Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 275

Posts Tagged ‘finance’

Finance of America Reverse Adds HomeSafe® Select Offering in Florida

Posted by fidest press agency su giovedì, 18 luglio 2019

Finance of America Reverse LLC (“FAR”), one of the largest reverse mortgage originators in the US and a leading provider of retirement loan products, today announced the launch of its HomeSafe® Select offering in Florida, the only proprietary reverse mortgage product in the US offering a line of credit. This latest launch rounds out availability of FAR’s full proprietary suite of products in Florida, joining the fixed-rate HomeSafe® Standard and breakthrough HomeSafe® Second. Florida ranks among the top five states utilizing the innovative HomeSafe® solution, and the demand for HomeSafe® Select has been building in anticipation of this launch.HomeSafe® Select is a proprietary HELOC reverse mortgage loan offered exclusively by FAR and its approved partners. It is a non-FHA adjustable rate reverse mortgage that offers up to 75% of loan proceeds as an open-ended line of credit. Like all reverse mortgages, HomeSafe® Select is a non-recourse loan.“As people evaluate how home equity fits into their retirement plans, they are increasingly choosing to only draw the funds they need initially and access the remainder through a line of credit. Doing so allows homeowners to protect their equity longer so that they have more options well into the future as their needs change. We are proud to remain at the forefront of the industry as the only provider of this type of proprietary financial tool, which represents a tremendous opportunity for suitable borrowers,” said Kristen Sieffert, president of FAR.The HomeSafe® Select is the only proprietary reverse mortgage product in the US that offers a line of credit allowing the borrower the option to tap into and leverage part of their home equity while at the same time creating the flexibility to access additional funds as needed.

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Fifth Third and CommonBond Help Enable Students and Families to Finance College

Posted by fidest press agency su domenica, 23 giugno 2019

It’s that time of year when college students and their families are looking at ways to help pay for school, and Fifth Third Bank has a solution. Through CommonBond, a leading financial technology company, Fifth Third Bank is offering its customers a new way to finance their education and save money on college loans.Fifth Third has worked with CommonBond during the past year to offer its customers refinancing options for student loans. As the cost of college continues to grow, Fifth Third customers can fund higher education through CommonBond’s competitive rates, simple application, and award-winning customer care. While Fifth Third itself doesn’t finance college loans, it now will send customers to CommonBond to help finance college.“Private student loans can play an important role in enabling access to higher education,” said Tom Bohache, head of education finance for Fifth Third Bancorp. “Fifth Third is proud to offer our customers an industry-leading product and experience with CommonBond.”CommonBond finances and refinances student loans, and works with businesses to help their employees pay off student loans.

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Lutech acquisisce Finance Evolution

Posted by fidest press agency su mercoledì, 3 aprile 2019

COLOGNO M.SE, (Milano) Il Gruppo Lutech ha annunciato l’acquisizione del 100% del capitale sociale di Finance Evolution, storica società torinese. Con una distintiva focalizzazione nel settore Finance (Banking, Financial Market e Insurance) l’azienda affianca, con servizi di Business Process Consulting, oltre 30 clienti tra cui banche italiane ed estere (presenti sul mercato domestico e internazionale) e altri operatori finanziari come SGR, SIM, finanziarie vigilate.“Finance Evolution opera con autorevolezza in ambiti di grande rilevanza quali la consulenza normativa e di processo, oltre a quello nodale delle segnalazioni di vigilanza, – dichiara Tullio Pirovano, CEO del Gruppo Lutech. Quest’acquisizione porta nel Gruppo competenze e profili eccellenti che completano la nostra value proposition nel settore finanziario: dalle competenze business e implementazione di soluzioni verticali, fino a servizi di business process outsourcing”.
“Negli anni abbiamo conquistato un posizionamento riconosciuto nel settore, nel mondo del Banking e del Capital Market con esperienze legate al mondo titoli e derivati, Private Banking nonché Security Services. Con Lutech abbiamo una grande complementarietà tecnologica e diamo ulteriore forza alla nostra proposta consulenziale sia nella revisione e gestione dei processi di business, sia nelle tematiche di compliance bancaria e finanziaria.” – evidenzia Giovanni Radis, Amministratore Delegato di Finance Evolution.
Finance Evolution si avvale dell’esperienza di 110 professionisti e ha in portafoglio soluzioni proprietarie come eXtended Banking System, il sistema informativo bancario realizzato su piattaforme Open, SWAN, prodotto specifico per il Private Banking e i servizi di Advisoring, XBS-PS, nel mondo dei sistemi di pagamento e la soluzione per la gestione integrata delle attività di Tesoreria e monitoraggio in tempo reale del rischio e del rendimento dei portafogli finanziari per controparti istituzionali.
Il Gruppo Lutech, leader in Italia e player europeo nei servizi e soluzioni ICT, supporta la digital evolution delle aziende Clienti grazie alle competenze complete di oltre 2.500 professionisti e all’approccio “end-to-end”, abilitandole a lavorare più facilmente, raggiungere i loro obiettivi e far evolvere il loro business. Per ulteriori informazioni, visitare il sito web lutech.group/

