Financial services firms are facing a new challenge – dark data management, according to Harald Collet, Global Head of Bloomberg Vault, Bloomberg’s cloud-based data management offering. He claims that the financial services industry is turning a corner from simply trying to tackle data management, to trying to derive more value from the data firms collect […]
The Organisation for Economic Co-operation and Development (OECD) Working Group on Bribery has said it doubts Argentina’s commitment to fighting foreign bribery after completing a report on the country’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. Argentina still has no law to punish companies […]
The Financial Conduct Authority (FCA) has announced it will regulate seven additional major UK-based financial benchmarks in the fixed income, commodity and currency markets from 1 April 2015. This extends the FCA’s initial regulation of LIBOR (the London Interbank Offered Rate), as introduced by HM Treasury in 2013. Martin Wheatley, Chief Executive of the FCA, […]
The UK economy edged closer to deflation as annual growth of the consumer price index (CPI) fell from 1% in November to just 0.5% in December, according to data released by the Office for National Statistics yesterday. This is the joint lowest rate of CPI inflation on record, equal with 0.5% seen in May 2000. […]
Nearly half of CFOs expect the US economy to improve during the next six months and only 9% expect it to worsen, according to the Grant Thornton LLP 2014 Fall CFO Survey. The biannual survey reflects the insights of more than 1,000 CFOs and other senior financial executives across the US. The survey’s findings indicate […]
New research from the Grant Thornton International Business Report (IBR) has found that the UK ended 2014 as one of the world's most optimistic economies. Although UK business optimism declined on a quarterly basis (from 82% in Q3 2014 to 68% in Q4 2014), the UK still ranked amongst the top five international economies in […]
Scottish law firm Gilson Gray LLP has recently completed its first Employee Ownership Trust (EOT) arrangement – believed to be the first of its kind in Scotland. EOT was introduced by the Finance Act in April 2014 as an innovative way of encouraging businesses to become employee owned through enhanced tax benefits. Gilson Gray advised […]
As at December, 2014 had seen 288 IPOs on US exchanges, amounting to $95.2 billion (€80.8 billion), a 54% increase in capital over 2013, according to the latest EY Global IPO Trends: 2014 Q4 report. While 2013 saw a revival of IPOs in the US, 2014 was even more exceptional, according to EY. As of […]
BP's business activities in the US helped generate close to $143 billion (€121 billion) in economic impact in 2013 and currently support nearly 220,000 American jobs, according to the company's recent US Economic Impact Report 2014. Released early January, BP's new report provides a detailed, state-by-state look at the breadth and impact of the company's […]
Private equity-backed initial public offerings remained a popular exit route in 2014, according to data published by the Centre for Management Buy-out Research (CMBOR), sponsored by EY and Equistone Partners Europe Limited. New deal activity by volume was higher than 2013, while value rose for the second successive year. While 2014 did not see any […]
Oil traders and tanker-owners are set to cash-in on falling oil prices as tumbling prices have caused the market to move into a steep ‘contango’, meaning that investors are willing to pay a premium to receive oil at a later date, according to KPMG. The depressed demand picture coupled with the abundant global oil supply […]
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every month.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent