DOCSLIB.ORG

Annual Report & Accounts 2011

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report & Accounts 2011 Annual Report & Accounts 2011 Annual Report & Accounts Annual Report & Accounts 2011 www.euromoneyplc.com Euromoney Institutional Investor PLC Nestor House, Playhouse Yard, London EC4V 5EX Euromoney Institutional Investor PLC Euromoney Institutional Investor PLC 20899-04 12/12/2011 Proof 8 20899-04 12/12/2011 Proof 8 Euromoney Institutional Investor PLC Annual Report and Accounts 2011 www.euromoneyplc.com Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors. The group publishes more than 70 titles in both print and on-line format, including Euromoney, Institutional Investor and Metal Bulletin, and is a leading provider of electronic research and data under the BCA Research, Ned Davis Research and ISI Emerging Markets brands. It also runs an extensive portfolio of conferences, seminars and training courses for financial markets. The group’s main offices are in London, New York, Montreal and Hong Kong and more than a third of its revenues are derived from emerging markets. Details of the group’s legal entities can be found in note 14. ContentsContents Our Performance Group Accounts Highlights 01 Independent Auditor’s Report 53 Our Divisions 02 Consolidated Income Statement 54 Chairman’s Statement 04 Consolidated Statement of Comprehensive Income 55 Appendix to Chairman’s Statement — Consolidated Statement of Financial Position 56 Reconciliation of Group Income Consolidated Statement of Changes in Equity 57 Statement to Underlying Results 06 Consolidated Statement of Cash Flows 59 euromoneyplc.com Directors’ Report 07 Note to the Consolidated Statement of Cash Flows 60 Notes to the Consolidated Financial Statements 61 Queen’s Award for Enterprise 2008 in the International Category Our Governance Company Accounts Directors’ Responsibility Statement 23 Independent Auditor‘s Company Report 119 Directors and Advisors 24 Company Balance Sheet 120 Novatech Matt A white coated paper and board Corporate Governance 26 Notes to the Company Accounts 121 made using 100% ECF pulp Corporate Social Responsibility 32 Other Directors’ Remuneration Report 38 Five Year Record 131 Financial Calendar and Shareholder Information 132 20899-04 12/12/2011 Proof 8 20899-04 12/12/2011 Proof 8 Euromoney Institutional Investor PLC Annual Report and Accounts 2011 www.euromoneyplc.com Highlights HighlightsRecord Profits Record Profits Our Performance “The environment’s getting tougher and more volatile revenues like advertising have shown signs of weakness, but cash flows are very strong and the immediate outlook is fairly positive.” Padraic Fallon Chairman Our Governance Revenue Adjusted Operating Profit* Operating Profit £363.1m £109m £77.8m 363.1 109.0 82.1 77.8 317.6 330.0 100.1 79.4 27.2 2009 2010 2011 2009 2010 2011 2009 2010 2011 Adjusted Profit before Tax* Profit/(Loss) before Tax Adjusted Diluted Earnings Accounts Group £92.7m £68.2m Per Share* 56.1p 92.7 71.4 86.6 68.2 53.5 56.1 63.0 40.4 2009 2010 2011 (17.4) 2010 2011 2009 2010 2011 2009 Diluted Earnings/(Loss) Dividend Net Debt Per Share 18.75p £119.2m 37.3p Company Accounts 49.5 18.0 18.75 165.1 37.3 14.0 128.8 119.2 (6.7) 2010 2011 2009 2010 2011 2009 2010 2011 2009 * See reconciliation of Consolidated Income Statement to adjusted results on page 6. 01 20899-04 12/12/2011 Proof 8 Euromoney Institutional Investor PLC Annual Report and Accounts 2011 www.euromoneyplc.com Our Divisions Activities FINANCIAL PUBLISHING TRAINING 23% 9% of group of group £83.8m Revenue turnover £32.5m Revenue turnover Financial publishing includes an The training division runs a extensive portfolio of titles covering comprehensive range of banking, the international capital markets as finance and legal courses, both public well as a number of specialist financial and in-house, under the Euromoney titles. Products include magazines, and DC Gardner brands. newsletters, journals, surveys and research, directories, and books. Courses are run all over the world for both financial institutions and corporates. In addition A selection of the company’s leading financial the company’s Boston-based subsidiary, MIS, runs a brands includes: Euromoney, Institutional Investor, wide range of courses for the audit and information EuroWeek, Latin Finance, Asiamoney, Global security market. Investor, Project Finance, Futures & Options World and the hedge fund titles EuroHedge, InvestHedge, AsiaHedge and AR. BUSINESS PUBLISHING 16% of group £59.5m Revenue turnover The business publishing division Principal Brands produces specialist magazines and other publications covering the metals and mining, legal, telecoms and energy sectors. Its leading brands include: Metal Bulletin, American Metal Market; International Financial Law Review, International Tax Review and Managing Intellectual Property; Capacity; Petroleum Economist, World Oil and Hydrocarbon Processing. 