International Finance

Tag : Wealth Management

Economy

The superman CFO: Insights into the evolving role of the CFO

Written by Brendan Walsh, Senior Vice President of American Express Global Corporate Payments Europe. 22nd November 2013 Encouraging innovation is most important contribution to growth the CFO will seek to make within the next two years. What does it mean to be a CFO today? The economic downturn clearly affected British businesses in a number...
Fintech

Discovering Dark Data

by Nick Patience. 21st November 2013 Dark data, otherwise known as unstructured, unmanaged, and categorized information is a major problem for many organisations (and many don’t even know it). Many organisations don’t have the will, systems or processes in place to automatically index and categorize their rapidly growing unstructured dark data and instead rely on...
Fintech

Putting a Clause in the Contract for Electronic Discovery

by Drew Lewis. 21st November 2013 Let’s start with a not too shocking statement: the cloud offers many advantages for legal firms in terms of storage capacity, as well as reductions in IT, hardware and software costs.  Nothing controversial so far.  But for all of the convenience and benefit cloud storage and services offer, there...
Fintech

One Investment that Can Make Unhealthy Cities Livable and Fight Climate Change: Sustainable Transportation

BY RACHEL KYTE. 20th November 2013 The more the world urbanizes – and we’re forecast to be 70 percent urban-dwellers by 2050 – the more critical clean, efficient, safe transportation becomes. Access to better jobs, schools, and clinics gives the poor a ladder out of poverty and towards greater prosperity. But transport as we know...
Economy

Growth in Greece? A Logistical Possibility

BY DARIA TAGLIONI. 20th November 2013 More than 95 percent of goods traded between Europe and Asia are transported via deep sea. All of this happens through two primary routes– some serious traffic. But it’s far from stop-and-go. In fact, most doesn’t stop at all. Large container ships leave ports in Asia and proceed directly...
Economy

Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?

BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...
Economy

A Billion-dollar Opportunity for Developing Countries

BY OTAVIANO CANUTO. 19th November 2013 The decision last week by the Swiss government to sign the OECD’s somewhat lengthily named Convention on Mutual Administrative Assistance in Tax Matters is the latest of a series of developments that have radically increased the amount and quality of tax information available to governments. For developing countries, being...
Fintech

Relevant and Essential: ICT for the New Bank

BY DEEPAK BHATIA. 18th November 2013 As some of you may have heard, the World Bank is in the middle of an extensive change process, with the goal of making us more responsive and nimble in addressing the needs of our client countries. In the ICT Practice, we are convinced that an important part of...
Banking

Switzerland Tops Financial Secrecy Index

An estimated $ 21 trillion to $ 31 trillion of private financial wealth is located in untaxed or sparsely taxed secrecy jurisdictions, according to the Tax Justice Network. November 18, 2013 : Switzerland, the world’s largest centre for cross border wealth management, retained the top spot in a financial secrecy index by the Tax Justice Network...
Economy

French Economy Contracts as Exports Fall

A report released by OECD warned that the growth of the country is falling behind southern European countries that have cut labour costs to induce growth. 15th November 2013 The French economy contracted by 0.1 percent, negating the prospects of revival from robust growth in the previous three months. It had been expected to post...