Posts Tagged ‘banking’
Dubai International Financial Centre (DIFC)
The DIFC is the world’s newest international financial centre. It aims to develop the same stature as New York, London and Hong Kong.
It primarily serves the vast region between Western Europe and East Asia.
Since it opened in September 2004, the DIFC has attracted high calibre firms from around the globe as well as its region. A world-class stock exchange, the Dubai International Financial Exchange (DIFX), opened in the DIFC in September 2005.
The DIFC is a 110-acre free zone. It is part of the larger vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, together with the Government of Dubai, to create an environment for progress and economic development in the UAE and the wider region.
Sectors
The DIFC focuses on several sectors of financial activity: Banking Services (Investment Banking, Corporate Banking & Private Banking); Capital Markets (Equity, Debt Instruments, Derivatives and Commodity Trading); Asset Management and Fund Registration; Insurance and Re-insurance; Islamic Finance & Professional Service Providers.
Financial institutions may apply for licences in the above sectors. Firms operating in the DIFC are eligible for benefits such as a zero tax rate on profits, 100 per cent foreign ownership, no restrictions on foreign exchange or repatriation of capital, operational support and business continuity facilities.
Financial services in the DIFC are regulated to international standards by the Dubai Financial Services Authority (DFSA).
Duration : 0:5:49
Jing Ulrich Discusses China’s Yuan, Investment Strategy: Video
Feb. 23 (Bloomberg) — Jing Ulrich, chairwoman of China equities and commodities at JPMorgan Chase & Co., talks with Bloomberg’s Michael McKee about the outlook for the Chinese yuan.
Ulrich, speaking from Hong Kong, also discusses investment strategy for China. (This report is an excerpt. Source: Bloomberg)
Duration : 0:2:12
Subprime US Banking Financial Crisis Explained Part 3
http://www.informedtrades.com/
The 3rd and final lesson in a series on the subprime mortgage US Banking financial crisis explained.
Duration : 0:7:17
Rosenberg Says Bernanke Has Become `Super Transparent’: Video
Feb. 24 (Bloomberg) — David Rosenberg, chief economist at Gluskin Sheff & Associates Inc., talks with Bloomberg’s Betty Liu about Federal Reserve Chairman Ben S. Bernanke’s testimony before the House Financial Services Committee and the possible impact on the financial markets. (Source: Bloomberg)
Duration : 0:3:33
The Financial Crisis: Where Do We Go From Here?
Nouriel Roubini, Associate Professor of Economics and International Business, New York University; Brad W. Setser, Fellow for Geoeconomics, Council on Foreign Relations; Benn Steil, Director of International Economics, Council on Foreign Relations
Presider: Mort Zuckerman, Editor in Chief, U.S. News & World Report
(Sep 25, 2008 at the Council on Foreign Relations)
Duration : 0:57:9
WST: 7.2 Basic Financial Modeling – Valuation Model & DCF
Wall St. Training Self-Study Instructor, Hamilton Lin, CFA explains the basic valuation principles that apply to any asset. We take this to the next level by illustrating how the basic valuation model applies and is transferred to the DCF (discounted cash flow analysis) model to companies.
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Over 80 hours of online, interactive Self-Study Videos!
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Wall St. Training Self-Study provides online, video-based, self-study financial modeling training solutions to Wall Street. Our interactive course modules are Excel-based and specialize in advanced and complex financial modeling, valuation modeling, investment banking, mergers & acquisitions and leveraged buyout training topics. Enhance your skills and master the content required by Wall Street investment banks, M&A, research, asset management, credit, and private equity firms.
Duration : 0:9:59
Warren Says Commercial Real Estate Loans Pose Danger: Video
Feb. 11 (Bloomberg) — Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg’s Betty Liu about the outlook for community banks that have exposure to commercial real estate loans.
Warren, speaking from Newton, Massachusetts, also discusses the need for so-called stress tests on community banks. Commercial real estate loans have potential to go sour and wreck the U.S. economy unless regulators prepare now, according to a report from the watchdog for the federal financial rescue program. (Source: Bloomberg)
Duration : 0:4:21
Hart Says Swiss Banks Want `Clean Money’ Now: Video
Feb. 9 (Bloomberg) — Darlene Hart, chief executive officer of U.S. Tax and Financial Service Ltd., talks with Bloomberg’s Francine Lacqua about Switzerland’s banking industry and UBS AG’s agreement with the U.S. Justice Department to hand over client data on 4,450 accounts.
Switzerlands financial markets regulator challenged a court decision that it broke the law when ordering UBS to give client data to the U.S. (Source: Bloomberg)
Duration : 0:4:12
Pimco’s Gomez Sees `Good Investment Value’ in Poland : Video
Feb. 11 (Bloomberg) — Michael Gomez, co-head of emerging markets at Pacific Investment Management Co., talks with Bloomberg’s Margaret Brennan about his investment strategy for emerging-market debt.
Gomez also discusses the outlook for resolving Greece’s budget deficit crisis. (Source: Bloomberg)
Duration : 0:5:21
Cummings Says AIG Bonus Reductions Not a `Favor’ to U.S.: Video
Feb. 3 (Bloomberg) — U.S. Representative Elijah Cummings, a Maryland Democrat, talks with Bloomberg’s Peter Cook about American International Group Inc.’s payment of bonuses to its financial products division .
Employees in the bailed-out insurer’s financial products unit, which sold the derivatives that drove New York-based AIG to the brink of collapse, agreed to forgo about three-quarters of the $26 million in retention bonuses that the U.S. paymaster asked be forfeited, said people with knowledge of the matter.(Source: Bloomberg)
Duration : 0:3:17