By Andrei Skvarsky. Moscow-based investment bank Renaissance Capital has reported senior appointments in its Cairo, London and Moscow teams. Continue Reading
By Andrei Skvarsky. Moscow-based investment bank Renaissance Capital has reported senior appointments in its Cairo, London and Moscow teams. Continue Reading
By Andrei Skvarsky. Investment bank Renaissance Capital believes the Russian economy will remain on last year’s downward course in 2019 but will be very much on the rise again in 2020. Continue Reading
The Insurance Nexus research and event company is going to host a webinar on February 1 that will address challenges faced by insurers in trying to have innovative solutions accepted by their current and potential customers. Continue Reading
Dozens of companies are getting together in Amsterdam on May 15-16 for the fourth annual Connected Insurance Europe conference, a forum with an extensive agenda focusing on innovative product development and market penetration. Continue Reading
By Andrei Skvarsky. Five young entrepreneurs have been selected for a six-month seed accelerator programme in Senegal due to pioneering farming practices proposed by them. Continue Reading
By Andrei Skvarsky. GRS Global Recruitment Solutions, a staffing agency for Cyprus and Malta, has given the position of director of recruitment to Hayley Buckle, promoting her from senior business manager. Continue Reading
By Andrei Skvarsky. French investment bank Natixis has become the sole owner of Titres Cadeaux, which is also known as Titres Cado and is France’s fourth-biggest gift voucher operator, after buying a 50 per cent stake in it from La Banque Postale, a subsidiary of French postal service company La Poste. Continue Reading
By Andrei Skvarsky. Natixis, a French corporate and investment bank, has replaced two of its directors, both new appointees being CEOs of regional divisions of Caisse d’Epargne, a bank holding a large stake in Natixis. Continue Reading
By Andrei Skvarsky. The head of London-based boutique Sun Global Investments argues that gold has recently become more popular among investors as a shield against today’s international political and economic storms and that this is what has pushed its price to a six-month high. Continue Reading
By Andrei Skvarsky. Russia’s central bank has stricken off five Russian foreign exchange companies with effect from January 27 for “repeated offences” against securities law. Continue Reading
By Andrei Skvarsky. A Geneva-based nongovernmental organisation has announced it has launched a cryptocurrency, called the afro, that is purportedly designed to promote economic growth and financial inclusion in Africa. Continue Reading
By Andrei Skvarsky. London-based debt investor Permira Debt Managers (PDM) is acting as sole senior secured lender to Validant, an international healthcare consultancy focused on regulation and compliance. Continue Reading
By Andrei Skvarsky. As regulators gradually take control of cryptocurrencies, the global crypto community is abandoning its initial attitude that being outside governmental regulation is an advantage of digital money. Continue Reading
By Andrei Skvarsky. Debt investor Permira Debt Managers (PDM) has continued its strategic line of investing in technology-focused companies by making a loan recently to global sports media technology firm Deltatre to help it to refinance a debt and support its buyout of a software company. Continue Reading
By Andrei Skvarsky. Sberbank CEO Herman Gref on December 11 confirmed rumours that the giant Russian banking group is considering renaming itself by keeping the word “bank” out of the group name though it would still have the word in the name of its purely financial unit. Continue Reading
By Andrei Skvarsky. According to the chief executive of Panxora, a cryptocurrency exchange based in Hong Kong and London, there are serious obstacles to building fair and efficient cryptocurrency regulation mechanisms, both nationally and internationally. Continue Reading
By Andrei Skvarsky. About 400,000 Russians have finished or are currently taking five-month free online business courses for small enterprises and would-be entrepreneurs that are co-run and co-sponsored by Russia’s biggest lender Sberbank and Google. Continue Reading
By Andrei Skvarsky. Bitcoin trading is one way to narrow down the big gulf between the rich and poor in Kenya, according to Paxful, a US-based cryptocurrency exchange startup that is working to include the East African country in its geography. Continue Reading
By Andrei Skvarsky. An investment strategy where environmental, social and fair governance concerns are key factors could mean less money for an investor in the short term but can produce “attractive” returns in the long run, according to a top executive in London-based asset manager Alquity. Continue Reading
Rating agencies Moody’s, Fitch and S&P and several bulge bracket banks will take part in the CLO Summit in Dana Point, California, on November 28-30, an educational conference on collateralised loan obligations for investors, issuers, underwriters, rating agencies, lawyers, and accountants. Continue Reading
Subjects ranging from real estate opportunities to the use of blockchain and artificial intelligence in financial services will be raised at the Marketplace Lending & Alternative Financing Summit in Dana Point, California, on November 28-30. Continue Reading
By staff at IQ Option Magazine. The South African market is one of the major emerging markets in the African region with only two more participants – Morocco and Egypt. Drained by the apartheid policies in the mid-20th century, the government managed to restore trade relations under the presidency of Nelson Mandela. However, this was not … Continue Reading
By staff at Forex Trading in South Africa. Being a marketable security, an Exchange-Traded Fund or ETF tracks a commodity, a stock index, bonds as well as assets. The price of an ETF’s shares is more likely to change as they are bought or sold throughout the day. The ETFs have underlying assets like oil … Continue Reading
By Andrei Skvarsky. London-based debt investor Permira Debt Managers (PDM) is currently making a debt refinancing loan to DL Software, a French software publisher for small and medium-sized businesses. Continue Reading
Andrei Skvarsky. Sberbank deputy CEO Alexander Torbakhov, who oversees the retail business of Russia’s largest banking group, is stepping down and will be replaced by Svetlana Kirsanova, who today heads the lender’s acquiring and bank cards division, the bank has announced. Continue Reading
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, is researching blockchain technology but still does not use it in practice, CEO Herman Gref said this week. Continue Reading
By Andrei Skvarsky. PrimeXM, a financial technology provider with world-scale business, has announced it has appointed Andreas Charalambous as head of global sales. Continue Reading
By Andrei Skvarsky. The Arab Bank for Economic Development in Africa (BADEA), an institution owned by 18 Arab countries, has acquired a stake in the multinational Eastern and Southern African Trade and Development Bank (TDB). Continue Reading
By Andrei Skvarsky. Billions of dollars’ worth of deals were clinched during Africa Investment Forum, an event in Johannesburg on November 7-9 that brought together more than 1,000 people from 53 countries, including 23 non-African states, African Development Bank (AfDB) said. Continue Reading