Search Results for: VAT
ICAP mulling spin-off of electronic trading arm EBS-BrokerTec, rumours say
March 27th, 2015
London interdealer broker ICAP is rumoured to be looking to spin off its electronic trading arm EBS-BrokerTec. The FTSE 250 company’s management have been mulling the split and, according to sources cited by Bloomberg, have recently discussed the separation ...
We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds
March 27th, 2015
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...
Abu Dhabi’s FGB completes stake sale in brokerage
March 27th, 2015
First Gulf Bank, the second largest lender by market capitalisation in the UAE, has said a deal to sell its 45 percent stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company has been completed. FGB, ...
Kuwait opens door for foreign operator to own part of stock market
March 27th, 2015
The Kuwait Stock Exchange may offer up to 44 percent of its shares to a company that has experience in operating bourses when it goes public, a senior government official told Reuters on Thursday. Such a move, which still ...
FASB plans two new proposals to simplify accounting
March 26th, 2015
FASB took steps to simplify accounting in two areas last week when it voted to direct the board’s staff to prepare a pair of proposed Accounting Standards Updates. Upon written approval by FASB, the proposals would be exposed for ...
Europe sets the pace as fintech investment triples in 2014
March 26th, 2015
Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture. While the United States still captures ...
Allen & Overy is IJGlobal’s Asia Pacific Law Firm of the Year
March 26th, 2015
Allen & Overy has been recognised as the “Law Firm of the Year” at the annual IJGlobal Asia Pacific Awards ceremony held in Singapore . Over 150 market professionals attended the ceremony, which recognises excellence, achievement and innovation in ...
Grupo Ficohsa acquires Banco Citibank de Nicaragua and Cititarjetas de Nicaragua
March 26th, 2015
The acquisition encompasses all of Citi’s business in Nicaragua: commercial loans, personal loans, deposits and credit cards. The transaction is pending authorization from regulatory bodies. During the process, Citi will continue its operations as it has to date. This acquisition ...
KPMG named a worldwide leader in digital enterprise strategy consulting by IDC Marketscape
March 26th, 2015
KPMG International has been named a Leader in the IDC MarketScape Worldwide Digital Enterprise Strategy Consulting Services 2015 Vendor Assessment (#254679, March 2015). The report evaluated the capabilities and business strategies of leading firms in the global digital enterprise ...
First Chinese money market ETF lists in London
March 26th, 2015
First London listed RMB denominated money market ETF to be traded and settled in RMB, GBP and EUR Commerzbank CCBI RQFII Money Market UCITS ETF gives European investors access to China Interbank Bond Market securities Confirms London’s leading role in ...