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Behavox to Participate in AWS “Digital Finance in the Cloud” Event

Posted by fidest press agency su giovedì, 27 settembre 2018

London. Behavox, a pioneering artificial intelligence data analytics firm, will participate as a panelist in Amazon Web Service’s (AWS) FS: Insight event “Digital Finance in the Cloud” in London on 1 October 2018 at the Riverside Building, Belvedere Rd, Lambeth https://aws-fs-insight.splashthat.com/.Appearing on behalf of Behavox will be Kiryl Trembovolski, the firm’s Chief Operating Officer.This unique industry event is designed for both fintech startups and financial services enterprises, bringing together founders, directors and technical staff and will focus on topics that drive innovation and growth.Trembovolski’s panel is scheduled for 3:10 pm in the Fintech Track, which features best practice tips from the UK’s hottest fintech startups and scale-ups on how to successfully launch and operate a business in a heavily regulated industry. Other confirmed speakers at the event include multiple executives and specialists from AWS.Trembovolski said, “It is an honor for Behavox to be included in such an exciting and prestigious event. We very much value the partnerships we have with AWS and our clients greatly benefit from the best practices we collaborate with AWS on.” Behavox has been designated for the AWS Financial Services Competency for the risk management category, with solutions that are helping financial institutions identify, model, and assess risk, ensure monitoring and compliance with the industry regulations, or help in surveillance or fraud monitoring. The firm has also has completed the necessary training requirements to qualify as a partner in Amazon Web Service’s (AWS) Well-Architected Framework.

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Catella consiglia Coop in mega operazione in Aarhus

Posted by fidest press agency su mercoledì, 20 giugno 2018

Catella Corporate Finance ha agito come consulente finanziario per Coop nella vendita di un attraente 131,300 mq portafoglio immobiliare in Aarhus a Dades A / S. Coop, una delle maggiori aziende di vendita al dettaglio della Danimarca, ha venduto un mq 131,300 d’affari, di campus- e di portafoglio al dettaglio in Aarhus sud ad uno dei più grandi a capitale privato società immobiliari della Danimarca Dades A / S. Dades A / S è di proprietà di Novo Holdings, Tryghedsgruppen e Aase e il Fondo di Ejnar Danielsen. Per più di un secolo, Coop ha proprietà e gestito imprese in ed intorno Aarhus sud; e dal 1996, sono riusciti a sviluppare con successo e convertire le proprietà utilizzate in precedenza per i propri scopi. Gli investimenti significativi che Coop ha fatto, hanno trasformato il quartiere in un moderno business, campus e vendita al dettaglio di destinazione e sono stati fondamentali nel trasformare Aarhus sud nel quartiere vivace, attiva e moderna che è oggi. Catella Corporate Finance ha condotto un processo di offerta strutturato, che si è dimostrata vincente e ha generato una notevole quantità di interesse da parte degli investitori sia danesi e internazionali. “La trasformazione di successo della zona che Coop ha pazientemente officiata ha chiaramente svolto un ruolo fondamentale nel portare questo caso solido investimento per la vita”, dice Jesper Bo Hansen, Responsabile Corporate Finance presso Catella. Anche lui, fa notare che Catella ha piena fiducia che Dades gestirà e continuamente sviluppare l’area di grande beneficio per gli inquilini, i rivenditori ei milioni di visitatori che frequentano il quartiere ogni anno. Storicamente, la transazione è uno dei più grandi mai effettuati in Aarhus. A causa delle dimensioni di questo mega operazione, la chiusura definitiva dipende dalla danese per la concorrenza e l’approvazione dell’Autorità del consumatore. “Apprezziamo la fiducia che Coop ha dimostrato Catella e siamo lieti che siamo stati in grado di eseguire con successo il processo di vendita di questo portafoglio che è stata di proprietà di Coop per più di un secolo”, dice Jesper Bo Hansen e riconosce la cessione come una decisione attenta e strategica, in linea con l’obiettivo di Coop di investire nella loro core business, tra cui la digitalizzazione e la modernizzazione dei loro negozi al dettaglio.

