Large investors, including Fidelity International, Aberdeen Asset Management, Calpers, Standard Life and Henderson Global Investors are expected to crank up pressure on boards to reduce excessive pay and introduce greater transparency in 2017.
A moment of patience in a moment of anger saves a thousand moments of regret. The same night that Donald Trump stunned pundits and became America’s President-elect, Indian Prime Minister Narendra Modi dropped a bomb of his own when he announced that his country’s 500 and 1,000 rupee notes would become worthless little slips of paper.
Snap Inc. aims to reach the next upper echelon by evolving from a messaging platform into a content and media powerhouse that could one day eclipse its $25 billion initial public offering valuation in 2017. Evan Spiegel, the company’s 26-year-old founder, is expected to figure prominently in conversations with investors during the marketing process, known as a roadshow, claiming that they are the next Facebook, not the next Twitter.
Over the past decade, technological progress in trading systems has changed the trading landscape forever. The significant growth of algorithmic trading and the introduction of new high-speed trading platforms are challenging more market operators including investors and regulators.
Aramco is expected to double Alibaba’s IPO by offering 5% of the company to institutional investors, initially in Riyadh and possibly raise a record $100 billion. In the past few months, Saudi Arabia set the investment world on fire over the possible sale of shares in the world’s largest oil company, Aramco.
The European Monetary Union (EMU) is the largest and most ambitious monetary union attempted so far. It is a continuous process, whose value derives from the ever-changing, dynamic and often polarising relationships between member states that sustain the circulation of the euro.
Bitcoin is taking the world by storm. The digital currency most fervent supporters celebrate it as something akin to a monetary messiah. Money is changing as electronic and mobile communication devices have become a new interface for storing, spending, paying and keeping track of transactions. We are heading to a new era of digital non-state currencies.