Category Archives: Economy

Virgin Money Launches New Fixed Rate ISAs And Fixed Rate Bonds

Released on: May 29, 2012, 8:21 am
Author: Virgin Money
Industry: Financial

May 29, 2012, 8:21 am — /EPR NETWORK/ — Virgin Money has launched new issues of its popular fixed rate bond and fixed rate cash ISA range. The accounts offer customers a competitive rate, combined with certainty of returns for either one or three years. Accounts are available through Northern Rock branches, online, by post and over the telephone, and interest rates are the same through all distribution channels. ISA customers receive the same rates as those with a non-ISA account.

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Is Paradise Possible In Today’s World?

Released on: April 30, 2012, 2:15 pm
Author: Dave Skye
Industry: Media

Are the Economies & Shakers of the World Capable of Unleashing A New Earth?

Silver Spring, MDApril 30, 2012, 2:15 pm — /EPR NETWORK/ — www.Powerofparadise.com— In his book “Power of Paradise ~ Inventing The Future With A Choice,” the author Dave Skye unveils how the power of choices and decisions, can affect every thing we do, creating ripples strong enough to define a new global age.

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Virgin Money launches new ‘early bird’ ISA service

Released on: February 23, 2012, 12:57 am
Author: Virgin Money
Industry: Financial

Virgin Money has launched a new ‘early bird’ ISA service for savers. By opening an Early Bird ISA Feeder, customers can use the service to start earning interest on next year’s ISA allowance now – without having to wait for the new tax year to start in April. The Early Bird ISA Feeder offers a competitive interest rate of 3.57% gross**/AER***, or 2.85% net, giving savers the same return as Virgin Money’s current variable cash ISA. The interest rate is fixed until 5 April 2012, following which the funds will automatically transfer into an Early Bird ISA for the new tax year.

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Credit Suisse Provide Q4 Market Commentary on European ETFs

Released on: February 22, 2012, 10:17 am
Author: CS ETFs
Industry: Financial

European ETFs ended a challenging 2011 with total assets of USD 259.88 bn and net new assets of USD 18.23 bn. Positive inflows in the first seven months of the year began to reverse in August. A divide opened up between physically replicated funds, with continued positive inflows, and synthetically replicated ETFs which – coming under intense regulatory scrutiny – experienced large outflows. Relatively speaking, the European ETF market weathered the storm much better than the larger UCITS industry.

Credit Suisse ETFs Sales Strategist Ursula Marchioni reviews the ETF industry trends in her quarterly market commentary. Key findings of the quarter are:

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Barclays Bankers May Lose £1bn Bonus To PPI Claims Says PPI Claims Company Simple Financial Solutions

Released on: February 20, 2012, 9:39 am
Author: Simple Financial Solutions Limited
Industry: Consumer ServicesFinancial

Barclays bank is considering a move that will see the bonuses planned for its staff cut to pay the fines and compensation claims for PPI mis-selling, and may even institute a claw back of bonuses already paid, says PPI Claims Company Simple Financial Solutions.

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Lefroy Hudson Forms Team for Institutional Client Services and Sales

Released on: January 09, 2012, 4:21 am
Author: HK financial news
Industry: Financial

Lefroy Hudson today announced the formation of a team dedicated to institutional client services and sales. Lefroy Hudson has recruited this team for the initial part of the expansion: Michael Huff, most recently the Executive Director and Analyst in charge of the Research sector of Lefroy Hudson; Violet Yao Chia, currently the Executive Director of Sales at Lefroy Hudson; Colin Johnston who was most recently a Management Director with one of Singapore most successful advisory; and Karl Erikson who joined Lefroy Hudson 16 months ago to consolidate the company’s presence in the market landscape. He is responsible for rounding out the team as well.

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Lefroy Hudson Announces Timothy Daniels Election to the Company’s Board of Directors

Released on: January 09, 2012, 4:14 am
Author: HK financial news
Industry: Financial

Mr. Daniels served as President and CEO of Beijing Asset Management (BAM) for seven years and is serving as its Chair through this term. In his three decades of service at BAM, he has held numerous offices including Finance Head, Vice President, and President of Market Research. He lived in Europe, Asia and Australia during his extensive career. He has seen memberships with key government councils, most notably in areas of economic stimulus and planning.

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TOMEX Launches New and Direct Spread Contract

Released on: December 19, 2011, 8:25 am
Author: Tokyo finacial news
Industry: Financial

TOMEX, one of the world’s leading trading companies has recently launched a new direct spread contract that will allow its members to manage the difference between spot contracts. This new contract will give members of Tokyo Mercantile Exchange more options when it comes to trading, which is also in direct response to their unified requests.

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