Changes needed says Central Bank Governor |
Issue: 10 / 2007 |
Increased transparency is needed to avoid a recurrence of this summer’s turbulence says John Hurley. |
|
Collins Stewart looks to funds |
Issue: 10 / 2007 |
It seems that no Irish based stockbroking firm is now complete without its own fund management operation. |
|
Credit firms set for a ‘hiring freeze’ |
Issue: 10 / 2007 |
The effect on the credit and liquidity crisis is being felt in Dublin as credit institutions in the IFSC are putting a ‘hiring freeze’ in place, according to David Hannon of Deloitte Executive Search and Selection. |
|
Dublin jumps ahead of rivals |
Issue: 10 / 2007 |
By jumping up seven places Dublin is now ranked as a more important financial centre than key rivals according to a new survey. Dublin has over-taken close competitors the Channel Islands, Bermuda and the Cayman Islands in a global financial services centres league table. |
|
Economists urge restraint |
Issue: 10 / 2007 |
Following the publication this month of OECD statistics that show Ireland’s tax take as a percentage of GDP rising among the fastest in the OECD area last year, a panel of Ireland’s leading economists polled in this month’s FINANCE urges spending restraint, particularly in current expenditure. |
|
Editorial |
Issue: 10 / 2007 |
Comments from the editor |
|
Final preparations underway as MiFID deadline looms |
Issue: 10 / 2007 |
With the deadline for the implementation of the Markets in Financial Instruments Directive (MiFID) looming, Kevin O’Doherty looks at the preparations member states are putting in place to meet the November 30th D-day. He also looks at the effects of implementation for financial services companies with cross border interests, noting the good work of the Financial Regulator in its approach to MiFiD. |
|
Financial exports at 37 per cent |
Issue: 10 / 2007 |
Ireland’s international financial services industry accounted for over a third of total Irish services exports, the Taoiseach, Bertie Ahern pointed out this month. |
|
First graduates emerge from Citi programme |
Issue: 10 / 2007 |
One year on from the launch of the Citi Certificate in Applied Financial Services, the first 80 students of this course have graduated. |
|
IACT conference addresses the credit crisis |
Issue: 10 / 2007 |
The 2007 conference on Corporate Treasury & Cash Management organised by the Irish Association of Corporate Treasurers (IACT) saw treasurers addressing the main issues of the day, notably the effect of the credit and liquidity crisis on the profession, and the general economic outlook for treasurers. Topics as diverse as global warming and pension risk were also covered at the two-day event. |
|
Intervention in the air |
Issue: 10 / 2007 |
Tony Ryan was one of the founders of a global industry - aviation finance - which, as other articles in this issue indicate, is now a jewel in the crown of the Irish financial services industry and indeed the economy. By 1987, his aircraft leasing venture had taken flight and his entrepreneurial thoughts were turning to aviation itself. In August of that year he contributed the below article to Finance, then in its third month. Twenty years later his thoughts remain remarkably topical, as well, of course, as prophetic regarding the potential of deregulated commercial aviation in Europe. |
|
Ireland is back |
Issue: 10 / 2007 |
The Republic of Ireland returned to the debt markets with a bang on October 16th when its €6 billion bond was heavily over-subscribed. |
|
Ireland set to both gain and lose as offshoring increases |
Issue: 10 / 2007 |
Financial institutions looking to offshore their operations may not be looking to Ireland as a location of choice any longer, although the value created by existing operations is unlikely to see them leave for a lower cost location, according to a recent survey by Deloitte. In addition, Ireland is being increasingly seen as a location for higher value operations looking for an alternative location, leading to the creation of more skilled jobs. |
|
Irish treasurers are now able to access first zero interest synthetic currency |
Issue: 10 / 2007 |
The first synthetic currency with a zero interest rate and optimisation features is due to be introduced following months of research and strong client demand for improved foreign exchange (FX) borrowing structures. Ciaran Kane details the implemenatation of the European Borrowing Unit (EBU) and lists its benefits, advantages and risks. |
|
Managing growth successfully |
Issue: 10 / 2007 |
As managing partner of Deloitte, Pat Cullen leads a team of 46 partners and over 1,000 people providing audit, tax, consulting and financial advisory services to a range of both domestic and multinational corporations. |
|