By Andrei Skvarsky. Belgium is the European country with the best employment and career opportunities for LGBT+ people while the labour markets of Cyprus and Lithuania have some of Europe’s scantiest offers to make to members of sexual and gender minorities, a study by digital PR company Reboot suggests. Luxembourg is the second- and Denmark… Continue Reading
Tag Archives: Europe
ActivTrades: Inflation concerns a key world stock market factor
An analyst at London-based financial broker ActivTrades has argued that mixed developments in global stock markets this week are “broadly a reflection of lingering inflation concerns”. Investors expect an early rise in inflation in the United States because of the current successful vaccine rollouts there, technical analyst Pierre Veyret said in a statement. On the… Continue Reading
Spain’s Debex auctioneer: bids up 32 pct during 3-month delinquent debt sales
By Andrei Skvarsky. Debex Espana, a Spanish company running online auctions, has sold delinquent debts worth a total of 41.6m euros ($49.4m) over the past three months, according to a statement from its parent group Debex. The debts made up eight portfolios and 33,500 accounts. Bids went up by an average of 32 per cent… Continue Reading
Cashless society idea disliked in the West but popular in Asia – MoneyTransfers.com
By Andrei Skvarsky. The idea of complete replacement of banknotes and coins with electronic money is by and large rejected by Western society but has majority support in larger Asian nations, research by the MoneyTransfers.com consultancy and polling company YouGov suggests. Just a quarter of Americans would like the United States to go cashless, according… Continue Reading
EVENTS: HSBC, BNP Paribas, Lloyds to focus on AI’s anti-fraud potential during online summit on Jan 28-29
Senior executives in about a dozen banks, among them big names such as HSBC, BNP Paribas, Lloyds Bank and NatWest Group, will address the Artificial Intelligence in Payments and Fraud Risk Management (Europe) Summit, a virtual conference set for January 28-29. Altogether there will be more than 50 speakers during the event, which is expected… Continue Reading
Deal with identity verifier Sumsub provides Leverate fintech firm with anti-fraud solutions
By Andrei Skvarsky. Leverate, a Limassol-headquartered technology provider for foreign exchange brokerages, has clinched a deal with London-based identity verifier Sumsub that supplements packages offered to clients by the Cyprus-based company with anti-fraud technologies. The terms of the deal save customers of Leverate, whose technology is used by about 65,000 traders, the trouble of going… Continue Reading
EVENTS: Day 2 of the Future of Insurance Europe in Progress
Day two of The Future of Insurance Europe, a two-day online conference organised by Reuters Events and bringing together more than 3,500 insurance professionals, is live now. Please check the list of speakers on https://www.linkedin.com/posts/alexanderjhbird_insurance-disruption-future-activity-6737294463779004416-E8q9. Continue Reading
EM communications firm makes three senior hires
By Andrei Skvarsky. EM, an emerging markets communications and investor relations consultancy, has made three senior hires with Daria Khilenkova joining the company in Moscow, Jamie Hyman in London and Yury Krebs in Valencia. Khilenkova, who comes from investment bank Renaissance Capital, is in charge of financial communications in Moscow, according to an EM statement.… Continue Reading
Sberbank to be sole owner of Russia’s Cetelem Bank via deal with BNP Paribas
By Andrei Skvarsky. Russia’s biggest lender Sberbank is going to become the sole owner of Russia’s Cetelem Bank, the country’s number one car loan provider, by enlarging its capital in the firm to 100 per cent under an agreement with BNP Paribas that awaits regulatory approval in Russia and France. Under the terms of the… Continue Reading
EVENTS: Reuters Events webinar to address energy transition challenges
In a Reuters Events-hosted webinar on Tuesday September 15, senior figures in major U.S. energy companies will suggest ways of navigating through the incipient energy transition era, which, besides its serious challenges, is believed to offer multi-trillion-dollar opportunities. The webinar, “Reshaping Energy: Business Model Innovation in the Context of Transition”, starts at 4pm BST (1500… Continue Reading
EVENTS: Registration starts for Reuters Events’ Future of Insurance Europe
Reuters Events, the organiser of The Future of Insurance Europe, has started registering attendees for this online conference, which is due on November 24-25 and is planned to hammer out strategies for insurers to deal with unprecedented and vast-scale challenges such as Covid-19, the climate change, and cybercrime. You may register here and see the… Continue Reading
EVENTS: Reminder – Connected Claims Europe Virtual, Aug 18-19
A large array of senior executives representing Allianz, Zurich, Generali, AXA and other insurance companies are going to speak during Connected Claims Europe Virtual, an online conference on August 18-19 organised by Reuters Events. In addition to presentations and panel discussions, with a real-time question and answer session after each of them, there will be a… Continue Reading
EVENTS: marcus evans moves Elite Summit private wealth management forum to Nov 23-25
Event organisation company marcus evans has rescheduled the Elite Summit, a European private wealth management conference initially planned for June, to November 23-25. The choice of location remains unchanged at Montreux, Switzerland. The planned forum, an invitation-only event that aims to bring together private wealth managers with solution providers, will focus on points such as… Continue Reading
Banker explains Lombard Odier’s resilience vs Covid-caused meltdowns
By Andrei Skvarsky. Swiss private banking group Lombard Odier has mainly owed its ability to stay afloat amid market meltdowns caused by the Covid-19 pandemic to not being listed on any stock exchange, to the focused nature of its business and to its level of capitalisation, according to one of its senior managers. Independence –… Continue Reading
African Development Bank debars power plant developer BWSC over alleged scam
