Falcom Financial Services, a Shariah complaint Saudi investment bank, took the lead in providing clients within the Kingdom a flavour of the first ETF, the Falcom F30 thus opening the gateway to international investors who were not very happy with the SWAP route provided earlier. ETFs (exchange traded funds) are new to the region with…
The Alterego Group’s worldwide client base includes governmental regulatory bodies, major overseas law firms, leading banks, financial institutions, fund managers and multinational corporations; in addition to a significant local and international private client base. The group has an international focus, are in a good position to service private and corporate clients globally, and have particular…
The financial market is a living, breathing giant, which evolves, grows and at times, much like we’ve seen over the last few years recedes, leaving both destruction and opportunities in its path. For Forex traders though, even volatile times can prove to be payday. This is why it is favoured by many traders in their…
The company started its operations in 1997. In 2004 it obtained a Polish Financial Supervision Authority (PFSA) license becoming Poland’s first regulated FX brokerage. Its business activity follows the regulations set forth by the PFSA assuring one of the highest standards of service in Europe. TMS Brokers’ professionalism and compliance with EU standards reassures the…
Nowadays private investment, having a widespread effect, tends to become more large-scale than ever. Driving this trend is that investing in some kind of business is the sole way of funds keeping and augmentation. One instrument may not be equivalent to another, as each of them has its own risk level and expected gains volume….
Britain’s central bank proposed these changes in March 2010 and aims to begin a phased introduction of the new criteria in 2011. There will be no grandfathering. “The feedback is supportive in principle,” said Sarah Breeden, head of special projects, markets at the Bank. “There were some particular issues including concerns about consistency with other…
Merkel made her pitch ahead of a meeting of EU leaders to discuss tightening controls on spending by the bloc’s 27 countries and how charges against the banking industry should be structured. “We will prepare for the G20 and G8 meeting so that we can go with as united a European position as possible that…
Fairfield has not yet decided on the proportion of its shares to be sold, but a banking source familiar with the matter told reporters the stake floated was likely to be more than 25 percent but less than half of the firm. The initial public offering could value the company at more than $1bn, the…
Fears that growth could be slowing were heightened by a report showing factory activity in the country’s Mid-Atlantic region braked to its slowest pace in 10 months in June. The employment gauge fell to its lowest level since November. “I don’t know if this is temporary, related to everything that has been going on in…
Kan, who has made fiscal reform a top priority since taking office, also said he would map out the size of a future sales tax hike by the end of the fiscal year to March 31, 2011. The premier declined comment on when a tax rise might be implemented, but Democratic Party policy chief Koichiro…
