Tuesday, Nov 26, 2024

International Finance

Tag : Wealth Management

Banking

Off Balance Sheet Transactions of Banks to come Under BASEL Scrutiny

International Finance Desk
by International Finance Desk
The Basel rule requires the banks to hold capital equivalent to at least three percent of their assets, without any possibility to take into account the riskiness of a lender’s investments. October 01, 2013 : Banks are set to face a broad international leverage limit that will catch off balance sheet risks and prevent them from...
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Uncategorized

International Finance Magazine, Financial Awards – Azerbaijan 2013

International Finance Desk
by International Finance Desk
International Finance Magazine announces Financial Award winners for Azerbaijan 2013. 1st October 2013 International Finance Magazine (IFM), the London based online magazine with a viewership in over 200+ countries announced the financial awards 2013 for Azerbaijan. The recipients have been chosen after a rigorous selection process by the internal team as well as key inputs...
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Economy

Debt Equity Swap

International Finance Desk
by International Finance Desk
In a debt for equity swap, the participating creditors receive equity interests in a reorganised capital structure in consideration for reducing their debt claims against the company. 1st October 2013 Electra Partners, an independent private equity fund manager based in London has taken a controlling stake in holiday park operator Park Resorts, in a deal...
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Fintech

When Under Pressure, Preparedness Pays Dividends

International Finance Desk
by International Finance Desk
Michael Speranza, Senior Vice President, Managing Director, Trading Communication Systems . 28th October 2013 Under pressure. Got to keep things going – advancing toward the goal. A midfielder passes the ball to a striker. A guard feeds it to a power forward. A quarterback throws a spiral to a running wide receiver. Worldwide, whether it’s...
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Banking

Chapter 11 Bankruptcy

International Finance Desk
by International Finance Desk
Chapter 11 is a part of the United States Bankruptcy Code, which involves reorganization of a debtor’s business affairs and assets. It is filed by corporations which need time to restructure their debts. September 26, 2013 : Physiotherapy Associates, an outpatient rehabilitation services provider based in Exton has decided to file for Chapter 11 Bankruptcy due...
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Economy

Kenya Sets Framework to Manage New Petroleum Wealth

International Finance Desk
by International Finance Desk
New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000. 24th September 2013 Country-owned framework involves local communities in managing petroleum wealth New oil find in northern Kenya’s Turkana County could reduce poverty for over 900,000 Transparent revenue-sharing, skills programs for youth essential to sustainable development Kenya is abuzz with talk...
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Economy

European Union Association Agreement

International Finance Desk
by International Finance Desk
European Union Association agreements are international agreements that the European community / European Union has concluded with third world with the aim of setting up an all embracing frame work to conduct bilateral relations. 24th September 2013 Kremlin has warned Ukraine that if it goes ahead with a planned agreement on free trade with the...
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Economy

Poland Doing Business 2013

International Finance Desk
by International Finance Desk
Poland has recorded the biggest improvement globally in terms of facilitating local enterprise. 24th September 2013 Poland is undertaking a series of reforms to improve its business climate. In recent years the country has achieved the biggest improvement globally in terms of facilitating local enterprise. These accomplishments include improving business registration for entrepreneurs, streamlining the...
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Fintech

High Above Earth, Satellites Help Direct Ground-Breaking Development Work

International Finance Desk
by International Finance Desk
A space-based partnership between the World Bank and the European Space Agency is opening up new frontiers in international development. 23rd September 2013 A space-based partnership between the World Bank and the European Space Agency is opening up new frontiers in international development. Using sophisticated Earth observation measurement systems from a constellation of orbiting satellites,...
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Economy

India:Corporate Social Responsibility

International Finance Desk
by International Finance Desk
The World Bank seeks to strengthen the collaboration between corporate business strategies and national development priorities by supporting the Government of India’s Ministry of Corporate Affairs. 23rd September 2013 What is corporate social responsibility? Corporate Social Responsibility (CSR) is often defined as corporate responsibility, corporate citizenship, social enterprise, sustainable development, triple-bottom line, corporate ethics, and...
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