Finance

Americas

Pendo Systems name Ruth Wandhöfer, a globally recognized banking expert, to their Board of Directors

Pendo Systems is proud to announce that Ruth Wandhöfer, Global Head of Regulatory and Market Strategy at Citi, has joined their board. Ms. Wandhöfer is a banking regulatory expert and one of the foremost authorities on transaction banking regulatory matters. Her reputation has been built around her ability to drive regulatory and industry dialogue...

Implications of the money laundering law reform

The amendment to the money laundering law approved in the first debate requires accountants, lawyers and real estate agents to report suspicious transactions made by their clients.Bill 19.951 reforming the Law on Narcotic Drugs, Psychotropic Substances, Drugs of Unauthorized Use, Related Activities, Legalization of Capital and Financing of Terrorism...

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

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...

Mena

Israel’s leader Binyamin Netanyahu fights for political survival

Friends and benefits NORMALLY composed, Binyamin Netanyahu looked rattled. Addressing the nation on February 13th, he began by recounting his 50 years of service, from the days in which he led commandos in battle as a young special-forces officer, through his service as Israel’s swashbuckling ambassador to the UN and his term as a reform-minded...

Egypt goes on the offensive in Sinai

THE Egyptian army announced the offensive with a gauzy video, clips of saluting soldiers and gleaming fighter jets set to martial music. It appears to be the largest operation in North Sinai in years. Hospitals were told to stockpile medicines and cancel annual leave for doctors. Schools are closed indefinitely. Nearly a week later, though, no...

Why Cape Town is running out of water

AT THE edge of Khayelitsha, a township in Cape Town, Ntombi Mlityalwa is filling a huge old paint tin from a standpipe, with which she intends to do laundry. As water gushes, she says that it is not always so easy. The tap she is using serves an entire street of shacks. Recently, the pressure has fallen, and sometimes the flow runs dry in the morning....

Israel’s Prime Minister Binyamin Netanyahu fights for political survival

Friends and benefits NORMALLY composed, Binyamin Netanyahu looked rattled. Addressing the nation on February 13th, he began by recounting his 50 years of service, from the days in which he led commandos in battle as a young special-forces officer, through his service as Israel’s swashbuckling ambassador to the UN and his term as a reform-minded...

Israel and Iran square off in Syria

IT LASTED only six hours, but the battle in the sky above Syria and Israel in the early hours of February 10th came close to turning a bloody civil war into a regional one. The danger of Syria’s almost seven-year-old conflict escalating has been mounting in recent months, not least because of the number of foreign forces sucked into it. Russia...

International

Bitcoin Thieves Threaten Real Violence for Virtual Currencies

AdvertisementSAN FRANCISCO — The currency they were after was virtual, but the guns they carried were anything but.In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of...

President or Luxury Towers: Either Way, Trump Is the Rage in India

AdvertisementGURGAON, India — When the Trump family jet lands in India this week, the family member taking a tour of the world’s largest democracy — with a Secret Service detail in tow — won’t be the president on a diplomatic mission. It will be his eldest son, Donald Trump Jr., on a sales trip.But Indians might be forgiven for not making...

To Stir Discord in 2016, Russians Turned Most Often to Facebook

AdvertisementSAN FRANCISCO — In 2014, Russians working for a shadowy firm called the Internet Research Agency started gathering American followers in online groups focused on issues like religion and immigration. Around mid-2015, the Russians began buying digital ads to spread their messages. A year later, they tapped their followers to help organize...

The WeWork Manifesto: First, Office Space. Next, the World.

On a cold February morning at the Brooklyn Navy Yard, the skeleton of a modern 15-story building was rising from a muddy construction site along the East River. As long and as tall as a cruise ship, the sleek glass structure loomed above rusty, century-old dry docks, serving notice to the industrial neighborhood that the new economy was coming.The project,...

Christopher Bailey Takes a Final Walk Down the Burberry Runway

LONDON — In a mahogany-paneled corner of the palatial Burberry flagship store on Regent Street, Christopher Bailey, the outgoing president and chief creative officer of Britain’s largest luxury brand, sat smiling at a corner table, shrouded in shadows.It was early February, 10 days before the unveiling of Mr. Bailey’s final collection for Burberry...