| Finance director’s role has ‘changed beyond recognition’ |
Issue: 11 / 2005 |
| Irish finance directors in companies are under more pressure than ever before and the nature of their jobs has changed dramatically, according to new research released by recruitment firm Robert Half Finance & Accounting. |
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| FINANCE Stockbroking Survey 2005: Davy is still in pole position |
Issue: 11 / 2005 |
| Davy Stockbrokers has once again out-performed all other stockbroking firms in the 2005 FINANCE Stockbroking Survey. However, as in 2003, Goodbody Stockbrokers has come away with one of the top titles, ‘Best Irish Equity Research Overall’. Newly acquired Merrion Capital also polled very strongly, with Robert Brisbourne taking ‘Research Report of the Year’, and ‘Analyst of the Year’. |
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| Financiers feature strongly in new forum |
Issue: 11 / 2005 |
| The financial services industry is well represented in a new forum established by the Minister for Enterprise Trade and Employment Miche?l Martin to encourage high level dialogue on regulation and administrative burdens. |
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| Flat tax |
Issue: 11 / 2005 |
| A flat rate tax is not a new idea, but it is an idea with a head of steam behind it these days. What relevance does it have to Ireland? May we stumble into having it anyway? Would its adoption elsewhere in the EU affect us? |
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| FRS 17 and its impact on the bottom line |
Issue: 11 / 2005 |
| Pension costs disclosures under FRS17 will no longer form part of the notes to companies’ financial statements for years commencing on or after 1 January 2005, but will directly impact the bottom line. Kathy Murphy discusses the impact of the reporting requirements on company’s finances. |
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| Government can give away up to €2 billion on Budget day |
Issue: 11 / 2005 |
| Robbie Kelleher this year’s ‘Best Research Economist’ according to the Finance Stockbroking survey 2005, reckons that the Minister for Finance Brian Cowen could give away as much as €2 billion in tax incentives in Budget 2006, and still target a deficit that is not much more than 0.5 per cent of GDP. Kelleher would also welcome the expected removal of property tax breaks, as well as introducing some innovation with regards to the micro-economy, particularly by introducing some real transport incentives, as the recent ‘Transport 21’ plan announced by the Government was ‘less than encouraging’, he writes. |
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| Increasing demands for disclosure |
Issue: 11 / 2005 |
| There is increasing complexity in the activities of many companies, particularly at the larger end of the scale, the demand for increased disclosure is a major contributor. It is considered essential by many investors and analysts that the financial statements are accompanied by management commentary to give readers a valuable insight into management views of the main trends and factors underlying the current position, performance and future development of the entity’s business, writes Marguerite Larkin. |
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| Innovative energy deal for Edenderry |
Issue: 11 / 2005 |
| Edenderry Power Limited, the Offaly-based power station, has entered an agreement with Bank of Ireland to supply emission allowances at a monthly average rate, in a deal which is believed to be the first of its kind in the European Emissions Trading Scheme (EUETS). |
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| Investing in certificates of deposit |
Issue: 11 / 2005 |
| An introduction to adding certificates of deposit to your investment portfolio. |
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| Merrion's trade sale reflects a sharp upswing in stockbroking values |
Issue: 11 / 2005 |
| The purchase by top Icelandic bank Landsbanki of Merrion Capital, reflects a general rise in stockbroking profits in the past year as well as Merrion's own performance, which is confirmed also in this year's Finance Magazine survey (see elsewhere on this page). |
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| MH&C expands asset finance division |
Issue: 11 / 2005 |
| Mason Hayes & Curran has appointed Christine O’Donovan as a partner in the financial services department to spearhead the growth of the firm’s international asset finance business, principally in the area of aviation. |
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| New member firm on ISE |
Issue: 11 / 2005 |
| NeoNet Securities, the Swedish electronic discount broker, has been admitted to the Irish Stock Exchange (ISE) as a trading member. The admission of NeoNet Securities brings to 25 the number of trading member firms on the Exchange, and further new memberships are expected in the coming months. |
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| New trade finance service |
Issue: 11 / 2005 |
| AIB Global Treasury Services has launched TradeAccess, a new internet-based trade finance service designed to automate and simplify the manual activities traditionally associated with international trade finance transactions. |
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| Securitisation: AIB readies 4th CLO deal |
Issue: 11 / 2005 |
| AIB Capital Markets is to launch its fourth European collateralised loan obligation (CLO) deal, the E350 million Boyne Valley, B.V. |
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| Socially responsible investment – the future of investment? |
Issue: 11 / 2005 |
| Socially Responsible Investment (SRI) has evolved considerably since the early days of ‘ethical investment’, and is becoming a more accepted mainstream option, illustrated by the Church of Ireland’s recent decision to sell €5 million of CRH shares because of its involvement in the construction of the Israeli security wall in the West Bank, Ellen Bailey of Mercer Investment Consulting writes. |
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