Jim Price Aero Financial | Financial Employee Advice Solution - Video Dailymotion: A money related organizer (otherwise called a monetary consultant) is a man or approved illustrative of an association, authorized by ASIC, to give exhortation on a few or these regions of your accounts: contributing, superannuation, retirement arranging, home arranging, hazard administration, protection and tax assessment.
Wednesday 5 July 2017
Tuesday 27 June 2017
James price aero financial | Banks partner with IBM for blockchain-backed trade finance
Deutsche Bank, HSBC and SocGen are among those working with the tech giant on the new initiative for SMEs
A group of seven European banking heavyweights has teamed up with technology giant IBM to create a blockchain-based platform aimed at simplifying trade finance for small and medium-sized businesses.
The Digital Trade Chain Consortium - comprising Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit - will work with IBM to use the technology to help SMEs in Europe manage, track and secure domestic and international trade transactions, according to a statement late yesterday. The consortium was created in January with the aim of building this type of platform.
The project is another example of partnerships being forged between banks that are normally in competition with each other, as financial institutions seek ways to use blockchain to solve business problems. Blockchain, a type of distributed ledger technology, creates a permanent record of transactions that cannot be erased. Many think the technology will be a game-changer for finance.
Marie Wieck, general manager at IBM Blockchain, said in a statement: "In working with hundreds of clients around the world on a diverse range of blockchain projects, trade finance has emerged as one of the strongest use cases for the technology. By addressing the SME market, which faces challenges in data sharing and access to capital, the Digital Trade Chain Consortium is pioneering a unique blockchain solution with the potential for widespread impact."
It is not IBM's first blockchain partnership with the finance sector. It has previously partnered with custody bank Northern Trust and Swiss asset manager Unigestion to bring blockchain to the private equity market.
The new trade finance platform will be hosted in the IBM Cloud and will be built on Hyperledger Fabric, an open source blockchain platform developed by the trade association the Linux Foundation. It is expected to launch by the end of the year.
The Digital Trade Chain Consortium - comprising Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit - will work with IBM to use the technology to help SMEs in Europe manage, track and secure domestic and international trade transactions, according to a statement late yesterday. The consortium was created in January with the aim of building this type of platform.
The project is another example of partnerships being forged between banks that are normally in competition with each other, as financial institutions seek ways to use blockchain to solve business problems. Blockchain, a type of distributed ledger technology, creates a permanent record of transactions that cannot be erased. Many think the technology will be a game-changer for finance.
Marie Wieck, general manager at IBM Blockchain, said in a statement: "In working with hundreds of clients around the world on a diverse range of blockchain projects, trade finance has emerged as one of the strongest use cases for the technology. By addressing the SME market, which faces challenges in data sharing and access to capital, the Digital Trade Chain Consortium is pioneering a unique blockchain solution with the potential for widespread impact."
It is not IBM's first blockchain partnership with the finance sector. It has previously partnered with custody bank Northern Trust and Swiss asset manager Unigestion to bring blockchain to the private equity market.
The new trade finance platform will be hosted in the IBM Cloud and will be built on Hyperledger Fabric, an open source blockchain platform developed by the trade association the Linux Foundation. It is expected to launch by the end of the year.
For More Information: Clare Dickinson
Saturday 17 June 2017
Jim Price Aero Financial | finance work in company
Jim Price Aero Financial - A career in finance isn't all about money,
but it's close. For the business graduate, Corporate finance jobs
involve working for a company in the capacity of finding and managing
the capital necessary to run the enterprise.
but it's close. For the business graduate, Corporate finance jobs
involve working for a company in the capacity of finding and managing
the capital necessary to run the enterprise.
Friday 5 May 2017
Jim Price Aero Financial - As ‘Brexit’ Tensions Rise, E.U. Proposal Targets London Finance
Valdis Dombrovskis, a European Commission vice president, in Brussels on Thursday. “In the context of Brexit, we see that the situation is changing,” he said. Credit Eric Vidal/Reuters
European Union officials fired an opening salvo on Thursday in a “Brexit”-related dispute that could threaten London’s status as the undisputed financial capital of Europe and affect hundreds of trillions of dollars’ worth of financial products.
