The CFA: A qualification defined by ethics May 28, 2012 FOR investment professionals with an eye to further their careers, the Chartered Financial Analyst (CFA) qualification provides a broad-based foundation. Described by the CFA Institute as “a globally recognised, graduate-level investment credential,” the course takes place on three levels, built around the idea that all should be educated in a rigorous corpus of shared knowledge. [...]
Renminbi marketing blitz planned May 22, 2012 The UK, China and banks with big operations in both countries are planning a marketing blitz to encourage firms to take advantage of new freedom to settle trades in renminbi, Beijing’s currency. At a meeting of the London Forum, which includes government representatives and envoys from HSBC, Barclays and Standard Chartered among others, discussion focused on [...]
StanChart: UK encouraging shift of money to Asia by goldplating May 20, 2012 THE HEAD of Standard Chartered’s European bank has warned that the UK is accelerating the shift of economic power from west to east by goldplating bank regulations. Richard Holmes, head of StanChart’s European business, told City A.M. that Britain’s approach could cause a “creep” of investment away from London. “What’s going on here is forcing [...]
Evidence of revolt at every single level May 20, 2012 THE shareholder spring has sprung. Since proxy season started, we’ve become accustomed to the sight of investors giving directors a bloody nose. I’ve decided to crunch the numbers to see just how rebellious the buy side has become. A win is a win. Just three firms have been voted down at their annual meetings in [...]
Evidence of revolt at every single level May 20, 2012 THE shareholder spring has sprung. Since proxy season started, we’ve become accustomed to the sight of investors giving directors a bloody nose. I’ve decided to crunch the numbers to see just how rebellious the buy side has become. A win is a win. Just three firms have been voted down at their annual meetings in [...]
Cameron: Euro is on the brink May 16, 2012 DAVID Cameron will today warn that “Greece is on the brink” and “the survival of the euro is in question,” thanks to “a crisis that never really went away.” “The Eurozone is at a cross-roads,” he will say in a major speech on the economy. “It either has to make-up or it is looking at [...]
Cameron: Euro is on the brink May 16, 2012 DAVID Cameron will today warn that “Greece is on the brink” and “the survival of the euro is in question,” thanks to “a crisis that never really went away.” “The Eurozone is at a cross-roads,” he will say in a major speech on the economy. “It either has to make-up or it is looking at [...]
Dig for victory with StanChart May 16, 2012 While the government flounders around in search of any “green shoots” of a recovery, some in the City were getting down to business in a more practical manner. Standard Chartered’s head of Europe, the Middle East and Africa Richard Holmes yesterday led a gaggle of bankers over to Roehampton for a volunteering day, one of [...]
StanChart faces uphill challenge May 15, 2012 BANKS have been facing a pretty hilly time of late, with arguably more downs than ups. But Standard Chartered has added a few more mountains to its obstacle course. The British bank has joined forces with Bermondsey’s Salmon Youth Centre to take on the Three Peaks Challenge, a bumper hike which involves climbing the highest [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 14, 2012 FINANCIAL TIMES GM unveils Europe restructuring plan The head of General Motors’ Europe arm told anxious German workers on Monday that he would have to restructure production of a key model in order to help return the European operation to profitability. Paul Smith plans fresh move into China British fashion brand Paul Smith plans to [...]