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...
Voters are not impressed with Japan’s new opposition party
THE candidate of the Constitutional Democratic Party (CDP), Akira Nagatsuma, spoke from the top of a gaisensha, a van adorned with banners and loudspeakers of the sort favoured by campaigning Japanese politicians. Later on, down the road, the hopeful from the Liberal Democratic Party (LDP), Fumiaki Matsumoto, also addressed passers-by from atop...
The half-million Rohingya refugees in Bangladesh will not leave soon
THE Kutupalong refugee camp in Bangladesh does not seem temporary. It consists of thousands of tents made of plastic and bamboo spread across undulating terrain. Groups of male refugees carry long poles on their shoulders to erect even more. Fish, vegetables and fruit are for sale in a market. Half-naked children squat outside stalls selling sweets...
Witches are still hunted in India—and blinded and beaten and killed
Not much to show for her guile AT LEAST Ramkanya Sen is alive. The grandmother spent three weeks locked in a windowless storeroom in the searing heat, refusing to eat, until a tip-off alerted a journalist to her predicament. The rescue came just in time, say doctors who revived Ms Sen (pictured) at a government hospital in Bhilwara, a small city...
The Philippine army recaptures a city seized by Muslim insurgents
Recaptured but ruined THE city of Marawi, President Rodrigo Duterte declared on October 17th, has been liberated from the jihadists who had seized control of it. Mr Duterte was speaking in Marawi a day after Philippine forces had killed Isnilon Hapilon, a leader of Abu Sayyaf, a local militant group, who had declared allegiance to Islamic State...
Kyrgyzstan holds an election that was not a foregone conclusion
Jeyenbekov at his most expressive AS THE young man hesitated, golden autumn leaves drifted down onto the streets of Bishkek, the relaxed capital of Kyrgyzstan. “It’s a choice between old and new. I can’t decide,” he explained, as he hovered outside the polling station. The choice was as unusual as it was difficult. Kyrgyzstan—a mountainous...
Bethmann Bank snaps up Hauck & Aufhäuser CIO
Bethman Bank has appointed former CIO at Hauck & Aufhäuser, Reinhard Pfingsten to head its investment office as of 1 April 2018. In his new role, Pfingsten will be responsible for the Bethman Bank’s investment… ...Read More
Henrik Stille to join Madrid Forum 2017
Nordea Asset Management portfolio manager Henrik Stille will take part to the upcoming Madrid Forum 2017 to be held on 16 November at The Westin Palace Madrid. Stille (pictured), who has been working within the… ...Read More
Sanso IS to merge away flexible global diversified funds
French boutique Sanso Investment Solutions will merge its Sanso Flexible International fund into its Altiflex fund on 8 November 2017. Both are flexible global diversified strategies and share the same investment goal, outperforming a composite… ...Read More
EFGAM to discuss Swiss Equities at Zurich PFF
Urs Beck, head of Swiss Equities at New Capital- EFG Asset Management will discuss active investment in Swiss equities at the InvestmentEurope Pension Fund Forum held at the Park Hyatt in Zurich on 14th of… ...Read More
Hermes IM granted $400m global high yield mandate by Swedish AP1
London-headquartered Hermes Investment Management has been awarded a $400m (€338.8m) global high yield credit investment mandate by a buffer of the Swedish national income pension scheme Första AP-Fonden (AP1). The mandate seeks to improve the… ...Read More
The boycott of Qatar is hurting its enforcers
Doh! The embargo isn’t working THE largest insurer in the Gulf should have taken out a policy on itself. Last year Qatar Insurance collected about 110m rials ($30m) in premiums from its Abu Dhabi office. But in September it announced that, because of a diplomatic dispute, the United Arab Emirates (UAE)would not renew its...
John Magufuli is bulldozing the opposition and wrecking the economy
CRITICALLY ill in a hospital in Nairobi, Tundu Lissu, the chief whip of Tanzania’s main opposition party, Chadema, is a lesson to those who would criticise the Tanzanian president, John Magufuli (pictured). On September 7th Mr Lissu was gunned down in broad daylight near his house in the sleepy administrative capital, Dodoma, after returning...
The loneliest plant on earth
WOOD’S CYCAD is a striking plant, tall with a shaggy green crown and bright orange cones. But despite its good looks, it will never find a mate. “The loneliest plant in the world, right here,” a guide tells a golf cart full of visitors touring the Durban Botanic Gardens. Found in a Zululand forest in 1895, it is the only cycad of its kind,...
After all but defeating the jihadists, Iraq’s army turns on the Kurds
WHEN a leader loses half his realm and his government’s main source of revenue and shatters his people’s dreams of independence, all in a couple of days, an apology might seem in order. But Masoud Barzani, the president of Iraq’s Kurdistan region, is not offering one. In the face of a lightning Iraqi advance, Kurdish forces retreated this...
Syria’s Kurds led the advance on Raqqa, but now may fracture
The wreckage of Raqqa THE bodies of the dead would hang for days from the railings in the main square of Raqqa. It was a macabre reminder to residents that Islamic State (IS) had declared the capital of its so-called caliphate in the Syrian city. Signs around the victims’ necks revealed their crimes. Dozens were executed for spying; others for...
Il ritorno dell'Italia
Ecco perché questa volta è vera crescitaRead More
Bitcoin Is Now Worth More Than $100 Billion
What will Bitcoin do now that it is worth more than $100 billion?Read More
After Harvey Weinstein’s Fall, Spotlight Finds His Brother
All his life, Bob Weinstein toiled in the shadow of his larger-than-life older sibling, Harvey Weinstein.Coming across more like an introverted accountant than a Hollywood movie mogul, Bob Weinstein has publicly insisted over the years that he never wanted the attention, and did not mind being the lesser-known brother even though he was a co-founder...
Bitcoin Climbs To Fresh All-Time Highs Above $6,000
Bitcoin reached a fresh record above $6,000 today. Where will it go from here?Read More
Sustained Tough Macro Conditions Force Textron To Lower Guidance
As expected, Textron reported mixed earnings for Q3 2017. While earnings came in higher than expected, revenues fell short of estimates marginally. That said, revenues came in 7% higher than the year ago figure on better performances at the Bell, Industrial, and Textron Systems segments.Read More