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Credit crisis lessons
Editorial |
‘Deals of the Year’ nominations for 2008
2007 and so far in 2008 have seen a record number of deals nominated for the FINANCE Capital Markets Deals of The Year awards. The eight different categories: corporate finance, equity linked deals, capital issues, securitisations, private placements, project finance, loans and bonds all show the high level of expertise in the Irish market, evidenced by the innovation in many of the deal structures and efficiency of execution. Dislocation in credit markets could indicate a slower year ahead, yet deal volumes at 54 are significantly ahead of both quarter one 2006 and 2007, according to Ion equity’s M&A tracker in quarter 1 2008. With potential deals in the pipeline like the takeover of FBD by Eureko, deal activity this quarter has proved resilient showing that funds are available and trade buyers are completing strategic deals in current market conditions. |
Regional centre profile: Northern Trust, Limerick
Limerick was chosen as the location for Northern Trust’s satellite office. Influencing the decision were its sizable population, central mid-west regional location, its excellent transport infrastructure, and its access to a highly-skilled labour pool. |
Regional centre profile: BNY Mellon, Cork
Since it opened in February 08, the Cork office of BNY Mellon has offered a solution to the challenge of hiring quality financial employees. The company’s new business growth supported the expansion of its business in Ireland and the supply of high quality candidates in the region may lead the Cork office to nearly double the current level employed during the next two years |
Regional centre profile: Citi, Waterford
Citi Hedge Fund Services (Ireland), Limited, located in Waterford, houses 90 full time staff. Staff retention in the region is higher than Dublin with plenty of well educated professional graduates from the Waterford Institute of Technology. Plans are set for expansion with a new lease taken on more office space that could fit up to another 100 staff. |
Regional centre profile: Halifax, Shannon
Since 2001, Halifax Insurance Ireland Ltd has grown from 55 to over 300 staff at the end of 2007. Good infrastructure in the region such as the airport; and grants and support from Shannon Development have resulted in the continued growth of Halifax’s Shannon office. |
What asset class best meets my requirements?
Frank O’Brien, in an interview with FINANCE, outlines and analyses all asset classes. He says, in this bear market there is a hunger for alternative investments. He outlines the advantages and pitfalls alternative assets such as hedge funds and private equity pose. |
VAT on Fund Management - a changing European landscape
Niall Campbell comments on where Ireland sits in a changing European VAT landscape with regard to choice of fund management location. |
Could UK’s expatriate loss be Ireland’s gain?
John Bradley takes a look at the fundamental changes which the UK Chancellor has announced in relation to the tax regime applicable to non UK domiciled individuals who are resident in the UK and asks what opportunities, if any, they raise for Ireland. |
People skills as important as accounting qualifications in mergers & acquisitions
Rosemary Heydon is director in the corporate finance department of accountancy firm Farrell Grant Sparks, and is also active in the establishment of the firms new wealth management department. |
Regionalisation: career and job opportunities
FinanceJobs.ie in its monthly financial careers and jobs symposium examines regionalisation and the opportunities available to financial services professionals. |
Managing one of the funds industry’s biggest integrations
Susan Dargan, chief operating officer at State Street Ireland, discusses her role heading up the IBT integration from the State Street side and the challenges it poses for the operations of the company. This deal has added an additional 450 people to the company’s employee base and $85 billion in assets. |
In appreciation: Richard Keatinge
R?is?n Brennan pays tribute to Richard Keatinge. |
