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21 Aug 2013

Finance panel skips council session anew

Mercedes-Benz Financial is a subsidiary of Daimler Financial Services Group, and it has two business operations in China, namely, Mercedes-Benz Auto Finance Ltd. and Mercedes-Benz Leasing Co., Ltd. In 2011, Mercedes-Benz Financial covered nearly 400 cities and more than 200 dealers in China. In June 2012, Daimler Financial Services Group set up Mercedes-Benz Leasing Co., Ltd. in China to carry out rental and leasing business.

He said the ADB appreciated the bold steps taken by the PML-N government for reviving the economy specially for successfully clearing the circular debt which was crucial for bringing in new investors and financing in...



21 Aug 2013

KKR Forms Maritime Finance Company

This month he became the second holder of that office in a row to leave it for a job at Kelmar Associates, which conducts the bulk of the audits ordered by the escheators office , writes CFOJs Vipal Monga in todays Marketplace section. Under Mr. Udinski, Delaware developed a reputation for aggressively pursuing companies for unclaimed property. During his tenure, the state collected $2.2 billion of such property. Mr.

About KKR Financial Holdings LLC KKR Financial Holdings LLC is a specialty finance company with expertise in a range of asset classes. KFN's core business...



20 Aug 2013

This is the third consecutive year the finance department has received this award, Dussom said. A lot of time and dedication by staff goes in to achieving something like this; its a testament to our department. For budgets including fiscal period 2012, more than 1,340 entities are expected to receive the award. St. Charles Parish is one of fewer than 10 parishes to receive the award this year in Louisiana. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Introducing “Government Finance Quasi-Capitalism”

Securities broker/dealer assets rose from $236bn to $1.0...



20 Aug 2013

Polish PM plans to replace Finance Minister Rostowski within months: sources

Related Stories Readers sound off on July 4th fireworks, MTA steel and Michael Jackson The city finance commissioner is leaving his post to take over the scandal-scarred Metropolitan Council on Jewish Poverty. At the end of September, David Frankel is slated to replace William Rapfogel, 58, who last week was fired from the nonprofit organization he headed for 21 years amid allegations of financial shenanigans. The Met Council did not immediately reveal what Frankels salary would be. Rapfogel, who made $417,000 a year, was canned after the Mets board found financial irregularities under his tenure.

Finance Pros...



19 Aug 2013

Finance Pros Are Going Nuts Over A New Database That Lets Them Compare Their Compensation Anonymously

sumzero compensation Sources told Reuters on Friday Tusk was planning to dismiss Finance Minister Jacek Rostowski as part of a major cabinet reshuffle planned in a few months' time to help rebuild the flagging support for the ruling Civic Platform party. "In my opinion, whether Minister Rostowski will remain in the government will be decided in November at the earliest," Piechocinski told public radio. State television broadcaster TVP quoted a government spokesman as saying reports of Rostowski's departure were mere speculation and no decisions about individual ministers would be made until the middle of the government's...



19 Aug 2013

Ethica Launches Master Class Series to Teach AAOIFI's Islamic Finance Standards

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Islamic finance courses create a buzz in Malabar

Ethica's spokesperson said, "Professionals want practical knowledge, not theory. Learning AAOIFI standards from a practitioner who has years of experience of actually working inside an Islamic...



17 Aug 2013

The New York Post reports that Mayer's next big tackle is the popular finance site, which will be retooled and enhanced for mobile. I wholeheartedly agree that the Yahoo! Finance app needs a major overhaul, and I'm glad if Mayer is going to tackle this as her next job. However, the desktop site is pretty good as it is. It could use a little tweaking, but please no major overhaul.

Barclays Finance Chief Resigns Earlier on Health Reasons

Barclays CFO Chris Lucas Unhelpful Timing Its unhelpful timing for Barclays, said Ian Gordon , an analyst at Investec Plc (INVP) in London , who has a buy recommendation on the shares. However, there should be no impact on the rights issue next month, he said. Barclays...



15 Aug 2013

French finance minister confirms 'end of recession'

Lucas, who had initially planned to retire in February, cited his health as a key factor behind his decision. I want to do the right thing by Barclays, my family, and myself, and therefore I have reached the difficult decision to step down sooner, Lucas said in the statement. I feel confident that I leave Barclays financially robust and well placed to continue to serve its customers, clients, shareholders and other stakeholders. Lucas was among four past and present employees to be probed by regulators over whether Barclays adequately disclosed fees paid to the Qatar Investment Authority as part of a 7 billion-pound fundraising during the financial...



14 Aug 2013

Serbia may hire McKinsey consultant as finance minister -source

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Unicoi finance committee makes cuts to nonprofit groups

Serbian Yale graduate Lazar Krstic, who is about 30, met Serbian deputy Prime Minister Aleksandar Vucic in Belgrade on Monday, the source said, and Serbian daily Blic said talks would continue over the next few days...



14 Aug 2013

Finance and Accounting Employee Confidence Index Soars in Q2 as Macroeconomic Confidence Improves

Barclays declined to comment on the report. () Lucas, aged 52, announced his retirement in February. The bank announced in July that JPMorgan executive Tushar Morzaria would take over as finance director in February next year.

International Finance Magazine Invites Nominations for Brokerage Awards for the Year 2013

This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact Lesly.cardec@randstadusa.com. About The Mergis GroupThe...