02 20899-04 12/12/2011 Proof 8 Euromoney Institutional Investor PLC Annual Report and Accounts 2011 www.euromoneyplc.com Our Divisions CONFERENCES and SEMINARS RESEARCH and DATA Our Performance 24% 28% of group of group £86.2m Revenue turnover £104.3m Revenue turnover The group runs a large number The group provides a number of of sponsored conferences and subscription-based research and data seminars for the international services for financial markets. financial markets, mostly under the Euromoney, Institutional Investor, Montreal based BCA Research is one of the world’s Metal Bulletin and IMN brands. leading independent providers of global economic research. During the year, the group expanded its Our Governance Many of these conferences are the leading independent research activities with the acquisition annual events in their sector and provide sponsors of US-based Ned Davis Research, a leading provider with a high quality programme and speakers, of independent financial research to institutional and outstanding networking opportunities. Such and retail investors. The company’s US subsidiary, events include: The Global Borrowers and Investors Internet Securities, Inc. provides the world’s most Forum; the Annual Global Hedge Fund Summit; comprehensive service for news and data on global the European Airfinance Conference; the Super emerging markets under the Emerging Markets Bowl of Indexing®; and Global ABS and ABS East Information Service (EMIS) brand, and also includes for the asset–backed securities market. In the CEIC, one of the leading providers of time-series energy sector, the group runs the world’s leading macro-economic data for emerging markets. The annual coal conferences, Coaltrans and Coaltrans group also offers global capital market databases Asia; TelCap runs International Telecoms Week, the through a venture with its AIM-listed partner, worldwide meeting place for telecom carriers and Dealogic plc. Accounts Group service providers; and MIS runs a leading event for the information security sector in the US, InfoSec World. Ned Davis Research Company Accounts Group 03 20899-04 12/12/2011 Proof 8 Euromoney Institutional Investor PLC Annual Report and Accounts 2011 www.euromoneyplc.com Chairman’s Statement Padraic Fallon In 2012 your company is expected to pass a significant milestone in its We have, as we said we would, continued with the strategy of developing longer-term strategy to increase the quality of its earnings, when revenues as a robust and tightly focused global online information business from subscriptions will exceed half of the total. What is more, much of the with a strong emphasis on emerging markets. This involves increasing growth in subscriptions is expected to arise from products that are delivered the proportion of revenues derived from subscription products; using electronically, and that generate higher margins. technology efficiently to assist the online migration of the group’s print products as well as developing new electronic information services; Our margin was remarkably stable at 30% in the year to September 30 investing in products of the highest quality that customers will value last in spite of a heavy investment programme. We also generated more in tough times as well as good; eliminating products with a low margin cash than ever, achieved record adjusted profits and record revenues, and or too high a dependence on advertising; maintaining tight cost hit the Capital Appreciation Plan’s profit target two years ahead of plan, control at all times; retaining and fostering an entrepreneurial culture; clear signals that our strategy has been working well. The recommended and using a healthy balance sheet and strong cash flows to fund selective final dividend, if you approve it, will increase the total by 4% to 18.75p acquisitions. a share. During 2011 the group continued its ambitious programme of investing in The operating climate for many of our businesses, though, remains harsh. new technology and content delivery platforms, particularly for the mobile Some markets look more volatile than ever and some revenue streams user, and in new digital information products, as part of its migration are flat or weak. In spite of that, the immediate trading outlook is fairly to a global online information business. Over the year the group spent positive, while the balance sheet is strong and getting stronger. We are more than £9 million enhancing its existing products, all of it expensed also pleased that the integration of Ned Davis Research, acquired in from profits, and expects a similar level of investment in 2012. In addition, August last for £65 million in cash, has so far gone according to plan. the group has undertaken a substantial investment programme at two of its most important electronic information businesses, BCA Research and CEIC Data, with a view to building rapidly the quality and coverage of their products and expanding their global sales resources. In 2012, the company intends to continue to pursue its successful strategy of tight cost control while investing in digital publishing and selective acquisitions of specialist online information businesses to drive further long-term revenue growth.