In the course of a series of proposed technical changes, the European Commission, the executive arm of the 28-nation bloc, hinted that it may seek a more centralized role in supervising the complex financial contracts known as derivatives when they are denominated in euros. It also suggested that it could institute requirements that clearing houses, which act as middlemen in derivatives transactions, be located within the European Union.
Those rules, if enacted, could force clearing houses for derivatives to be regulated by European authorities even after Britain leaves the bloc, or to relocate part of their operations in order to avoid losing business to competitors.
The proposals, released in briefing documents on Thursday, form part of an increasingly heated negotiating process over Britain’s withdrawal from the European Union. Tensions have played out in recent days in newspapers in Britain and on the Continent.
In the course of a series of proposed technical changes, the European Commission, the executive arm of the 28-nation bloc, hinted that it may seek a more centralized role in supervising the complex financial contracts known as derivatives when they are denominated in euros. It also suggested that it could institute requirements that clearing houses, which act as middlemen in derivatives transactions, be located within the European Union.
Those rules, if enacted, could force clearing houses for derivatives to be regulated by European authorities even after Britain leaves the bloc, or to relocate part of their operations in order to avoid losing business to competitors.
The proposals, released in briefing documents on Thursday, form part of an increasingly heated negotiating process over Britain’s withdrawal from the European Union. Tensions have played out in recent days in newspapers in Britain and on the Continent.
“Of course, in the context of Brexit, we see that the situation is changing,” Valdis Dombrovskis, a vice president of the European Commission, said in a briefing announcing the proposals. Enhanced supervision of such markets had been in the pipeline for several years, he said, but Brexit made the proposals more urgent.
Prime Minister Theresa May of Britain has accused European officials of hardening their stances to “affect” the results of June 8 parliamentary elections. Her speech followed, among other things, a report in The Financial Times that European officials were preparing to ask for a payment of up to 100 billion euros, or about $109 billion, from London to cover its financial commitments as part of its exit.
The negotiations over the financial sector are particularly vital for London — the ability to serve Europe-based clients from London in the so-called single market has been a main driver of growth for Britain’s financial industry. Once the country leaves the bloc, that access will no longer be guaranteed: It will depend on the outcome of the talks.
One important question for financial companies has been the extent to which they will be able to clear and settle transactions in euros, including derivatives, outside the European Union.
Prime Minister Theresa May of Britain has accused European officials of hardening their stances to “affect” the results of June 8 parliamentary elections. Her speech followed, among other things, a report in The Financial Times that European officials were preparing to ask for a payment of up to 100 billion euros, or about $109 billion, from London to cover its financial commitments as part of its exit.
The negotiations over the financial sector are particularly vital for London — the ability to serve Europe-based clients from London in the so-called single market has been a main driver of growth for Britain’s financial industry. Once the country leaves the bloc, that access will no longer be guaranteed: It will depend on the outcome of the talks.
One important question for financial companies has been the extent to which they will be able to clear and settle transactions in euros, including derivatives, outside the European Union.
Derivatives are financial contracts linked to the future value of assets between two persons or companies. Usually tied to currency or interest rate fluctuations, they are designed to reduce risks for a company or individual holding the underlying asset and are often negotiated privately, rather than traded on an exchange as stocks are.
About three-quarters of all euro-denominated derivatives transactions are cleared through Britain, according to the European Union. Cleared over-the-counter derivatives contracts — privately negotiated transactions that were handled through a firm acting as a middleman — accounted for about $337 trillion worldwide in the first six months of 2016, according to the Bank of International Settlements.
But on Thursday, the European Commission offered a series of proposed technical changes related to the reporting of derivatives transactions. In briefing documents, it said that it would be necessary for firms that “play a key systemic role for E.U. financial markets” to be subject to “safeguards provided by the E.U. legal framework. This includes, where necessary, enhanced supervision at the E.U. level and/or location requirements.”
