Difficulties on the horizon
Jun 18, 2010
Jeremy Parkinson
News
Under the current economic environment many countries are confronted with the need for rigorous budget measures to meet deficit-cutting targets. The enormous government debts, resulting from the accumulated government deficits over several years, or in some cases even decades, is causing severe problems. The common denominator in the budget measures that are currently being introduced […]
Rebuilding Wall Street
Jun 18, 2010
Jeremy Parkinson
News
Easily the most significant of a mountain of laws now being drawn up in the backrooms of Congress and the Senate with the vigorous intervention of the White House is one that decrees no bank will be so big that it will not be allowed to fail. In short, no more bail-outs. The so-called “resolution […]
Multinationals target developing countries
Jun 18, 2010
Jeremy Parkinson
News
The economic crisis slashed global FDI flows by around 40 percent in 2009, affecting, albeit to a varying extent, all countries, all sectors, and all forms of investment. Mergers and acquisitions in high-income countries were the quickest to contract soon after the sub-prime mortgage crisis in 2007. Gradually the contagion spread and affected new, greenfield […]
Is the euro here to stay?
Jun 18, 2010
Jeremy Parkinson
News
Even before the recent well publicised economic difficulties experienced by some members of the eurozone – in fact, since it was first launched as a currency – questions had been raised about the long term viability of the euro. In 2005 the US economist Milton Friedman warned: “The euro is going to be a big […]
Islamic finance stakes position
Jun 18, 2010
Jeremy Parkinson
News
No Islamic bank needed to be bailed out during the credit crisis and no tax-payer cash was needed to prop up feckless and reckless lending. Many banks, like the Jordan Islamic Bank (JIB) actually increased deposits and upped market share. In fact, H.E. Mr Mohammed Abu Hamour, the Minister of Finance, turned to JIB itself […]
Liquidity mitigates volatile market
Jun 18, 2010
Jeremy Parkinson
News
As the fifth largest financial institution in Paraguay measured by loans and deposits, Sudameris Bank, provides a full range of commercial and retail banking and insurance products and services. The last 18 months was one of the most challenging times in recent years for Paraguay. A rebalancing of domestic financial market liquidity and the sharp […]
Singapore broker expands trading network
Jun 18, 2010
Jeremy Parkinson
News
OCBC Securities is one of the leading stock and futures broking firms in Singapore providing full brokerage services for equities and derivatives trading. Having been in the business for more than 20 years, it employs state-of-the-art technology to deliver speedy multi-market electronic execution of trades for investors. As early as 2005, OCBC Securities offers a […]
Investors look to Saudi
Jun 18, 2010
Jeremy Parkinson
News
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 […]
Expertise, diversified
Jun 18, 2010
Jeremy Parkinson
News
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 […]
Rewards in bull and bear
Jun 18, 2010
Jeremy Parkinson
News
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 […]