Load more

Recommended publications
  • Annual Report & Accounts 2013
    Annual Report & Accounts 2013 Annual Report & Accounts 2013 Annual Report & Accounts Euromoney Institutional Investor PLC Euromoney Institutional Investor PLC 22706.04 13 December 2013 6:27 PM Proof 4 Euromoney Institutional Investor PLC www.euromoneyplc.com Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors. The group publishes more than 70 titles in both print and online, including Euromoney, Institutional Investor and Metal Bulletin, and is a leading provider of electronic research and data under the BCA Research, Ned Davis Research and ISI Emerging Markets brands. It also runs an extensive portfolio of conferences, seminars and training courses for financial markets. The group’s main offices are in London, New York, Montreal and Hong Kong and more than a third of its revenues are derived from emerging markets. “We have continued, and will continue, to invest across the business to drive organic growth and through selective acquisitions. The five businesses acquired since the beginning of last year build on our existing strengths but also take us into exciting new sectors. First quarter trading in the new financial year is in line with the board’s expectations and sentiment in financial markets remains broadly positive. This encourages us to believe that we can continue to grow our revenues and gives us confidence that our
    [Show full text]
  • Final Results Presentation Full Year Ended 30 September 2017
    Final Results Presentation Full Year ended 30 September 2017 Thursday 30 November 2017 Agenda 1. Introduction Paul Zwillenberg, CEO 2. Financial Performance Tim Collier, CFO 3. Strategy Update Paul Zwillenberg, CEO 4. Q&A © 2017 DMGT 2 1 Introduction Paul Zwillenberg, CEO 3 Completion of the strategic review – good progress 1 2 3 Improving operational Increasing portfolio Enhancing financial execution focus flexibility © 2017 DMGT 4 Vision statement Confidential, for internal use only © 2017 DMGT 5 Full Year 2017 – Resilient underlying performance Group underlying revenues +1%; underlying operating profit –2% Consumer: encouraging dmg media performance B2B: mixed performance; some challenging market conditions and impairments Continued real dividend growth © 2017 DMGT 6 Real dividend growth continues 20 year CAGR: 7% 24 22.7p 22 20 18 16 14 12 10 8.5p 8 5.8p 6 4 2 0 1997 2017 Dividend Inflation FY 2017 Full Year dividend of 22.7 pence, up +3% © 2017 DMGT 7 2 Financial performance Tim Collier, CFO 8 Statutory results Pre adjustments £ million FY 2016 FY 2017 Change Revenue 1,514 1,564 +3% Operating profit 91 (129) (242%) Profit before tax 202 (112) (156%) Profit for the year 214 342 +60% Earnings per share 57.8 p 97.8 p +69% Revenue, operating profit and PBT exclude Euromoney (discontinued operations) Operating profit adversely affected by impairments of £273m Profit for the year and EPS include gain on disposals: Euromoney transaction © 2017 DMGT 9 Statutory profit to adjusted profit after tax 450 350 250 26 342 36 150 50 50 196 530 £
    [Show full text]
  • Notice of General Meeting 2016
    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take, you are recommended to seek your own personal financial advice immediately from your stockbroker, bank manager, solicitor, accountant, fund manager or other appropriate independent financial adviser who is authorised under the Financial Services and Markets Act 2000 if you are in the United Kingdom, or, if not, from another appropriately authorised independent financial adviser. If you have sold or otherwise transferred all your shares in Euromoney Institutional Investor PLC, please send this document, but not the accompanying Form of Proxy, as soon as possible to the purchaser or transferee, or to the stockbroker, bank or other agent through whom the sale or transfer was effected, for delivery to the purchaser or transferee. EUROMONEY INSTITUTIONAL INVESTOR PLC (incorporated and registered in England and Wales under number 00954730) Proposed buyback of Shares from Daily Mail and General Trust plc group – a related party transaction Notice of General Meeting This document should be read as a whole. Your attention is drawn to the letter from your Chairman which is set out on pages 1 to 7 of this document and which recommends you vote in favour of the resolutions to be proposed at the General Meeting referred to below. Notice of General Meeting of Euromoney Institutional Investor PLC to be held at 11.00am on Thursday 29 December 2016 at the offices of UBS, 5 Broadgate, London EC2M 2QS is set out at the end of this document. A Form of Proxy for use at this General Meeting is enclosed.