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Essent Group Ltd. CEO to Participate in the KBW Mortgage Finance & Asset Management Conference

Posted by fidest press agency su domenica, 27 maggio 2018

New York City Thursday, May 31, 2018 Westin Grand Central Hotel, 212 East 42nd Street. Essent Group Ltd. (NYSE: ESNT) today announced that Mark A. Casale, Chairman and Chief Executive Officer, will participate in the KBW Mortgage Finance & Asset Management Conference. The discussion is scheduled to begin at 8:00 am Eastern Time on.
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) which, through its wholly-owned subsidiary Essent Guaranty, Inc., offers private mortgage insurance for single-family mortgage loans in the United States. Essent provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Headquartered in Radnor, Pennsylvania, Essent Guaranty, Inc. is licensed to write mortgage insurance in all 50 states and the District of Columbia, and is approved by Fannie Mae and Freddie Mac. Essent also offers mortgage-related insurance, reinsurance and advisory services through its Bermuda-based subsidiary, Essent Reinsurance http://www.essentgroup.com.

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White Oak Healthcare Finance Provides $60 Million for DW Healthcare Partners’ Acquisition of SoClean

Posted by fidest press agency su mercoledì, 27 dicembre 2017

White Oak Healthcare Finance, LLC (“WOHCF”) today announced it acted as sole lead arranger and administrative agent on the funding of a $60 million senior credit facility to finance the acquisition of SoClean Inc. (“SoClean”) by DW Healthcare Partners. SoClean is the only provider of fully automated cleaning devices for Continuous Positive Airway Pressure (“CPAP”) machines. CPAPs are used to improve health outcomes for those suffering from obstructive sleep apnea and other sleep disorders.
“SoClean has developed a patented and proprietary device that is the only fully automated cleaning device on the market,” said WOHCF’s Managing Director and Partner, Isaac Soleimani. “SoClean provides an effective solution to an otherwise burdensome, but necessary, cleaning process for CPAP equipment.”
SoClean cleaning devices sanitize the CPAP mask, hose and reservoir without the need for disassembly, water or chemicals. Improperly cleaned CPAP equipment is filled with harmful bacteria and germs that could make people sick when breathed into their body. Unlike the traditional soap and water cleaning approach, SoClean’s natural approach to CPAP sanitizing kills 99.9% of bacteria and germs, which leads to a healthier breathing experience. For more information, visit http://www.soclean.com.

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Europe’s First Blockchain Centre Opens in Vilnius