About three-quarters of all euro-denominated derivatives transactions are cleared through Britain, according to the European Union. Cleared over-the-counter derivatives contracts — privately negotiated transactions that were handled through a firm acting as a middleman — accounted for about $337 trillion worldwide in the first six months of 2016, according to the Bank of International Settlements.
But on Thursday, the European Commission offered a series of proposed technical changes related to the reporting of derivatives transactions. In briefing documents, it said that it would be necessary for firms that “play a key systemic role for E.U. financial markets” to be subject to “safeguards provided by the E.U. legal framework. This includes, where necessary, enhanced supervision at the E.U. level and/or location requirements.”
For More Information: CHAD BRAY and JAMES KANTERMAY
Tuesday 2 May 2017
james price aero financial - Stanford top in MBA ranking for jobs in finance
Alumni of California school achieve best salaries in high-paying sector
Stanford GSB’s full-time MBA is best for a career in finance, according to a new ranking published by the Financial Times today.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. The Californian school, known for its focus on entrepreneurship and self-development, came top in this ranking of the 50 best generalist MBA programmed worldwide for careers in finance. The ranking was based on responses of graduates working in finance three years after completing their MBA courses, to questions on a range of subjects including salary. Harvard Business School and Judge Business School ranked second and third.
Of all industry sectors, finance is the largest employer of top MBA graduates. Among the top 50 schools in the FT’s overall MBA ranking, more than a quarter (27 per cent) of the class of 2013 work in finance. This is 10 percentage points greater than the proportion of this year’s alumni working in consultancy, the next largest employer.
Of all industry sectors, finance is the largest employer of top MBA graduates. Among the top 50 schools in the FT’s overall MBA ranking, more than a quarter (27 per cent) of the class of 2013 work in finance. This is 10 percentage points greater than the proportion of this year’s alumni working in consultancy, the next largest employer.
The new list is not a ranking of specialized MBAs in finance. The FT used data collected in 2016 as part of the FT 2017 Global MBA ranking and included only those schools with more than 10 alumni working in finance among the respondents.
The programmed were assessed using 13 different criteria, including salary and salary increase of alumni, as well as career progression. The analysis also considered research published by the schools’ full-time faculty in five internationally recognized financial journals. The ranking took into account of the overall proportion of alumni employed in finance; the proportion of those who worked in finance before their MBA and remain working in finance; and the proportion of those who did not work in finance before their MBA, but who do so now.
Twenty-seven per cent of Stanford’s alumni work in finance. Those graduates have the highest annual salary among the top 50 schools at $266,000 a year, a 104 per cent increase on their per-MBA salary, on average. This compares with a weighted average salary of $160,000 a year for survey respondents, which also represents a 104 per cent increase. In addition, Stanford’s alumni ranked top for career progress (see ranking table key).
After graduating, as many alumni leave the finance sector as move into it. Overall, 15 per cent of students who previously worked in other fields joined the finance industry after their MBA, FT analysis shows.
“I transitioned from non-profit work into private equity,” said one graduate from Stanford. “I couldn’t possibly have done so without my MBA programmer — both the skills it imparted and the prestige of the university.”
Darden School of Business ranked 17th overall, but its graduates obtained the highest salary increase, with their annual earnings rising 151 per cent to $162,000 on average. Judge Business School is best for value for money while Kelley School of Business in Indiana, ranked 42, is best for career services. Alumni from Ross School of Business have the highest satisfaction rate at 91 per cent. Stern School of Business ranked number one for its research and was fourth overall.
Melbourne Business School has the most gender-balanced cohort, with 45 per cent of women, while all of Esade’s graduates were from overseas. Alumni from HEC Paris are the most internationally mobile, just ahead of those from Insead.
The 50 ranked schools are from 11 different countries, with more than half (27) in the US. The UK has the second-largest representation with six schools, including Saïd Business School, its other representative in the top 10, in seventh place. China, with four schools, has the third-largest group. Three of these are in Hong Kong and are ranked between 12 and 16.
