community...
Fintech

Companies are realising the benefits of digitisation

IFM spoke to Paul Jeruchimowitz of Accenture Strategy about the conclusions from their study ‘Disrupt or be disrupted: The impact of digital technologies on business services’ Suparna Goswami Bhattacharya December 23,2014:It is a well-known fact that traditional organisations are now following the example of firms and industries which have been highly influenced by digitisation. Hence,...
Banking

Odeabank: From the 49th place to 13th in 15 years

The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...
Islamic Banking

For Luxembourg, €200mn bond was just a start

The Grand Duchy has a long history of working with the Islamic sector, but is not content to rest on its laurels Tim Evershed December 17, 2014: The government of Luxembourg is ready to help Islamic finance move into the mainstream financial markets with a raft of initiatives. The Grand Duchy has a long history...
Islamic Banking

The dispute resolution conundrum of the Islamic finance industry

The industry cannot survive without solid and uniform regulation, a unique and independent dispute resolution framework and a bankruptcy court Camille Paldi December 12, 2014: As we hear news of the rapid growth of the Islamic finance industry with billion dollar banks, huge dollar sums of Islamic assets, sukuk issuances and the expansion of Islamic...
Business Leaders

In Monopoly move, Sahara chairman offers hotel for bail

Subrata Roy has been incarcerated after running afoul of a number of India’s financial regulations David Drake December 4,2014:We’ve seen life imitate art but rarely have we seen life imitate a board game. In  Hasbro’s popular board game, Monopoly, players often land in jail as well as own massive hotels on Park Place and other...
Islamic Banking

Aafaq launches Happy Customer initiative

This will facilitate payment of government fees, among other things IFM Correspondent December 3, 2014: With an aim to facilitate the payment of government fees, Sheikh Faisal Bin Saud Al Qassimi, managing director, Aafaq, launched a first of its kind initiative called Happy Customer. “The launch of the initiative comes in line with smart government...
Business Leaders

More than half of all professionals worldwide are already using LinkedIn

Interview with Nishant Rao, managing director, LinkedIn India Suparna Goswami Bhattacharya December 2,2014: Since establishing itself 11 years ago, the journey for LinkedIn has been nothing short of a dream. Though US and India continue to be the largest markets for the business-oriented social networking site, it continues to explore other emerging economies. This year, it...
Islamic Banking

Market for takaful in Europe is looking brighter

The parallels with the mutual sector are helping Tim Evershed November 28, 2014: Takaful insurance can have a bright future in Europe due to its parallels with the mutual sector, according to panellists at International Finance Magazine’s EU Islamic Finance and Banking Summit that took place in London on November 18-19. Non-marine mutual insurance can...