Thursday, Sep 19, 2024

International Finance

Tag : banks

Economy

Brexit: £50,000 per employee cost for relocation

International Finance Desk
by International Finance Desk
Banks and other financial services firms considering relocating parts of workforce away from UK July 19, 2016: Synechron Inc, a global consulting and technology innovator in the financial services industry, announced the results of its analysis that determined it would cost banks and other financial services companies an average of £50,000 per employee to relocate...
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Economy

Grexit avoided, but for how long?

International Finance Desk
by International Finance Desk
Right now, the deal is just an agreement to reach a deal Carsten Brzeski July 14, 2015: After another marathon in Brussels, Eurozone leaders decided on a path towards a third bailout package for Greece. We are still waiting for the official and written summit declaration to be released but here is our first take...
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Banking

Online-only banks gaining popularity

International Finance Desk
by International Finance Desk
With banks struggling to remain profitable, digital banks are disrupting the way the industry functions Suparna Goswami Bhattacharya June 29, 2015: The one industry which has gone through a sea of transformation in the last decade is the financial industry. It all started with the opening up of ATMs and the addition of online banking...
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Economy

Too early for a fair assessment

International Finance Desk
by International Finance Desk
Prime Minister Narendra Modi’s government has shown great resolve in trying to tackle problems faced by the Indian economy in its first year in office Giovanni Puglisi June 15, 2015: Since the election one year ago, Indian Prime Minister Narendra Modi has energetically toured the world meeting foreign political and business leaders, promoting his government...
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Fintech

Cyber Crime and Security – An ongoing battle

International Finance Desk
by International Finance Desk
Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...
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Economy

Scottish referendum: Businesses breath a sign of relief

International Finance Desk
by International Finance Desk
The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...
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Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

International Finance Desk
by International Finance Desk
SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...
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