By Andrei Skvarsky. The African Development Bank (AfDB) has temporarily barred Danish power plant developer Burmeister & Wain Scandinavian Contractor (BWSC) from all its projects after accusing it of a fraudulent attempt to win a contract in Mauritius. The AfDB said in a statement there was evidence that BWSC had bribed Mauritian officials to obtain… Continue Reading
EVENTS: Connected Claims Europe Virtual to bring together over 1,000 claims execs
More than 20 speakers will address an anticipated online audience of over 1,000 claims executives during Connected Claims Europe Virtual, a free online conference on August 18-19 organised by Insurance Nexus, a division of Reuters Events. Register for free. The conference will pay a lot of attention to the role of technology in the claims… Continue Reading
EVENTS: Dozens to speak during Opal-hosted virtual Investment Trends Summit on June 16
Senior figures in about three dozen entities, mostly commercial companies such as advisories, asset managers and investment firms, will take the floor during the seven-hour virtual Investment Trends Summit on June 16 hosted by New York-based Opal Group. Speakers will examine the global macroeconomic and geopolitical situation, look into developments in equity and fixed income… Continue Reading
EVENTS: Insurers to discuss future claims agendas during Reuters Events webinar
Senior figures at Generali, Allianz, Tractable and Aite Group will talk about future priorities and strategies in claims business during a planned webinar on May 21 hosted by Reuters Events. The one-hour webinar, “The New Claims Agenda – Strategic Priorities for Claims in the New Insurance Landscape”, starts at 1.30pm BST. It is the first… Continue Reading
Permira Debt Managers prices new CLO at $225.5m
By Andrei Skvarsky. London-based debt investors Permira Debt Managers (PDM) has set the price for the Providus IV collateralised loan obligation, the fourth CLO in its Providus series, at 207.6m euros ($225.5m). Just as the previous Providus CLOs, Providus IV has environmental, social and governance (ESG) standards among its eligibility criteria, which puts restrictions on… Continue Reading
EVENTS: Effects of Covid-19 on ESG investment to be discussed at Reuters Events webinar on April 30
Effects of the Covid-19 pandemic on businesses complying with environmental, social and governance (ESG) investment criteria is the theme of a planned free webinar on April 30 organised by Reuters Events. The webinar, “ESG and Sustainable Investing in the Midst of Covid-19”, starts at 2.30pm BST/9.30am EDT/1330 GMT on April 30. You may register for… Continue Reading
EVENT POSTPONEMENTS DUE TO COVID-19
Due to the Covid-19 outbreak, the following conferences with whose organisers EmergingMarkets.me has media partnership agreements have been postponed: The Digital Banking Summit organised by ICSA has been rescheduled for August 17-18 and will take place in Accra, Ghana. It was originally planned to be held on April 6-7 in Lagos. Blockchain Life, initially scheduled… Continue Reading
EVENTS: Reuters Events to host webinar on climate change-related aspects of ESG investing
Reuters Events is due to host an interactive webinar at 14:30 GMT on March 26 entitled “Climate Leaders in the Investment Community” to discuss climate change-related aspects of investing based on environmental, social and governance (ESG) principles. Those who register for the webinar will be sent recordings of the event so being unable to join… Continue Reading
Standard Chartered: profits up 8 per cent year-on-year but headwinds to affect 2020 performance
By Andrei Skvarsky. Banking group Standard Chartered has reported an underlying profit increase of 8 per cent for 2019 but predicted possible worse performance than expected for this year because of macroeconomic factors and the coronavirus outbreak. Standard Chartered’s earnings per share grew by 23 per cent in 2019, the London-headquartered lender, which is present… Continue Reading
Da Vinci obtains investment pledge for new fund from German development agency
By Andrei Skvarsky. Da Vinci Capital, an emerging markets private equity fund manager, has launched its third successive fund, Da Vinci Emerging Technologies Fund III, with German state-owned development finance institution DEG having pledged to be an anchor investor in it. DEG (Deutsche Investitions- und Entwicklungsgesellschaft) made a pledge in December 2019 to invest more… Continue Reading
Da Vinci Capital passes control of Global Fintech Solutions to Prytek
By Andrei Skvarsky. Guernsey-based private equity company Da Vinci Capital has sold a majority stake in software developer Global Fintech Solutions (GFS) to the Prytek investment firm in what has been described as “one of the fastest exits” in Da Vinci’s history. According to a joint statement from Da Vinci and Prytek, the sale makes… Continue Reading
EVENTS: MoneyNext Summit, London forum in July on finance world digitisation
MoneyNext Summit, a conference to be held in London on July 1-2, 2020, will focus on the digitisation of the financial world, delving into the future of payments, banking, blockchain, insurance and regulation. The wide range of issues to be raised at the forum include digital solutions to risk management, ethical considerations in the use… Continue Reading
EVENTS: ESG no burden but source of more money – Jan 29 webinar
“Taking ESG Mainstream – Unlocking Financial Materiality”, a planned webinar at 1030-1130 GMT on January 29 to be hosted by Reuters Events, will focus on key points of environmental, social and government (ESG) criteria in investment decision-making. Please register for the webinar here. This interactive webinar is made in conjunction with ESG Investment Europe, a… Continue Reading
EVENTS: ESG Investment Europe 2020, London, May 27-28
Environmental, social and governance (ESG) criteria are ceasing to be optional factors in investment decision-making, but data shortages are a big problem, and ESG Investment Europe 2020, a conference in London on May 27-28, will try to help solve it by putting the data issue at the front. The forum is expected to have an… Continue Reading
California city hosting educational forum on marketplace lending
A city in California is hosting an educational forum on December 8-10 on marketplace lending and alternative financing for investors, asset managers, family offices, insurers, lawyers, regulators and others. The Marketplace Lending & Alternative Financing Summit in Dana Point has dozens of topics on its agenda. They include online lending trends in the United States… Continue Reading