    [Show full text]
  • Our Businesses 237 KB
    Strategic Report Operating Business Reviews B2B Summary Outlook Our B2B companies operate in five sectors, namely Insurance Risk, Our B2B companies are collectively expected Property Information, Education Technology (EdTech), Energy Information, to deliver low single-digit underlying revenue Events and Exhibitions. growth in FY 2018, although revenues will be adversely affected by the disposals that have taken place in the past year and the planned disposal of EDR. In the Insurance Risk sector, 2016 RMS will continue to expand the client 2017 Pro formaΩ Movement Underlying^ Total B2B £m £m % % base for the RMS(one) software platform and associated applications, laying the Revenue# 976 899 +9% +2% groundwork for revenue acceleration Operating profit* 152 160 (5)% (15)% in FY 2019 and beyond. In the Property Operating margin* 16% 18% Information sector, the European businesses # Revenue from continuing and discontinued operations. are expected to continue to experience * Adjusted operating profit and operating margin; see pages 29 to 31 for details. relatively subdued market conditions and ^ Underlying growth rates give a like-for-like comparison; see page 31 for details. Ω Pro forma FY 2016 figures have been restated to treat Euromoney as a c.67% owned subsidiary during the first three months the remaining US businesses to continue and as a c.49% owned associate during the nine months to September 2016, consistent with the ownership profile during to deliver growth. Following the disposal FY 2017. See reconciliation on page 28. of Hobsons’ Admissions and Solutions businesses, the remaining EdTech business is expected to benefit from increased focus Euromoney of Group corporate costs, were £152 million, and to continue to deliver growth.
    [Show full text]
  • United Kingdom Distribution Points
    United Kingdom Distribution to national, regional and trade media, including national and regional newspapers, radio and television stations, through proprietary and news agency network of The Press Association (PA). In addition, the circuit features the following complimentary added-value services: . Posting to online services and portals with a complimentary ReleaseWatch report. Coverage on PR Newswire for Journalists, PR Newswire's media-only website and custom push email service reaching over 100,000 registered journalists from 140 countries and in 17 different languages. Distribution of listed company news to financial professionals around the world via Thomson Reuters, Bloomberg and proprietary networks. Releases are translated and distributed in English via PA. 3,298 Points Country Media Point Media Type United Adones Blogger Kingdom United Airlines Angel Blogger Kingdom United Alien Prequel News Blog Blogger Kingdom United Beauty & Fashion World Blogger Kingdom United BellaBacchante Blogger Kingdom United Blog Me Beautiful Blogger Kingdom United BrandFixion Blogger Kingdom United Car Design News Blogger Kingdom United Corp Websites Blogger Kingdom United Create MILK Blogger Kingdom United Diamond Lounge Blogger Kingdom United Drink Brands.com Blogger Kingdom United English News Blogger Kingdom United ExchangeWire.com Blogger Kingdom United Finacial Times Blogger Kingdom United gabrielleteare.com/blog Blogger Kingdom United girlsngadgets.com Blogger Kingdom United Gizable Blogger Kingdom United http://clashcityrocker.blogg.no Blogger
    [Show full text]
  • Under the Bonnet Alex Savvides, JOHCM UK Dynamic Fund
    December 2018 FOR PROFESSIONAL INVESTORS ONLY Under the Bonnet Alex Savvides, JOHCM UK Dynamic Fund Investment background all the headlines, no leadership challenge emerged. EU leaders went on to approve the withdrawal agreement Global equity markets generally stabilised in November, alongside a political declaration on future trade which, closing at price levels broadly similar to those at the although not binding, sets out some ambitions for the next beginning of the month. However, levels of economic round of negotiations. Despite all the political uncertainty and political uncertainty remained heightened and asset in the UK and a consensus view that Parliament would not markets remained skittish, with the Chicago Board Options vote through the agreement in its current form, sterling Exchange Volatility Index (VIX) monthly average for ended the month down just 0.2% against the euro and November little changed on October at 19.4. 0.1% down against the US dollar. Economic data continued to slow. The only bright spot was The reaction in the real economy to this heightened the JP Morgan Global Services PMI, which accelerated for uncertainty has been mixed. The UK services PMI the first time in four months – up from September’s two- showed the weakest upturn in new work since July 2016. year low – led by strengthening growth in the US. Even Meanwhile, the IHS Markit Household Finance Index this proved to be short-lived, with the subsequent flash painted a confused picture. UK households cast their US services business activity index falling to a two-month most upbeat expectation of future financial conditions low.
