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Nick England, CEO of VFX Financial Plc
VFX Financial PLC (VFX) is a UK based provider delivering Foreign Exchange and regulated payment and remittance services to a wide range of customers. The mix of clients is broadly split into Corporate and HNW and Private Clients. Corporate…
Business Insight: Mark Evans, CFO of O2
In the second edition of our special CFO insight interviews in 2016, Finance Monthly spoke to Mark Evans, Chief Financial Officer of Telefonica UK. Telefonica UK owns the O2 brand, as well as giffgaff and a share of the Tesco Mobile joint…
Alphabet overtaking Apple as the most valuable public company in the world
Alphabet, the holding company for Google, has passed Apple as the most valuable company in the world for the first time since February 2010. With an increase of approximately 8% after the company reported its fourth-quarter earnings,…
ECB’s Draghi: Refugee Crisis Is Challenge and Opportunity that Will Change Europe
Spending by governments in response to the influx of refugees to Europe could prove to be a stimulus for the economy, European Central Bank (ECB) President Mario Draghi told participants at the World Economic Forum Annual Meeting 2016.…
Cash savers lose £160 billion after 7 years of low interest rates
Base rate will have been held at 0.5% for seven whole years, if the Bank of England decides to keep interest rates on hold for February at its next policy meeting tomorrow.
Since the financial crisis, cash savers have seen returns on their…
$100 Trillion by 2025: the Digital Dividend for Society and Business
The “combined value” to society and industry of the digitization that is already occurring in every industry could generate upwards of $100 trillion over the next 10 years, with society set to gain more than business. However, this…
Barclays and Credit Suisse fined a total of $154 million for dark pool trading operations
Attorney General Eric T. Schneiderman today announced that Barclays Capital Inc. and Credit Suisse Securities (USA) LLC will pay a combined $154.3 million to the State of New York and the SEC to settle investigations into false statements…
Mexico Bent on Structural Reforms Despite Oil Price Fall
“Low oil prices will not prevent, will not limit, will not stop energy reform,” Mexican President Enrique Peña Nieto told participants at the World Economic Forum Annual Meeting in Davos. The oil and gas sector, previously dominated by…