international
Sterling: why we should stick with the pound
Peter Hargreaves, chief executive of financial services company Hargreaves Lansdown, considers recent suggestions that now would be a good time for Britain to abandon the pound and join the euro.
IASB proposes more changes to financial instruments disclosure
Martin O'Donovan, ACT's assistant director of policy and technical issues, examines the International Accounting Standards Board's (IASB) draft of proposed amendments to IFRS 7 disclosure on financial instruments.
Outlook 2009: Emerging market opportunities and realities
Jerome Booth, head of research at Ashmore Investment Management, says he believes there are opportunities for recovery in emerging markets although equities be slower than other opportunities.
ACT MarketWatch: Update on rules and reporting
Martin O'Donovan, ACT's assistant director of policy and technical issues, takes a look at some of the recent changes and developments in the regulatory environment. He looks at Financial Reporting Review Panel priorities for the coming year, ideas on counterparties for CDS and new rules on CFD reporting and changes to HMRC rules.
Credit market freeze continues to hit US companies
Greenwich Associates, says U.S. companies expect a deep and long economic downturn. Its research shows that even the biggest and strongest U.S. companies are reporting difficulty accessing essential credit.
British government warned its cross border tax rules may be illegal
The British government has been told that its rules on companies' cross border tax relief should be dropped.
Companies hit by credit freeze
Surveys are showing that both small and large companies on both sides of the Atlantic are faced with increased difficulty in accessing credit and corporate finance departments are struggling to find options.
Hong Kong equities: Peace Mark's warning signals
What went wrong at watch shop Peace Mark, former associate of Egana? David Webb Hong Kong's premier corporate activist shows you the warning signals which analysts missed.
State Street Weekly Research: Home comforts
It's Safety First under State Street's analysis and money is being repatriated to the safe and familiar terrain of fund managers' home markets. In this respect flows and prices are in agreement. The US and UK markets have posted a positive return since the start of July, while emerging markets have slumped by 14% because the US has slashed rates and markets have priced in 100 basis points of easing by the Bank of England in the next 12 months. Jeremy Armitage examines the indicators.
State Street Weekly Research: Home comforts
It's Safety First under State Street's analysis and money is being repatriated to the safe and familiar terrain of fund managers' home markets. In this respect flows and prices are in agreement. The US and UK markets have posted a positive return since the start of July, while emerging markets have slumped by 14% because the US has slashed rates and markets have priced in 100 basis points of easing by the Bank of England in the next 12 months. Jeremy Armitage examines the indicators.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more