The programmed were assessed using 13 different criteria, including salary and salary increase of alumni, as well as career progression. The analysis also considered research published by the schools’ full-time faculty in five internationally recognized financial journals. The ranking took into account of the overall proportion of alumni employed in finance; the proportion of those who worked in finance before their MBA and remain working in finance; and the proportion of those who did not work in finance before their MBA, but who do so now.
Twenty-seven per cent of Stanford’s alumni work in finance. Those graduates have the highest annual salary among the top 50 schools at $266,000 a year, a 104 per cent increase on their per-MBA salary, on average. This compares with a weighted average salary of $160,000 a year for survey respondents, which also represents a 104 per cent increase. In addition, Stanford’s alumni ranked top for career progress (see ranking table key).
After graduating, as many alumni leave the finance sector as move into it. Overall, 15 per cent of students who previously worked in other fields joined the finance industry after their MBA, FT analysis shows.
“I transitioned from non-profit work into private equity,” said one graduate from Stanford. “I couldn’t possibly have done so without my MBA programmer — both the skills it imparted and the prestige of the university.”
Darden School of Business ranked 17th overall, but its graduates obtained the highest salary increase, with their annual earnings rising 151 per cent to $162,000 on average. Judge Business School is best for value for money while Kelley School of Business in Indiana, ranked 42, is best for career services. Alumni from Ross School of Business have the highest satisfaction rate at 91 per cent. Stern School of Business ranked number one for its research and was fourth overall.
Melbourne Business School has the most gender-balanced cohort, with 45 per cent of women, while all of Esade’s graduates were from overseas. Alumni from HEC Paris are the most internationally mobile, just ahead of those from Insead.
The 50 ranked schools are from 11 different countries, with more than half (27) in the US. The UK has the second-largest representation with six schools, including Saïd Business School, its other representative in the top 10, in seventh place. China, with four schools, has the third-largest group. Three of these are in Hong Kong and are ranked between 12 and 16.
For More information:- Laurent Ortmans
Friday 17 March 2017
Mark Carney urges G20 to complete financial reforms - business live
Skyscrapers including the Cheese grater and the Gherkin in the City of London.
Photograph: Daniel Absorbing/AFP/Getty Images
Eur ozone posts trade deficit
The euro zone has posted its first trade deficit in the years.
Imported goods from the rest of the world surged by 17% year-on-year in January, to €164.5bn, according to Euro stat. Exports rose by 13% to €163.9bn.
This left the euro area with a deficit of €600m; the first since January 2014.
The euro zone has posted its first trade deficit in the years.
Imported goods from the rest of the world surged by 17% year-on-year in January, to €164.5bn, according to Euro stat. Exports rose by 13% to €163.9bn.
This left the euro area with a deficit of €600m; the first since January 2014.
The wider European Union posted a trade in goods deficit of €16.2bn in January (partly due to Britain).
That included a large trade deficit with China, but a larger surplus with the United States:
That included a large trade deficit with China, but a larger surplus with the United States:
High demand for energy in the winter months helped to cause Europe’s trade deficit, says Howard Archer of IHS Global Insight:
Imports can also be lifted appreciably in the winter months if colder than usual weather leads to a pick-up in energy imports.
However, the weakened traded goods performance in January will make it harder for net trade to contribute positively to Eur ozone GDP growth in the first quarter of 2017 after being a drag in the fourth quarter of 2016.
For More Information :- Graeme Wearden
Monday 6 March 2017
Jim Price Aero Financial | Banks could earn $332 million from wave of financial services deals
A spate of big deals by financial services companies in Europe could earn investment banks an estimated $332 million in advisory fees, with Goldman Sachs (GS.N) set to take the lion's share of the pot.
In the past two days, Standard Life (SL.L) revealed plans to buy Aberdeen Asset Management (ADN.L) and Deutschmark Bank (DBKGn.DE) said it would raise 8 billion euros ($8.48 billion) from investors, potentially generating a big payday for investment banks working on those transactions.
Earlier, British bank Shaw brook Group (SHAW.L) said it had received a $1 billion bid from two private equity firms.
Goldman Sachs, which secured a major role in all three deals, has pocketed the highest fees from investment banking in the first two months of 2017 and pushing usual top dog JPM organ (JPM.N) into third place.