Posted by fidest press agency su giovedì, 7 dicembre 2017

vilniusVilnius, Lithuania Hot on the heels of issuing of the Europe’s fastest e-money (EMI) license to the numerous global tech companies, Lithuania has announced it will host Europe’s first international Blockchain Centre. The Centre’s mission: to unlock economic and social value by applying blockchain technology to business, finance, and public administration. A state-of-the-art coworking and shared office space for blockchain startups, Blockchain Centre Vilnius will connect key stakeholders on three continents. It joins partner Blockchain Centres in Melbourne and Shanghai. The Centres incubate and accelerate blockchain start-ups while sharing information about new blockchain opportunities with investors and businesses alike.“Are we ready to meet the new top standards of transparency and security of the revolutionary technology? Lithuania steps in by offering a globally represented blockchain hub and enabling regulatory environment. All European countries can take an advantage and unlock the potential of this technology in various sectors. It goes along the overall positive attitude of the European Union institutions, which are ready to embrace the technology”, says the initiator of the Blockchain Centre Vilnius, member of the European Parliament, digital entrepreneur Antanas Guoga, in the blockchain industry better known as Tony G. The Blockchain Centre Vilnius Board and Investor Committee, which will help raise funds for blockchain start-ups, have already attracted such leading lights as prominent fintech and cryptocurrency expert Jon Matonis, leading Australian artificial intelligence expert and data analyst Eugene Dubossarsky, Lon Wong, President of NEM.io (Singapore), and Sonic Zhang, Founder of ValueNet Capital.“Blockchain Centre Vilnius is a unique opportunity for blockchain investors, start-ups, and regulators to share ideas, know-how, and best practices worldwide through our two partner Centres in China and Australia. They are ready to make Lithuania their gateway to Europe”, emphasizes Chairman of Blockchain Centre Vilnius, Europe and Asia based entrepreneur Kunčinas. According to Kunčinas, Lithuania was selected by the Australian and Asian blockchain community as the network’s first location in Europe due to its political and economic stability, EU and eurozone membership, and favourable business and regulatory environment. Few weeks ago, government-backed business advisor Invest Lithuania and Singapore FinTech Association signed a landmark financial technology (“fintech”) innovation agreement. “Lithuania is capitalising on its stable jurisdiction and early commitment to innovation in finance and technology. Our country has everything going for it to become Europe’s blockchain leader”, emphasizes Mantas Katinas, CEO of Invest Lithuania. “Best in EU superfast license issuing, direct access to SEPA and strong institutional support make Lithuania the best point of entry for the EU and non-EU Fintech”.
At the heart of this new development is a Central Bank that has embraced fintech innovation, and a recently instituted “start-up visa” that makes it easier to attract and retain top talent from non-EU countries. The Central Bank of Lithuania has adopted a positive and proactive stand with regard to fintech companies, offering fast and efficient licensing as well as a one-year sandbox environment for new fintech companies. E-signatures are widely utilised and accepted, and onboarding can even take place remotely via online video calls. Lithuania is already number one in Europe in fibre-optic penetration and boasts one of the world’s fastest internet networks, which makes doing business online efficient and convenient. Establishing a company takes just three days. Lithuania’s regulators look favourably on the emerging technology and are open to giving progressive tech companies direct access to the Single Euro Payments Area (SEPA) system. The Blockchain Centre Vilnius, based in a brand new riverfront office building just minutes from the Old Town Vilnius, will open its doors on January 27, 2018. The Centre welcomes inquiries, especially from start-ups, investors, and journalists.

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L’avenir du budget européen: que signifie le Livre blanc de la Commission pour les finances de l’UE?

Posted by fidest press agency su giovedì, 29 giugno 2017

future of europeDans son «Livre blanc sur l’avenir de l’Europe», la Commission européenne présente différents scénarios pour l’avenir de l’intégration européenne et imagine ce à quoi l’UE pourrait ressembler d’ici 2025. Dans ce Policy Paper, Eulalia Rubio, chercheur senior à l’Institut Jacques Delors, et Jörg Haas, chercheur à notre bureau en Allemagne, le Jacques Delors Institute – Berlin, discutent des implications de ces différents scénarios pour le budget de l’UE.
• Poursuivre le chemin de réforme actuel tout en adaptant le budget marginalement (scénario 1) ne fonctionnera probablement pas. Les dépenses prévues pour les nouvelles priorités stratégiques combinées à la baisse des revenus après Brexit signifient que les 27 États membres de l’UE devrait accepter des contributions plus élevées ou réduire les ambitions de l’UE.
• Recentrer le budget pour soutenir uniquement le marché unique (scénario 2) ne serait pas forcément synonyme de baisse de budget. Il faudrait non seulement préserver les quatre libertés, mais aussi financer la recherche, l’infrastructure et la convergence.
• Une UE « différenciée » où certains États membres souhaitent faire plus ensemble (le scénario 3) devrait dépendre encore plus de mécanismes financiers placés hors budget de l’UE, en particulier pour mettre en place des opérations militaires conjointes et pour financer une UEM plus résiliente.
• Une UE qui fait progresser l’intégration dans certains domaines et renvoie d’autres compétences aux États membres (scénario 4) devrait dépenser davantage pour la migration et la défense tout en réduisant les dépenses consacrées aux dépenses agricoles et de cohésion dans les pays riches.
• Une UE qui facilite l’intégration dans tous les domaines politiques (scénario 5) nécessiterait non seulement un budget considérablement plus important pour répondre aux besoins de la zone euro, mais devrait également réviser ses processus budgétaires, sa gouvernance et son système de financement. (photo: europe)

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Catella advisor on MaxFast’s share issue

