Impact Of Tax Amnesties On Offshore Financial Services

A new report provides detailed analysis of the Finance and Banking market This report introduces Datamonitor’s proprietary Tax Amnesty Assessment Index. It is a quantifiable assessment framework of 15 criteria, grouped within five critical amnesty conditions, that can be used by offshore banks to determine the likely impact of any announced amnesty on their assets … Read more

New Hedge Funds

The list of hedge firms launching Ucits III-compliant Newcits hedge funds continues to grow, as five more are revealed. Those announcing Newcits plans this week include Toscafund, Frankfurt-based Trycon GCM, Cheyne Capital and Castlestone Management, while Merchant Capital and Spanish platform Tressis have also teamed up for a new long/short fund. According to Reuters, Toscafund … Read more

Wirecard for Payment Solutions

Online Specialist Discounter for Electrical and Electronic Appliances Opts for Payment Solutions From a Single Source MUNICH and GRASBRUNN, Germany, April 11, 2010 – redcoon GmbH, headquartered in Aschaffenburg, has decided in favor of the payment services of Wirecard AG. The redcoon company has meanwhile become one of the leading European specialist discounters for entertainment … Read more

Offshore Savings Plan

New Fixed Rate 5 Year Offshore Savings Plan (account) Offers 4.5%Gross/AER ST HELIER, Jersey, April 9, 2010 – A new sterling 5-Year Fixed Rate Saver account offering 4.50% gross/AER has been launched by Jersey based Abbey International. The account is aimed exclusively at new and existing Premium Banking clients. Premium Banking from Abbey International is … Read more

Shift of Gas Producers to Oil Investment

SandRidge Energy’s agreement this week to acquire Arena Resources, a producer of conventional oil in West Texas, for $1.6 billion is the latest example of natural gas companies seeking to balance their portfolios with more oil as the two resources decouple in price. Natural gas prices have fallen more than 25% this year to below … Read more