Finance

Americas

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Baird and BR Partners announce investment banking alliance

Baird, an employee-owned, international financial services firm, and BR Partners, a leading independent investment bank in Brazil, today announced a strategic alliance for investment banking services, with an initial focus on cross-border mergers & acquisitions (M&A) between Brazil and Europe, and Brazil and the U.S. Through the alliance, the...

​Despite positive outlook, new research from State Street reveals asset owners, managers lack readiness for blockchain

New research from State Street Corporation (NYSE:STT) on blockchain, the distributed ledger that maintains a continuously growing list of data records which are hardened against tampering and revision, unveils that while a majority of asset owners and asset managers (57 percent) expect it to be widely adopted in the investment industry in the next...

Asia Pacific

The Thai junta’s 20-year plan omits the most urgent item

WHEN its tanks rolled into Bangkok in 2014—ousting an elected government that had been paralysed by protests—Thailand’s ruling junta promised that democracy would be back in a jiffy. Three years on, there is still no sign of the promised polls. Instead, in mid-March, the generals treated diplomats and foreign journalists to a briefing on...

The governor of Tokyo declares war on her own party

Tokyoites first, LDP second IT IS hard to exaggerate the gall of Yuriko Koike, the governor of Tokyo. She is a member of the Liberal Democratic Party (LDP), which dominates Japanese politics, and briefly served as minister of defence a decade ago. Yet last year she won her current job by running as an independent, against the LDP candidate. Last...

How a Chinese fishing fleet creates facts on the water

ON A past visit to the little fishing port of Tanmen, on the island-province of Hainan in southern China, pigs were being driven onto the foredecks of wooden trawlers, while water butts were being lashed down at the stern. Farther down the quay, similar boats were about to unload their catch after a month at sea: not fish but giant clams, Tridacna...

A Hindu priest takes charge of India’s most populous state

TO SOME he is both hero and saint: a shaven-headed, saffron-robed servant of the Lord Shiva who has been elected five times in a row to India’s national parliament and elevated, at just 44 years of age, to the highest political office in a state of 220m people. To others the choice of Yogi Adityanath as the chief minister of Uttar Pradesh (or...

Why China is wrong to be furious about THAAD

THE Chinese authorities are so angry with South Korea that they have cheered on boycotts of South Korean goods and culture, persecuted South Korean firms operating in China and discouraged Chinese tourists from visiting South Korea. China is South Korea’s biggest market for exports (it spent $137bn on South Korean goods in 2015, nearly twice...

Europe

Speech Peter Praet: How does monetary policy secure price stability over the medium term?

Intervention by Peter Praet, Member of the Executive Board of the ECB, at the 4th European Technical Consumer Goods Retail Summit in Berlin, 30 March 2017 The origin of the global financial crisisIn 2008 the global economy faced a calamity unparalleled since the Second World War. The crisis had been preceded by a mood of over-optimism in several advanced...

Vontobel names financial products Europe chief

Swiss asset manager Vontobel has appointed Stefan Armbruster, currently global co-head for Retail Structured Products at Deutsche Bank, as head of Financial Products Europe in Frankfurt, effective as of 1 July 2017. Armbruster will replace… ...Read More

New rules to the PE game

Sustained top performance means continued evolution and change. Technology became ever more accessible in the 1990s when personal computers began appearing in every home. But if you’re a tech-savvy person today, you’re not using a… ...Read More

RWC Partners expands equity income team

RWC Partners expands its equity team with the hire of James Kellett. Kellett joined the team – led by Ian Lance and Nick Purves – as a research analyst last month. He was previously an… ...Read More

Ashmore’s Dehn: The problem with the US economy is its currency

Jan Dehn, head of research at Ashmore, discusses why Trump’s diagnosis that unfair trade practices are the root cause of the US economy’s ailments is wrong. Instead, he explains why the dollar, which has become… ...Read More

Mena

​World Takaful Conference to highlight how embracing a sustainable competitive strategy is the need of the hour for Takaful Operators

12th edition of conference to focus on the need for Takaful operators to revamp current strategies with the aim of increasing dwindling bottom line and underwriting profit margins.The 12th annual World Takaful Conference (WTC), convened by leading financial intelligence platform, Middle East Global Advisors, and held in strategic partnership with the...

Harmonization of industry regulatory frameworks a key theme at World Takaful Conference 2017

12th edition of conference to spearhead discussions underscoring the need for more collaboration amongst regulators and standard setters to address the prevalent fragmentation of the Takaful industryThe 12th annual World Takaful Conference (WTC), convened by leading financial intelligence platform, Middle East Global Advisors, and held in strategic...

​Dubai International Financial Centre joins world’s most influential global Takaful forum

Leading global financial hub is official Strategic Partner of 12th annual World Takaful Conference: The 12th annual World Takaful Conference (WTC) will be convened by leading financial intelligence platform, Middle East Global Advisors, in strategic partnership with the Dubai International Financial Centre (DIFC). To be held under the theme of...

Indosuez Wealth Management names Middle East chief

Indosuez Wealth Management, the global wealth management division of Crédit Agricole Group, has appointed François Farjallah (pictured) as global head of the Middle East region.Based in Indosuez regional hub in Switzerland, he will drive and coordinate all wealth management activities in the region.Indosuez’s Middle East business is primarily developed...

​ME Global Advisors announces headlining speakers for Restructuring Summit in Dubai

Middle East’s inaugural summit will converge a diverse portfolio of speakers to discuss trends in restructuring, mergers and acquisitions and the new regulations involved in insolvency issues. Ahead of the inaugural Corporate Restructuring Summit (CRS) 2016 being held in Dubai, UAE on the 8th and 9th of November, Middle East Global Advisors -...

International

Beginning ‘Brexit’ and Bracing for Impact

LONDON — The world did not end. No recession unfolded. Nine months after Britain voted to leave the European Union, disregarding warnings of grim economic consequences, a nation famous for calmly carrying on has seemingly gone about its business.As Prime Minister Theresa May on Wednesday officially initiated Britain’s exit from Europe — Brexit,...

China Poised to Take Lead on Climate After Trump’s Move to Undo Policies

For years, the Obama administration prodded, cajoled and beseeched China to make commitments to limit the use of fossil fuels to try to slow the global effects of climate change.President Obama and other American officials saw the pledges from both Beijing and Washington as crucial: China is the largest emitter of greenhouse gases, followed by the United...

Coal Mining Jobs Trump Would Bring Back No Longer Exist

In Decatur, Ill., far from the coal mines of Appalachia, Caterpillar engineers are working on the future of mining: mammoth haul trucks that drive themselves.The trucks have no drivers, not even remote operators. Instead, the 850,000-pound vehicles rely on self-driving technology, the latest in an increasingly autonomous line of trucks and drills that...

In China, ‘Disney’ Deals Turn Out to Be Fantasy

BEIJING — In 2013, Meng Dekai, a Disney executive in China, signed a deal with the mayor of Hefei to build a $1.3 billion “Disney cultural and industrial park.”It was one of several agreements with multiple cities in China that Mr. Meng apparently signed.The only problem: He was not allowed to do so.The Walt Disney Company said on Wednesday that...

This Global Health Care Platform Offers Free Access To Top Physicians

Ask The Doctor Co-Founder and CEO Prakash Chand discusses the vision behind his company, solving the health care crisis, and his plans for making medical advice available to 7 billion people around the world.Read More