Posted by fidest press agency su giovedì, 2 marzo 2017

britt-marie-nymanrobert-fonovichCatella’s Corporate Finance unit has acted as financial advisor, and Catella Bank was bookrunner to MaxFast in connection with the company’s new issue of ordinary shares communicated yesterday. The issue was oversubscribed and the company raised a total of SEK 134 million before issue costs. “We are very pleased to once again be able to assist MaxFast with both advisory and capital raising in order to facilitate its growth plans,” says Robert Fonovich, Head of Catella’s Swedish Corporate Finance operations. MaxFast has properties with strong cash flows with a value of approximately one billion kronor. Its aim is for the portfolio to have grown to two billion kronor within two years. As part of this growth the company announced in late January a share issue directed to the public of SEK 100 million that could be supplemented with an over-allotment option if the public offering was oversubscribed. There was substantial demand and an additional SEK 34 million was issued.The issue was conducted with exemption from the preferential rights of shareholders in order to achieve a wider distribution of shares. Prior to the issue the number of shareholders was approximately 200, and in connection with the issue MaxFast gained approximately 1,700 new shareholders. The proceeds will be used for the acquisition of new high-yield properties and investment projects in central Sweden.“Catella has assisted MaxFast with two capital raisings and ahead of the company’s listing on First North last summer. This latest assignment has encompassed everything from IR consulting to structuring and a new share issue directed to the public, demonstrating the breadth of Catella’s offering,” says Britt-Marie Nyman, Capital Markets Manager at Catella’s Corporate Finance unit. (photos: Britt-Marie Nyman, Robert Fonovich)

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Catella enhances Corporate Finance with senior recruitment

Posted by fidest press agency su giovedì, 11 agosto 2016

micael-averborgMicael Averborg has been recruited to Catella as Head of Transactions at Catella’s Corporate Finance operations in Stockholm. Micael joins us from Atrium Ljungberg where he was a member of the management team and was Business Area Director for Transactions and Marketing. He has worked in senior roles within the real estate industry for nearly 20 years.“We are very pleased to be able to announce that Micael will be responsible for our transaction business. With his many years of experience from the property market in our major cities, he is a very senior individual who will be able to contribute in the implementation of complex transactions and in building relationships with our clients,” says Robert Fonovich, Head of Catella’s Swedish Corporate Finance operations. Micael Averborg has very broad experience from the property sector, and has in recent years worked primarily with transactions and business development, but also previously with both leasing and management issues. Over the past 16 years he has held senior positions at Atrium Ljungberg, most recently as Business Area Director for Transactions and Marketing and prior to that as Business Area Director for Offices. Micael will take up the position as Head of Transactions at Catella on 1 October 2016.“I look forward to having, and I am pleased to have, the opportunity to bring my skills to Catella. Catella has a strong position in the property market in Sweden, and it will be very exciting and interesting to take part in further strengthening the transaction business and in building more integrated Nordic Corporate Finance operations,” says Micael Averborg, who will become Head of Transactions for Catella’s Corporate Finance operations.Catella’s Corporate Finance operations provide transaction advisory services in sales and acquisitions to national and international investors in Europe, with a focus on complex transactions. Catella also offers market analysis and strategic advice, as well as advice on financing, to companies in the real estate sector. (photo. micael-averborg)

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Finance cannot be fully responsible until it is inclusive

Posted by fidest press agency su mercoledì, 30 marzo 2016

rfi foundationKUALA LUMPUR, MALAYSIA. The Summit, hosted by Bank Negara Malaysia, organised by the RFI Foundation and co-organised by Middle East Global Advisors, will take place on 30-31 March in Kuala Lumpur. During periods of economic stress, it is important for the responsible finance industry to come together to lay the groundwork for inclusive and sustainable economic development. The Responsible Finance Summit, under the theme of “Unlocking Finance, Expanding Impact”, aims to forge alliances between Islamic finance and traditional responsible finance in order to build the foundation for such an economic future. Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia will deliver a Keynote address at the Responsible Finance Summit alongside other leaders including His Royal Highness Emir Muhammadu Sanusi II, Emir of Kano, and Georg Kell, the Founder & Former Executive Director of the UN Global Compact.
In addressing the role for responsible finance, Governor Zeti, Chairperson of the Council of Advisors of the Responsible Finance Institute (RFI) Foundation, said: “Responsible finance has to always remain founded on the conviction that the primary role of finance is to be in the service of the real economy. This call for a closer examination of the fundamentals of the financial services sector to ensure ethical behavior is built into the culture and that financial products will value add to society. As we work towards a financial sector that is more responsible, we must also ensure that it benefits are accessible to all members of society; that it is inclusive.” Prof. Datuk Rifaat Abdel Karim, Chairman of the Trustees of the RFI Foundation which is organising the Summit, highlighted the importance of bringing all parties to the table: “As we come together, we must always ask how can responsible finance – Islamic finance, socially responsible investing and impact investing – most effectively contribute to equitable, inclusive and sustainable economic growth. This is the shared goals that unites all of the responsible finance approaches and guides the dialogue as the industry comes together”. (photo: rfi foundation)

