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IASB Chairman: impairment requirement will result in change

2nd October 2015
Speaking at a conference in London, Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), said the forward-looking expected loss model in the new financial instruments Standard should provide investors with better insight on loan loss risks. The conference is the third annual event for financial services institutions organised jointly by the IFRS Foundation […]
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Bentham Europe announces it is coordinating a German shareholder action against Volkswagen AG

1st October 2015
Bentham Europe Limited (“Bentham”) notes that since the recent disclosures by Volkswagen AG (“Volkswagen”), its market capitalisation has reduced by some €25 billion and investors have seen the share price collapse from approximately €160 to €100. As a result, Bentham confirms that it is in discussions with institutional investors worldwide to fund a shareholder action […]
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Catella Bank issues SAS/MasterCard Eurobonus Travel Cash Card

1st October 2015
Catella Bank is the issuer of the MasterCard Eurobonus Travel Cash prepaid card, being launched by SAS. The new, innovative card will be the first co-branded multi-currency prepaid card in the airline industry in Europe. It is a multiple purse card that enables you to hold multiple currencies on the card at the same time. […]
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State Treasury in Finland chooses Tieto

30th September 2015
State Treasury in Finland has chosen Tieto as supplier for its case and document management system as result of a tender process. Delivery will take place early 2016 and the agreement is valid for five years. The new solution will be used in in all of State Treasury’s digital service processes in the future, supporting […]
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Price Bailey Launches Strategic Corporate Finance Subsidiary

29th September 2015
East Anglia-based chartered accountant and business advisor Price Bailey has announced the formation of a new subsidiary, Price Bailey Strategic Corporate Finance Limited. The new company is fully FCA approved and brings together the company’s established business strategy and corporate finance teams into a single unified unit, providing a unique combination in the mid-tier market. […]
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Liverpool SMEs should aim to float on stock exchange

28th September 2015
Liverpool needs to up its game when it comes to the number of SMEs floating on AIM, according to leading financiers. The head of AIM at London Stock Exchange, Marcus Stuttard, last night (September 23rd) addressed a business audience to encourage more Merseyside firms to consider becoming public companies. In the Liverpool City Region, six businesses […]
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Local Leicestershire business set to scoop a hat-trick of awards this year

25th September 2015
This year marks another exciting milestone for Evolve-IT Consulting Ltd, and their MD, Leanne Bonner-Cooke, as her business acumen and expertise in helping businesses to bring about sustainable, positive change have earned herself and the business nominations for not one, not two but three, prestigious awards. Founded in 2007, Evolve-IT Consulting Ltd are passionate about […]
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Jerrold Holdings becomes 'Together' in new unification

24th September 2015
Together is the new name for the financial services group previously known as Jerrold Holdings. The specialist lender, which offers residential and commercial mortgage loans to niche market segments underserved by mainstream lenders, believes that the new brand identity will affirm its status as a leading finance provider. The business has established itself over 40 […]
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Two thirds of companies are not complying with Ofcom’s Clear Calling Policy

23rd September 2015
Seven weeks after Ofcom introduced it rules on clear calling a survey shows that up to two thirds of companies, including household names, are not complying with the new rules. The new rules came into effect on July 1st and required companies using 084, 087, 09 or 118 numbers to display clearly the cost of […]
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SMEs Unlock Growth Potential by Focusing on New Horizons

22nd September 2015
UK businesses are significantly changing the way they strive for growth, with SMEs changing their focus from tighter management of financials to a heavier focus on diversifying their business and looking towards new markets to achieve growth. The latest findings from Hitachi Capital’s quarterly British Business Barometer, found over one in four (28%) SMEs are […]
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Torus Announces Rebranding to StarStone

21st September 2015
Torus, the global specialty insurer, today announces that it is changing its name to StarStone with immediate effect. The Company is also unveiling its new logo and brand identity. The Company's holding company name has changed to StarStone Insurance Holdings Limited. Its six insurance platforms in the Lloyd's and London markets, Continental Europe and the […]
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Alpha Insight rolls out into banking sector

18th September 2015
Alpha Insight, a UK fintech company with a three-year track-record of exceptional delivery, is looking to shake up the global financial sector through its real-time process monitoring and measurement solutions. Combining deep financial experience and technical monitoring skills, Alpha Insight successfully makes sense of millions of metrics, creating unrivalled end-to-end insight into financial organisations’ business […]
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