Search Results for: finance industry
Grant Thornton delivers £521m UK fee income
October 23rd, 2015
Grant Thornton has reported a 1.6% year-on-year uplift in its revenue for the financial year ending 30 June 2015 to £521m. The result, which delivered profit before tax of £82m and distributable profit per partner of £398,000 – up 3.4%, ...
Citi Launches Enhanced Treasury Diagnostics Global Benchmarking Tool
October 21st, 2015
Citi announces the release of the newly enhanced version of Citi Treasury Diagnostics (“CTD”), an award-winning, web-based benchmarking tool designed to help corporates assess their treasury and working capital practices against industry peers and best-in-class companies. The new release ...
P2P lending platform expands into mainland Europe with the acquisition of Zencap
October 21st, 2015
Funding Circle launches across Europe with deal for Rocket Internet-backed Zencap Leading global marketplace for business loans expands into Germany, Spain and the Netherlands Funding Circle, the world’s leading online marketplace for business loans, today announced it has joined ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Deutsche Bank announces comprehensive organizational restructuring and reorganization of key management roles
October 19th, 2015
Deutsche Bank will fundamentally change its group and leadership structure. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Bank´s business divisions. This will be supplemented by a reorganization of executive ...
London Stock Exchange Group Launches New Derivatives Venture – Curveglobal
October 16th, 2015
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...
Three Trends Have Radically Redefined the Energy Market
October 14th, 2015
Cheap gas isn’t going away and solar is gaining market share Bloomberg New Energy Finance forecasts `age of plenty’ Michael Liebreich, the founder of Bloomberg New Energy Finance, set out the trends upending the global energy markets and ushering in ...
Biometrics payment startup Zwipe raises $5m to accelerate global growth
October 14th, 2015
Biometrics pioneer zwipe raises $5m from high-tech innovation group kuang-chi to accelerate global growth Zwipe, which launched the world’s first fingerprint authenticated payment card on 17 October last year, today announced that it has raised $5 million in equity ...
What OPEC’s New Romance with Russia Means for Oil Prices
October 12th, 2015
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to ...
Goldman, Morgan Stanley win back hedge fund trading business
October 7th, 2015
Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses. ...