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Publication: What would a European finance minister do? A proposal

Posted by fidest press agency su giovedì, 29 ottobre 2015

euroIn this policy paper, Henrik Enderlein and Jörg Haas sketch out in some detail the possible tasks and accountability structure of European finance minister (EU-FM). Such a minister would act as a strong political authority safeguarding the economic and fiscal interests of the euro area as a whole. The paper focuses on three topics:
1. What competences would the EU-FM have?
2. What would the EU-FM’s ‘ministry’ and policy tools look like?
3. To whom would the EU-FM be accountable? (photo:euro)

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Greenpeace joins Bonn Climate Talks 19 – 23 October

Posted by fidest press agency su domenica, 18 ottobre 2015

carbon emissionNext week, October climate negotiators in Bonn will have five days to re-write or agree the 10 pages which could form the basis of a global agreement on climate change. Will they call time on fossil fuels? This is the major question that needs to be addressed in this last session before the COP in Paris. Martin Kaiser, Head of International Climate Politics for Greenpeace, said:”This is nearly the end of the road for negotiations, so they need to get a move on. There’s no time for nit-picking over commas or full-stops. They have to tackle the substantive issues.””The draft agreement needs to spell out how the world can phase out fossil fuels, decarbonise and switch to a clean energy future by mid-century – this central issue got lost in the last re-write and needs to urgently get back into the text. The draft also needs to establish a strong mechanism to bring emissions down in each country every five years”. Greenpeace is joining the Bonn climate talks with a group of experts, who can offer advice or quotes on China, India, US, EU, Canada, mitigation, legal, forests, climate finance, loss and damage and other issues in the UNFCCC process.

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German Nation Brand Devalued by US$191 Billion Following VW Scandal

Posted by fidest press agency su sabato, 10 ottobre 2015

volkswagenThe revelation that as many as 11 million diesel vehicles have been fitted with software designed to deceive emissions testers, has dealt a hammer blow not just to Volkswagen’s reputation but to the entire German nation brand. Germany has lost its position as the most powerful nation brand according to Brand Finance. The firm, which specialises in brand valuation and strategy, evaluates the financial impact of the image and reputation of the top 100 countries, publishing the results in an annual study, the Brand Finance Nation Brands report. The report shows measurable damage to the long-term financial potential of ‘brand Germany’. Its value has dropped by US$191 billion to US$4.2 trillion, down 4% on 2014.“German industry is lauded for its efficiency and reliability while Germans as a whole are seen as hard-working, honest and law abiding. That such an iconic German brand, the ‘people’s car’, could behave in this way is beginning to undo decades of accumulated goodwill and cast aspersions over the practices of German industry, making the Siemens bribery scandal appear less a one-off than evidence of a broader malaise” said Brand Finance’s CEO, David Haigh.Until this episode, 2015 had actually been a fairly positive year for Germany’s international reputation and the prospects of its nation brand. Germany has garnered worldwide admiration for its receptivity to Syrian migrants. This influx of generally young people and families will provide a fillip for Germany’s labour force, though the goodwill generated by sympathetic stance has been overshadowed by VW’s deception.Replacing Germany as the world’s most powerful nation brand is Singapore. As the city-state celebrates its 50th anniversary its citizens can be rightly proud of the nation they have created. The chief architect was of course Lee Kwan You. The vision, pragmatism, longevity, intolerance of corruption and relative benevolence of the country’s first prime minister and elder statesman are widely seen as the key reasons for its success. Haigh continues, “Though the passing of Lee Kuan Yew in March this year is a sad loss, he leaves a legacy that few can hope to better. Singapore is now seen as modern, innovative, industrious, welcoming to outsiders and increasingly culturally rich and has left its neighbours, including Malaysia (from which Singapore was ejected 50 years ago) far behind it.”
Though some way off the top spot, the fastest growing nation brand this year is Iran. Its brand value is up 59% to US$159 billion as Hassan Rouhani’s moderate approach slowly shifts international perceptions of the country’s potential and eases restrictive sanctions. A fractious relationship with Sunni states will remain an impediment to trade and investment locally but with a market of 77 million people, vast hydrocarbon reserves and a highly educated population, Iran certainly has a receptive audience globally.
David Haigh comments, “Iran will need to assiduously manage its communications with its newfound suitors making a carefully assessed nation branding strategy almost as important as traditional diplomacy. Managed correctly, Iran’s ancient treasures, sophisticated population, strategic location and natural assets could be used to transform its reputation.”Though Singapore is the most powerful brand, being closer to its full potential than any other nation, in sheer value terms The US remains dominant. It is the most valuable nation brand, with a national brand value of US$19.7 trillion. The USA is undoubtedly a powerful brand with an inviting business climate, however its value comes in large part from the country’s sheer economic scale. Not only is there a large, wealthy market predisposed to ‘buy American’ but also an unrivalled group of established companies and organisations exporting worldwide whose American heritage forms (to a lesser or greater extent) part of their appeal. The US’ world-leading higher education system and the soft power arising from its dominance of the music and entertainment industries are significant contributors too. This soft power will help the US to retain the most valuable nation brand for some time after China’s seemingly imminent rise to become the world’s biggest economy.

