Independent assurance will make bank capital numbers more credible August 3, 2015 Capital ratios are the best indicator we have of a bank’s strength and resilience – and yet they are currently unaudited. Banks’ half-year results, published last week, showed that these ratios not only remain crucial for investors but are also used by management to drive business decisions. Return on risk-weighted assets has become a prominent [...]
After yesterday’s stock market bloodbath, is now a good time to invest in Greece? August 3, 2015 George Efstathopoulos, co-portfolio manager at Fidelity Solutions, says Yes As Greece’s equity market re-opened with a thud this week, it’s clear that the country continues to pose considerable risks to investors. While the likelihood of Grexit has subsided significantly, it remains a possibility, and markets are likely to see continued volatility over the coming months. [...]
All eyes are on the Canadian dollar in a data rich week – eToro tips & picks August 3, 2015 Many currencies have been struggling for direction of late, and the euro in particular has generated a news-flow fatigue. Currency markets have been tricky to judge over the last few weeks, and it doesn’t look like that is about to change any time soon. Euro-dollar has been struggling to jump any higher than $1.1150 and, [...]
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Fragile Wood on track to replace Anderson in fourth Ashes Test August 3, 2015 ENGLAND expect paceman Mark Wood to replace the injured James Anderson in the fourth Investec Ashes Test against Australia this week despite lingering fitness concerns of his own. Wood took part in two bowling sessions yesterday at Trent Bridge as he nurses an ankle problem that kept him out of the eight-wicket victory in the [...]
£9m Black Cats flop Wickham aims to change luck at Palace August 3, 2015 FORMER England Under-21 striker Connor Wickham is hoping a move back south will herald a return to form after he joined Crystal Palace from Sunderland in a deal worth up to £9m yesterday. Palace have agreed to pay an initial £7m for the 22-year-old, who scored 15 goals in 91 appearances for the Black Cats, [...]
Valencia gone til November August 3, 2015 WEST Ham forward Enner Valencia has been ruled out for at least 10 weeks despite doctors easing fears he may need an operation on his fibula. It was initially feared that Valencia would face six months out after he was carried off during last week’s Europa League 2-2 draw with Astra Giurgiu. He could be [...]
Sailing lessons in Croatia: Gaining a qualification with the kids in tow – what could possibly go wrong? Surprisingly little August 3, 2015 Regardless of your views about EU regulation, surely even Mr. Farage himself wouldn’t think it unreasonable to demand proof of a basic sailing licence before being able to charter a 15 tonne yacht? Until recently it was possible to turn up and hire a £500,000 yacht with your only qualification being a Breton top. No [...]
Cameron under fire over Calais migrant crisis: Chaos costing £1.5m a day in Kent as hauliers call for compensation August 2, 2015 Prime Minister David Cameron is facing fresh criticism over the government’s efforts to stop the chaos in Calais, as business leaders, politicians and humanitarian groups alike say the crisis is reaching a breaking point. Services through the French port have been disrupted for weeks, holding up trucks, trains and other forms of transport on both [...]
RSA hoping for better offer as bidders Zurich, Axa and Aviva circle August 2, 2015 Insurer RSA is hoping to attract a better offer than Zurich’s potential bid, revealed last week, with several other companies believed to be interested in entering the race for the troubled British firm. City analysts expect Zurich to make an offer of around 550p per share. That price would provide investors with a premium [...]
