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Finance MonthlyArchives

The Debt Truth: Unexpected Expenses Could Spell Big Trouble for Millennial Homeowners

1st June 2017
Mortgage debt increased by 11%1 to $201,000 last year and more than half (52%) of Canadian mortgage holders lack the financial flexibility to quickly adjust to unexpected costs, per a new Manulife Bank of Canada survey. This despite 78% of Canadians having made debt freedom a top priority. The problem is most acute among Millennials, […]
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What do the Party Manifestos Mean for SMEs?

1st June 2017
As the UK General Election approaches, all the major political parties have made their traditional bid for votes via the publication of their manifestos. Given the enormous contribution that SMEs make to the UK economy, it’s no surprise that parties of all colours have announced polices that aim to court the good opinion of SMEs. […]
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Nearly Half of SMEs Stifled by Reluctance to Borrow

31st May 2017
Almost half (48%) of SMEs felt that British businesses are missing out on opportunities because of a reluctance to borrow, and 45% believe that the economy is being stifled because they won’t borrow. Yet, almost a third (27%) of those SMEs are holding back the growth of their own business, due to a ‘fear of […]
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Finance Monthly May Edition Now Available

31st May 2017
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GMB Disappointed with Uber’s Series of Changes and Initiatives

31st May 2017
Uber have missed a golden opportunity to start complying with the law says GMB. GMB, the union for professional drivers, are disappointed with a series of changes and initiatives introduced for Uber drivers that was announced last week. The initiatives include financial advice, English lessons and updated community guidelines to inform drivers what is expected […]
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Kroger and Murray's Cheese Announce Merger

31st May 2017
The Kroger Co. (NYSE: KR) has announced it has purchased the equity of Murray's Cheese, as well as its flagship location on Bleecker Street in New York City, to form a merger of the two companies. "For cheese lovers and connoisseurs, it doesn't get more authentic than Murray's," said Rodney McMullen, Kroger's chairman and CEO. […]
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Implementation of DOL Fiduciary Rule Delayed

31st May 2017
The Alternative & Direct Investment Securities Association (ADISA), the nation's largest trade association representing the non-traded alternative investment space, issued the following comments regarding the Trump administration's directive to delay implementation of the Department of Labor's fiduciary rule. ADISA President John Grady, said, "ADISA recognizes President Donald Trump and his administration for its decision to delay […]
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CFO Insight: Dr Stephan Hardt from T-Systems

31st May 2017
Finance Monthly’s May CFO Insight section looks at the work of Dr Stephan Hardt – the Financial Director of one of Deutsche Telekom's subsidiaries and one of the largest IT service companies in Europe – T-Systems. Here Stephan, who’s been the company’s director of finance since 2012, talks about the finance function at the company, […]
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Óscar Hernández on Financial Fraud Investigations

31st May 2017
  Óscar Hernández has spent the last 11 years working in the Forensic department of Deloitte. His current position is Director, with a primary focus on financial fraud investigations and the preparation of expert witness reports, as well as the defence of the expert report in the Court (during the judgement).Here, Óscar talks to Finance […]
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Eat Sleep Work Retreat

31st May 2017
By Katina Hristova   May saw the launch of  Eat Sleep Work Retreat  - a brand new alternative corporate retreat company, residing in the breathtakingly beautiful Lake District National Park in northwest England. A paradise for nature lovers, with its countless outdoor opportunities and a classic countryside backdrop providing the ultimate feeling of escape, the Lake […]
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KPMG Germany: Listen to our War Stories – the Scholz Case and How we Work

31st May 2017
Thomas Dorbert has worked for a number of European banks (Dresdner Kleinwort Germany, BNP Paribas France, Mediobanca Italy) mainly in Structured & Leveraged Finance, and had developed a broad network within the whole financing community. His experience spans over 25 years of working within numerous sectors – from capital markets, through to deep restructuring, from […]
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Retail & Energy Sectors Lead 2017 Restructurings

31st May 2017
Restructuring attorneys and advisers predict that the energy and retail sectors will be the most active for out-of-court restructurings this year, according to The Deal, a business unit of TheStreet, Inc. Early in the first quarter of 2017, many restructuring attorneys and advisers were certain that the healthcare industry was heading for a wave of out-of-court restructurings […]
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