| Who’s who in Finance: Raffaele Bertoni, Head of Fixed Income, Pioneer Investments Ltd |
Issue: 10 / 2005 |
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| ‘Cash is King’ - a Report on corporate liquidity management |
Issue: 09 / 2005 |
| With interest rates at historic lows, corporate treasurers are looking to yield-enhancing products such as range accruals to increase their cash management returns. |
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| €3.5 billion ECP programme for IIB |
Issue: 09 / 2005 |
| IIB Bank has launched a new €3.5 billion Euro Commercial Paper programme replacing a previous $2.5 billion programme. |
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| A Day in the Life: Julia Hoggett, global head of capital markets, DEPFA Bank |
Issue: 09 / 2005 |
| Running the long-term funding team for a bank such as DEPFA is an extremely varied job for Julia Hoggett, global head of capital markets. With a funding requirement of around €30 billion per year, DEPFA utilises a wide range of different capital markets, requiring day-to-day monitoring of the fixed income markets, an understanding of new structured products and an extremely active marketing effort. With a team of six people in Dublin and others about to join the team in Frankfurt, the aim is to raise these funds as efficiently and cost-effectively as possible. |
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| A question of cash |
Issue: 09 / 2005 |
| The cash decision is a richly layered one for investors, both money managers and corporate treasurers alike. Where interest rates are headed not only determines where you want to be along the curve, but is also perhaps the key driver of where you want to be as regards the wider range of other asset classes, equities, bonds, property, alternatives etc. for those who have that flexibility of mandate. In this sense, cash is something of a ‘gateway’ asset, writes Eugene Kiernan. |
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| Action is needed on post-IFSC regime |
Issue: 09 / 2005 |
| The end of 2005 will see the international financial services companies move out of the IFSC tax regime into the normal Irish tax regime. Many of the features of our normal tax system which will apply post-2005 need to be amended to ensure our tax system firstly remains attractive, in particular to the group finance, treasury and asset financing sectors, and secondly doesn’t fall foul of EU anti-discrimination provisions. |
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| Action is needed on post-IFSC regime |
Issue: 09 / 2005 |
| The Department of Finance needs to address some key issues in the Finance Bill 2006. |
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| BOI plans to double its domestic corporate business |
Issue: 09 / 2005 |
| Bank of Ireland Corporate Banking is ramping up both its domestic and international operations, with plans to grow its property business both at home and abroad. |
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| Books to get you back on track |
Issue: 09 / 2005 |
| With days spent lying by the pool reading ‘The Da Vinci Code’ now just a distant memory, this month, to help you ease back into working mode, we take a look at some of the top business books on the shelves at the moment, including FT columnist Lucy Kellaway’s hilarious look at today’s office workers, ‘Martin Lukes: Who Moved My Blackberry?’, which almost qualifies as a pool-side read. This month’s reviewers: Gavin Hickie and Fiona Reddan. |
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| Careers in Finance & Financial Services: fund administration |
Issue: 09 / 2005 |
| Dublin is the best location in the world in which to develop a career in fund administration, says Harley Murphy, newly appointed country manager of Mellon Ireland. He first entered the industry in 1999 when he joined Mellon Fund Administration Dublin as managing director, and advises those looking to get ahead in the industry, to see how the industry is changing and then, ‘get as much experience as you can in those areas that are developing within the industry’. |
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| Careers in funds offer continuous salary progression |
Issue: 09 / 2005 |
| Entry level salaries in the funds industry start at around €23,000, but for those at manager level, salaries can reach up to €90,000, with those working on the risk side getting paid considerably more than those in fund administration/accounting. |
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| CDs as a tool for cash management and funding |
Issue: 09 / 2005 |
| Since a rule change in the Finance Act 2003, which made it possible for Irish resident financial institutions to issue certificates of deposit (CD) to Irish investors, a number of Irish based financial institutions have availed of the opportunity to issue including EBS, Depfa Bank and UniCredito Italiano Bank (Ireland) plc. In this, our annual update on CDs, we present a Questions & Answers session, where key industry players – Mark Whelan, Caroline O’Connor and John Whelan of EBS; John O’Farrell of UniCredito Italiano Bank (Ireland) plc; Hugh Beattie of McCann Fitzgerald; Christopher Amott of JP Morgan and Damien O’Donoghue of Bank of New York, discuss the main issues in the market, including CDs as a cash management tool, and new types of product emerging. |
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| CIT chooses Dublin for workforce/tax benefits |
Issue: 09 / 2005 |
| CIT Aerospace International, the latest entrant in Ireland’s aviation finance sector, chose Ireland for its employment and corporate tax advantages. |
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| Date for your diary - 28th-29th November 2005, The Burlington Hotel, Dublin |
Issue: 09 / 2005 |
| The Finance Dublin Securitisation Conference 2005 Investment and Issuance: Debt, ABS and Credit. |
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| Decisions need to be based on whether after tax returns from cash management are trading or non-trading? |
Issue: 09 / 2005 |
| Most corporates will be involved in cash management activities to some extent. Given the differential between the corporation tax rate applicable to trading and non-trading income, it is important that treasury managers are aware that the returns from their cash management and treasury activities may not necessarily be taxable as trading income, writes Jean O’Sullivan. |
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