1. Standard Chartered Bank Standard Chartered PLC is a British multinational banking and financial services company headquartered in London‚ United Kingdom. It operates a network of over 1‚700 branches and outlets (including subsidiaries‚ associates and joint ventures) across more than 70 countries and employs around 87‚000 people. It is a universal bank with operations in consumer‚ corporate and institutional banking‚ and treasury services. Despite its UK base‚ around 90% of its profits come
Premium Bank Banking Financial services
The Mauritian Economy: 2012 Outlook Executive Summary Bracing for another storm While the Mauritian economy has been resilient thus far‚ the flip-flops in select Government policies have sent mixed signals to both the private sector and potential investors. Nonetheless‚ the economy grew at an estimated 4% in 2011 driven by a resurgent textile industry‚ and a strong performance by the financial sector. A year ago we had believed that the worst was behind; however‚ the issues surrounding the
Premium Inflation Mauritius Financial services
International Strategic Management 1. Legislation and regulatory rules in the industry Bilateral air service agreements remain the primary vehicles for liberalizing international air transport services. In the past 15 years more than 157 “open skies” agreements have been concluded between 96 states‚ the US being one of the states in 82 of the cases. Along with the continuing liberalization of air transport regulation‚ the protection and improvement of airline passenger rights has gained
Premium Airline Low-cost carrier
International Money and Finance‚ 2012: 267-291. Boutchkova‚ Maria‚ Hitesh Doshi‚ Art Durnev‚ and Alexander Molchanov. ""Precarious politics and return volatility." Review of Financial Studies‚ 2012: 1111-1154. De Grauwe‚ Paul. ""Managing a fragile Eurozone." In CESifo Forum‚ vol. 12‚ no. 2." Institute for Economic Research at the University of Munich‚ 2011: 40-45. Filjar‚ Renato‚ Gérard Segarra‚ Ilinca Vanneste‚ Pavao Britvic‚ and Krešimir Vidovic. Satellite Positioning for eCall: An Assessment of
Premium Foreign exchange market Risk Exchange rate
and again in 2010 by 0.1%. It grew by 0.7% in 2011. By the 1st quarter of 2012‚ Spain was officially in recession once again. The Spanish government forecasts a 1.7% drop for 2012. The provision of up to €100bn of rescue loans from eurozone funds was agreed by eurozone finance ministers on 9 June 2012. As of October 2012‚ the so-called Troika (European Commission‚ ECB and IMF) is in negotiations with Spain to establish an economic
Premium Spain Unemployment European Union
The European Union was formed in February 1992 with the signing of the Maastricht Treaty. It consist of originally twelve members Belgium‚ Denmark‚ France‚ Greece‚ Ireland‚ Italy‚ Luxembourg‚ Netherlands‚ Portugal‚ Spain‚ United Kingdom‚ and Germany. Those twelve members originally formed the European Union until 1995 when three other countries joined the Union Austria‚ Finland‚ and Sweden. The European Union currently is formed of twenty-five members with the ten new members Cyprus‚ Malta‚ Czech
Premium European Union Euro
PESTLE Political * Political insatiability affects the sales of the automobile industry. The political instability has a direct impact on the sales of the automobile industry. When there is a political unrest the purchasing power of the individuals in the particular area goes down. * Government support towards the industry favourably. This industry is the 6th largest industry in the world and brings out a lot of revenue and creates employment opportunities. Therefore governments tend
Premium Automotive industry Automobile Renault
Developing nations are usually countries that lack stability‚ whether politically or financially. Intervention in such nations may prove to be helpful in such cases‚ as it may ensure an increased stability within the country. This is much needed in developing nations‚ as stability is key to economic prosperity. However‚ intervention in the internal affairs of another nation may undermine the country’s sovereignty‚ rendering foreign intervention undesirable‚ as it does more harm than good from the
Premium United Nations Human rights
UNCOVERED INTEREST PARITY Let us take a simple example in order to understand uncovered interest parity condition. The interest rate in the Eurozone for one year is slightly above 4% when compared to Czech interest rate which is less than 3% for one year. But despite still having negative interest rate differential we can see many investors still preferring and holding Czech assets. This is because financial market participants expects the Czech crown shall appreciate in the future and are ready
Premium Investment Economics
INTRODUCTION - SOME HISTORY about ROMANIA Before World War II‚ Romania was Europe’s second-largest food produce. In 1938‚ per-capita national income reached $94‚ surpassing other present-day developed European countries such as Greece ($76) or Portugal ($81). However‚ the Romanian economy still lagged behind its Western European counterparts. The GDP of Romania between 1870 and 2008 in dollars. After World War I‚ the application of radical agricultural reforms and the passing of a new constitution
Premium World War II European Union Gross domestic product