    [Show full text]
  • Euromoney Institutional Investor PLC Annual Report & Accounts 2008
    80766 Cover 8/12/08 18:53 Page 1 Annual Report & Accounts 2008 Annual Report & Accounts Annual Report & Accounts 2008 www.euromoneyplc.com Euromoney Institutional Investor PLC Nestor House, Playhouse Yard, London EC4V 5EX Euromoney Institutional Investor PLC Euromoney Institutional Investor PLC 80766 pre 8/12/08 19:58 Page ii Welcome to Euromoney Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is a leading international business-to-business media group focused primarily on the international finance, metals and commodities sectors. It publishes more than 70 magazines, newsletters and journals, including Euromoney, Institutional Investor and Metal Bulletin. It also runs an extensive portfolio of conferences, seminars and training courses and is a leading provider of electronic information and data covering international finance, metals and commodities, and emerging markets. Its main offices are located in London, New York, Montreal and Hong Kong and nearly half of its revenues are derived from emerging markets. Principal Brands TM Contents Group 42 Independent Auditors’ Report Company 2 Highlights 44 Group Income Statement 92 Independent Auditors’ Company Report 2 Chairman’s Statement 45 Group Balance Sheet 93 Company Balance Sheet 7 Reconciliation of Group Income 46 Group Cash Flow Statement Statement to underlying results 94 Notes to the Company Accounts 47 Note to the Group Cash 8 Directors’ Report 104 Five Year Record Flow Statement 22 Directors and Advisors
    [Show full text]
  • Uk Finance Media
    UK FINANCE MEDIA Distribution via e-mail and/or fax to the most important daily newspapers, tv-stations, radio stations, news agencies, magazines and online-media in the UK. The list contains finance media and finance contacts of general media. UK FINANCE MEDIA NEWSPAPERS FINANCE MEDIA DAILY EXPRESS AB - ACCOUNTING AND BUSINESS UK DAILY MAIL ACCOUNTANCY AGE FINANCIAL TIMES ACCOUNTINGWEB METRO ALTASSETS PRIVATE EQUITY NEWSLETTER MORNING STAR AR MAGAZINE THE DAILY MIRROR ASSETFINANCEINTERNATIONAL.COM THE DAILY TELEGRAPH AUTOMATED TRADER THE GUARDIAN BANKING AUTOMATION BULLETIN THE INDEPENDENT BARRON'S THE SCOTSMAN BEST PRACTICE THE SUN BESTADVICE.NET THE TIMES BN MAGAZINE BREAKINGVIEWS.COM NEWS SERVICES BUSINESS MONEY BLOOMBERG NEWS BUSINESS MONEYFACTS CITYWIRE BUSINESS WEEKLY STOCKMARKETWIRE CARDS INTERNATIONAL THE PRESS ASSOCIATION CELENT VIEWSWIRE CHARTERED BANKER CITYWIRE GLOBAL MAGAZINE MAGAZINES & PERIODICALS CNBC BUSINESS INDEPENDENT ON SUNDAY CNN INTERNATIONAL EUROPE MAIL ON SUNDAY CORPORATE ADVISER NEW STATESMAN CORPORATE FINANCE REVIEW SCOTLAND ON SUNDAY CORPORATE FINANCIER SUNDAY EXPRESS CORPORATE INTL THE ECONOMIST CREDIT COLLECTIONS & RISK MAGAZINE THE OBSERVER CREDIT TODAY THE SUNDAY TELEGRAPH CREDITFLUX THE SUNDAY TIMES ECONOMIC AFFAIRS THE WALL STREET JOURNAL EUROPE E-FOREX EMEA FINANCE MAGAZINE TELEVISION EMERGING MARKETS MONITOR BBC NEWS EMERGING PRIVATE EQUITY CHANNEL 4 NEWS EN - THE ECONOMYNEWS CHANNEL 5 ENGAGED INVESTOR ITN ENVIRONMENTAL FINANCE ITV EQUITY RESEARCH DESK SKY NEWS EUROHEDGE EUROMONEY RADIO EUROPEAN CEO
    [Show full text]
  • Euromoney Institutional Investor PLC