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Seven new employees at Catella’s Nordic Corporate Finance

Posted by fidest press agency su venerdì, 4 settembre 2015

catellacatella1Catella is enhancing its Nordic property advisory services with seven new commercial project managers and analysts at its offices in Stockholm, Gothenburg and Malmö. “We are strengthening our Corporate Finance activities with new employees in commercial roles in order to address increasing demand for both advisory services related to capital markets and transaction advisory services. The transaction market is as strong as last year, and we are seeing a large number of initiatives in the capital markets. In addition, there is substantial interest from international investors, both in Sweden and around the Nordics. Our ambition is to make further recruitments in the autumn,” says Jesper Bo Hansen, head of Catella’s Corporate Finance operations in the Nordics.Carl Wingmark and Magnus Lange have been signed to the operations in Stockholm, and will both work in senior commercial roles. Carl has nearly 15 years of experience in property transactions and advisory services, and joins us from PwC, where he has held several senior roles in PwC’s property advisory services. Magnus has more than 20 years of experience in property transactions with both national and international investors, and joins us from a role as head of Swedish operations at Cushman & Wakefield.Additionally, Gustaf Kullenberg, formerly at Nordea Corporate Finance, and Marco Nilsson, Cass Business School in London, have been recruited as analysts in Stockholm. Jesper Greitz, PhD in physics, bolsters Catella’s research department.Erik Sveder, a new graduate with a specialisation in finance, joined us in August as an analyst at Catella’s Gothenburg office, and Filip Hansson, a new graduate in land surveying with a specialisation in property finance, has been hired as an analyst in Malmö.
Corporate Finance at Catella provides transaction advisory services for sales and acquisitions to national and international investors in Europe, with a focus on complex transactions. Catella also provides market analysis and strategic consulting as well as advisory services relating to financing for companies in the property sector.

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The consequences of the end of Schengen

Posted by fidest press agency su giovedì, 3 settembre 2015

schengenThis fictional political skit, realized by Yves Pascouau, Associate Research Fellow at the Jacques Delors Institute and Director of the European Policy Centre, attempts to explore the consequences of the permanent reestablishment of internal border controls in the Schengen area. In the year 2020, member-states decided to put an end to the freedom of movement of people in its current form.
The implications of this decision on Europeans’ everyday lives are analyzed via the revealing experience of a frontier worker, a tourist, and an economist.The impact of this decision on public finances is also raised through a conversation between the President of France and his Minister of Finance. (Photo: Schengen)

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Financing for development meeting in Addis Ababa crucial for future

