The EU has finalised a new directive regulating private equity and hedge funds. But how it differentiates between EU and non-EU managers could have serious implications reports Polly Botsford
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Unabashed: African finance ministers chart course to growth
Courtney Fingar interviews the finance ministers of Cape Verde, Rwanda and Senegal at the IMF-World Bank annual meetings. Read the round-up
View from the C-suite: Antony Jenkins, head of Barclays Retail
Barclays sees great long-term opportunities in banking in Africa, where some countries are enjoying strong economic growth, the CEO of its retail division tells Peter Guest. Nigeria is the most obvious location for the bank to make significant investment, but there are openings in many parts of the continent
JPMorgan to recruit 100 engineers for Scots centre
JPMorgan is expanding its Glasgow-based European Technology Centre (ETC) by creating 100 new jobs.
Services: the new frontier
Today, some 60% of the world FDI stock is in the services sector, in both developed and developing countries. The share of this sector in FDI flows is slightly higher. This is not surprising, as it reflects the sectoral structure of home and host countries: in developed countries, the services sector accounts for about two-thirds of GDP, in developing ones for more than half.
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