“Commercial Awareness Is Global.”
By: Ainsley Brown In a move that would be the first of its kind, a state-owned Chinese bank could take control of a US retail bank. The Industrial & Commercial Bank of China (ICBC) has reportedly signed a deal to acquire the majority stake in the US subsidiary of Bank of East Asia. The deal signed during the recent state
By: Emma Peart The decision in Radmacher has potentially given even more credibility to Pre-nuptual agreements in the UK. The case concerns a German industrial heiress and her Ex-Husband, a Former Investment Banker, who entered into a Pre-Nuptial agreement with the idea of protecting the interests they would inherit through family business. The Judgement itself states that the approach of
By: Ainsley Brown Hedge Funds, a business synonymous with offshore and often tropical locals is witnessing a surprising trend in the European Union (EU). Are you ready for this? Ok, one word: onshoring. With the passage of the controversial EU Alternative Investment Fund Manager Directive last year, many a fund have abandoned offshore locations such as the British Virgin Islands,
By: Ainsley Brown On the go but want to check if that hot new stock tip you got is Shari’ah compliant? Well now you can – Shari’ah compliance has gone mobile. Amiri S3 or Shari’ah Screening System is a downloadable Blackberry application that allows its users to check over 38,000 stocks from all over the world to determine Shari’ah compliance.
By: Ainsley Brown Listing on the London Stock Exchange (LSE) could become a much quicker process in 2011 if several of the leading investment banks in the UK follow through with their plans. It currently takes five weeks generally to go from a company announcing its intention to list to it being placed on the LSE – the banks
By: Ainsley Brown Talk about kicking off the New Year with a bang: it is official as of January 1, 2011 Australia now has its first national Consumer Law. The new law ushers in a comprehensive national consumer protection regime that mandates quick remedies – repair, replace, refund – to customer complaints. It replaces a patchwork of 20 national, State