Posted by fidest press agency su domenica, 12 luglio 2015

caritasCaritas Internationalis says world leaders must show the ambition needed to lift millions of people out of poverty at a key aid summit.The Financing for Development Conference begins 13 July in Addis Ababa. It will determine the level of financial commitment to combat poverty and inequality over the next 15 years.It’s the first of three important meetings in 2015. It will be followed by the adoption of the Post–2015 Development Agenda (SDGs) in New York in September and a UN climate change meeting in Paris in December.Caritas Internationalis President Cardinal Luis Antonio Tagle said, “Governments must commit to financing the development of poor countries. Fair and inclusive international rules are needed that enable equitable allocation of resources and prevent the harmful activities of the private sector.“Failure in Addis Ababa risks harming the international community’s political will ahead of the other key deadlines in 2015. Governments must go beyond national selfishness and short-term interests. We need an agreement respecting the dignity and participation of all that does not endanger the discussions on sustainable development and climate change.”In the preparatory documents for the Addis meeting, the gap is currently huge between the objectives aimed at (a transformative agenda, a changed economic and social model) and the solutions proposed (increased room for large companies, international rules defined by the most powerful countries).On the one hand, the rich countries want to appeal to the private sector on a massive scale to finance this agenda via incentives. Bowing to the private sector however risks creating an economy dominated by finance with appalling consequences for countries where banking regulations are still fragile.But they also want to restrict decision-making to spaces they themselves control rather than more inclusive spaces like the UN. The push to merge the financing for development with the wider Post-2015 Development Agenda means it will gradually disappear to the benefit of not very inclusive G20, the OECD and the IMF and the World Bank.Caritas Internationalis will be present in Addis Ababa through Graham Gordon of CAFOD (Caritas England and Wales), Grégoire Niaudet of Secours Catholique (Caritas France), and Zan Akologo Caritas Ghana.

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Thought Leaders Defined by Sustainable Finance Commitment

Posted by fidest press agency su sabato, 18 febbraio 2012

London (PRNewswire)Over the past year The New Economy has observed a series of revolutions. Whether in terms of politics or technology, the modern world is constantly changing and improving. The business and financial landscapes are unfortunately often much slower to catch on, often taking a pioneer to lead the way. This spirit remains at the centre of The New Economy’s Sustainable Finance Awards 2011. Sustainable finance is an area in which simple choices by business leaders and dynamic investors can completely transform industries, significantly improving their impact. Engaging with the roots of a business and working out where relations with the environment and with workers can be improved has introduced changes that carry right across company structures, often bringing unexpected benefits. The New Economy Sustainable Finance Awards celebrate companies making a significant contribution to improving their social and environmental impact and acting as a leading example to their industry in the process. Through a variety of strategies, our winners have addressed their business impact, making a significant positive contribution and to these new pioneers The New Economy offers its warmest congratulations. Find a full listing of winners of the Sustainable Finance Awards 2011 at: http://www.theneweconomy.com/awards/sustainable-finance-awards-2011 To read more on the subject and articles from some of the winners, pick up a copy of the Winter 2012 edition of The New Economy, available in retailers now. World News Media is a leading publisher of quality financial and business magazines, enjoying a global distribution network that includes subscriber lists of the most prominent and senior decision-makers around the world, as well as comprehensive airport, hotel and conference site distribution.

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Vice president Finance e CFO Whirlpool Emea

Posted by fidest press agency su mercoledì, 30 novembre 2011

Flavio Caruso è stato nominato vice president Finance e Chief financial officer di Whirlpool EMEA. Caruso, nato a Roma il 22 luglio 1978 e sposato con due figlie, è laureato in Economia e Commercio all’Università la Sapienza di Roma. In Whirlpool dal 2011, Caruso proviene da L.V. M. H. Italia, divisione Acqua di Parma, dove ha ricoperto le posizioni di Finance & Operations director e di Acting general manager. In precedenza ha lavorato per il gruppo Industrie Bialetti come Country, Turkey and Middle East manager e in Amministrazione, Finanza e Controlli per Barilla. Caruso fa parte dello staff Manufacturing operations; la sua sede di lavoro è il Centro Operativo Europeo Whirlpool di Comerio (Varese).
Con circa 12.000 dipendenti, una presenza sui mercati di oltre 30 Paesi europei e siti produttivi in sette Paesi, Whirlpool Europe, Middle East & Africa (EMEA) è una società interamente controllata da Whirlpool Corporation, l’azienda leader a livello mondiale nella produzione e commercializzazione di grandi elettrodomestici. Nel 2010, Whirlpool Corporation ha avuto un fatturato annuale di 18,4 miliardi di dollari, 71.000 dipendenti e 67 centri di produzione e di ricerca tecnologica in tutto il mondo. L’azienda commercializza i marchi Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht e altri importanti brand quasi in ogni paese del mondo. Il Centro Operativo Europeo di Whirlpool si trova in Italia, a Comerio (VA). Per ulteriori informazioni sull’azienda, consultate il sito Internet http://www.whirlpoolcorp.com o http://www.whirlpool.it.(steve McCurry) (1832 caruso)

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