    Euromoney Institutional Investor PLC Annual Report & Accounts 2016 WWW.EUROMONEYPLC.COM EUROMONEY INSTITUTIONAL INVESTOR PLC Euromoney Institutional Investor PLC Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is an international business-to-business media group focused primarily on the asset management, banking and commodities sectors under brands including Euromoney, Institutional Investor and Metal Bulletin. It is a leading provider of economic and investment research and data under brands including BCA Research, Ned Davis Research and the emerging market information providers, EMIS and CEIC. The group also runs an extensive portfolio of events for the financial and commodities markets. Year in Brief MARCH JULY SEPTEMBER Investor Day held to Announcement Acquisition of present new strategy of non-executive FastMarkets, a leading chairman John Botts, provider of real-time appointed on a metal markets permanent basis information NOVEMBER APRIL AUGUST New board structure Disposal of Gulf Acquisition of implemented to Publishing and Reinsurance enhance corporate Petroleum Economist Securities, extending governance practices its insurance portfolio into the high-value counterparty risk market 24992.04 – 16 December 2016 4:22 PM – Proof 6 Annual Report and Accounts 2016 Overview ❯ HIGHLIGHTS Highlights Contents REVENUE ADJUSTED OPERATING PROFIT £403.1m £101.4m OVERVIEW Highlights 1 Euromoney at a Glance 2 2016 403.1 2016 101.4 Letter from the Chairman 3 2015 403.4
    [Show full text]
  • Media Ownership and News Coverage of International Conflict
    Media Ownership and News Coverage of International Conflict Matthew Baum Yuri Zhukov Harvard Kennedy School University of Michigan matthew [email protected] [email protected] How do differences in ownership of media enterprises shape news coverage of international conflict? We examine this relationship using a new dataset of 591,532 articles on US-led multinational military opera- tions in Libya, Iraq, Afghanistan and Kosovo, published by 2,505 newspapers in 116 countries. We find that ownership chains exert a homogenizing effect on the content of newspapers’ coverage of foreign pol- icy, resulting in coverage across co-owned papers that is more similar in scope (what they cover), focus (how much “hard” relative to “soft” news they offer), and diversity (the breadth of topics they include in their coverage of a given issue) relative to coverage across papers that are not co-owned. However, we also find that competitive market pressures can mitigate these homogenizing effects, and incentivize co-owned outlets to differentiate their coverage. Restrictions on press freedom have the opposite impact, increasing the similarity of coverage within ownership chains. February 27, 2018 What determines the information the press reports about war? This question has long concerned polit- ical communication scholars (Hallin 1989, Entman 2004). Yet it is equally important to our understanding of international conflict. Prevailing international relations theories that take domestic politics into account (e.g., Fearon 1994, 1995, Lake and Rothschild 1996, Schultz 2001) rest on the proposition that the efficient flow of information – between political leaders and their domestic audiences, as well as between states involved in disputes – can mitigate the prevalence of war, either by raising the expected domestic political costs of war or by reducing the likelihood of information failure.1 Yet models of domestic politics have long challenged the possibility of a perfectly informed world (Downs 1957: 213).