The U.S. bank could earn between $18 and $24 million for advising Standard Life while an additional $13 to $18 million could come from its advisory work with Shaw brook, according to estimates from Freeman Consulting.
Aberdeen's corporate brokers, JPM organ and Credit Issue (CSGN.S), which advised the Scottish asset manager on its sale, could share proceeds of between $23 and 30 million.
But the biggest boost to investment banks' fees will come from Deutschmark Bank's 8 billion euro share sale which could pay advisers up to 260 million euros, according to Freeman Consulting, based on underwriting fees of between 2 and 3.25 percent of the total raised.
Goldman Sachs is one of eight banks underwriting Deutschmark's the rights issue alongside Credit Suisse, Barclays (BARC.L), BNP Pariahs (BNPP.PA), Commercialize (CBKG.DE), HSBC (HSBA.L), Morgan Stanley (MS.N) and Uni Credit (CRDI.MI).
The German bank will also pay more fees to a pool of banks underwriting the public offering of part of its asset management business, estimated at between 2.75 and 3.5 percent of the amount of money raised, according to Freeman.
Appetite for big takeovers and fundraising deals in the financial services industry remains strong even if some have run up against regulatory and political hurdles.
The long-awaited 29 billion euro merger of the London Stock Exchange (LSE.L) with German rival Deutschmark Boers (DB1Gn.DE) was expected to pay a combined $184 million in advisory fees. But this deal is hanging by a thread after LSE turned down demands from European antitrust regulators to sell a trading platform in Italy.
Since the start of the year, nearly $10 billion of financial services takeover deals have been announced in Europe, the Middle East and Africa (EMEA), with Britain accounting for almost half of the value, according to Thomson Reuters data.
In the past two days, Standard Life (SL.L) revealed plans to buy Aberdeen Asset Management (ADN.L) and Deutschmark Bank (DBKGn.DE) said it would raise 8 billion euros ($8.48 billion) from investors, potentially generating a big payday for investment banks working on those transactions.
Earlier, British bank Shaw brook Group (SHAW.L) said it had received a $1 billion bid from two private equity firms.
Goldman Sachs, which secured a major role in all three deals, has pocketed the highest fees from investment banking in the first two months of 2017 and pushing usual top dog JPM organ (JPM.N) into third place.
The U.S. bank could earn between $18 and $24 million for advising Standard Life while an additional $13 to $18 million could come from its advisory work with Shaw brook, according to estimates from Freeman Consulting.
Aberdeen's corporate brokers, JPM organ and Credit Issue (CSGN.S), which advised the Scottish asset manager on its sale, could share proceeds of between $23 and 30 million.
But the biggest boost to investment banks' fees will come from Deutschmark Bank's 8 billion euro share sale which could pay advisers up to 260 million euros, according to Freeman Consulting, based on underwriting fees of between 2 and 3.25 percent of the total raised.
Goldman Sachs is one of eight banks underwriting Deutschmark's the rights issue alongside Credit Suisse, Barclays (BARC.L), BNP Pariahs (BNPP.PA), Commercialize (CBKG.DE), HSBC (HSBA.L), Morgan Stanley (MS.N) and Uni Credit (CRDI.MI).
The German bank will also pay more fees to a pool of banks underwriting the public offering of part of its asset management business, estimated at between 2.75 and 3.5 percent of the amount of money raised, according to Freeman.
Appetite for big takeovers and fundraising deals in the financial services industry remains strong even if some have run up against regulatory and political hurdles.
The long-awaited 29 billion euro merger of the London Stock Exchange (LSE.L) with German rival Deutschmark Boers (DB1Gn.DE) was expected to pay a combined $184 million in advisory fees. But this deal is hanging by a thread after LSE turned down demands from European antitrust regulators to sell a trading platform in Italy.
Since the start of the year, nearly $10 billion of financial services takeover deals have been announced in Europe, the Middle East and Africa (EMEA), with Britain accounting for almost half of the value, according to Thomson Reuters data.
For More Information:- Pamela Barbaglia