    [Show full text]
  • Europe Financial Media
    EUROPE FINANCIAL MEDIA The Europe Financial Media list reaches general media, major financial press and newswires in Europe. Distribution covers a wide range of financial newswires and agencies as well as the leading publications on finance related topics in 27 European countries. AUSTRIA BELGIUM NEWSPAPERS NEWSPAPERS DER STANDARD DE STANDAARD DIE PRESSE DE LLOYD HEUTE DE TIJD KLEINE ZEITUNG EUROPEAN VOICE KRONEN ZEITUNG HET LAATSTE NIEUWS KURIER HET NIEUWSBLAD OBERÖSTERREICHISCHE NACHRICHTEN LA DERNIÈRE HEURE / LES SPORTS SALZBURGER NACHRICHTEN LA LIBRE BELGIQUE WIENER ZEITUNG L'AVENIR LE SOIR NEWS SERVICES L'ECHO APA-AUSTRIA PRESSE AGENTUR METRO OEPRESS.AUSTRIA PRESSETEXT NEWS SERVICES ALTER BUSINESS NEWS MAGAZINES & PERIODICALS BELGA NEWS AGENCY PROFIL BLOOMBERG NEWS SALZBURGER FENSTER IPS VLAANDEREN TELEVISION MAGAZINES & PERIODICALS ATV HP / DE TIJD ORF 1 DE ZONDAG ORF 2 EE TIMES EUROPE KNACK RADIO LE VIF L'EXPRESS ANTENNE WIEN SOLIDAIRE LIFE RADIO RADIO ARABELLA 92,9 TELEVISION RADIO ENERGY 104,2 BRF (TV) CANAL Z ONLINE KANAAL Z AUSTRIA TODAY LA UNE BOHMANN BUSINESS CHANNEL LA DEUX KARRIERE-INSIDER RTBF TELEVISION NEWS.AT RTL-TVI VRT NIEUWSDIENST FINANCE MEDIA ADVANTAGE RADIO AKTIEN-PORTAL.AT BRF (RADIO) ARBEIT & WIRTSCHAFT RADIO 2 (VRT) AUSTRIA BÖRSENBRIEF RADIO CONTACT BANK UND BÖRSE RADIO VISIE BOERSE-EXPRESS.COM RTBF RADIO BÖRSEN - KURIER VRT (GENERAL) ECO.NOVA - DAS WIRTSCHAFTSMAGAZIN VTM (HET NIEUWS) FINANZ JOURNAL FORMAT ONLINE GELD & ETHIK 6MINUTES.BE GELDMAGAZIN ANALIST.BE TREND EU OBSERVER WIRTSCHAFTSBLATT EURACTIV TOP
    [Show full text]
  • Citi Private Bank Is #1 in North America and the United States
    Reprinted from January 2008 www.euromoney.com Private banking survey 2008 Volume 39, Number 465 Citi Private Bank is #1 in North America and the United States Promising commitment NORTH AMERICA Despite the private bank’s small stature in the whole of Citi, John Longley, CEO of Citi Private Bank in BEST PRIVate BANKING SERVICES OVERALL the US and Canada says the commitment to it will be maintained. It ranked second best global private 2008 2007 bank in Euromoney’s 2008 private banking poll, so AMERICA 1 2 Citi it seems that Citi’s peers are confident that the firm 2 3 UBS is still performing well. Third-quarter 2007 client 3 1 JPMorgan business volumes (from assets and lending and 4 9= HSBC financing) were up 28% to $298 billion and revenues 5 5 Goldman Sachs were up 25%. NORTH “The private bank is a strong earner and one of S the higher-growth businesses in the organization. UNITED StateS It complements the alternatives group and the BEST PRIVate BANKING SERVICES OVERALL investment banking group, as well as having a good TATE partnership with Smith Barney, so its importance S as a business line is understood within the entire 2008 2007 institution,” says Longley. New Citi CEO Vikram 1 2 Citi Pandit has echoed Longley by saying that the wealth 2 1 JPMorgan ITED management arm is viewed as a growth business. 3 4= UBS N 4 3 Goldman Sachs U 5 HSBC “The private bank L is one of the GLOBAL higher-growth OBA BEST PRIVATE BANKING SERVICES OVERALL businesses in our L organization.” G 2008 2007 1 1 UBS John Longley 2 2 Citi CEO 3 3 HSBC Citi Private
    [Show full text]