Eurodad European Network on Debt and Development

Illicit Financial Flows from Developing Countries: 2001-2010 New Report Finds Crime, Corruption, and Tax Evasion at Near-Historic Highs in 2010
17/January/2013

…New Report Finds Crime, Corruption, and Tax Evasion at Near-Historic Highs in 2010 Global Financial Integrity just released their annual global update on the amount of money flowing illicitly out of the developing world due to crime, corruption, and tax …Read more
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How can women work against corruption?
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Do Women Manage Money Better Than Men?

The hedge fund industry has long been a male-dominated arena, but maybe that hedge fund managershould change. Consider that a new study shows hedge funds led by women far outperformed the global hedge fund index in the first three quarters of 2012…..
“As far as women running funds, I would like to see more women step out on their own and do what it takes to become white hot in an otherwise dull universe with only a handful of bright male stars,” he said. ..article

 

Women a new target group of financial advisor’s ?

Women Winning in Business, FinanceWomen Winning in Business_ Finance

…Women have been proving their success as advisors. The Fidelity study showed that female advisors had 5 percent higher assets under management and were generally more satisfied than their male counterparts. Although women earned five percent less than men, they had a higher sentiment score and higher average account size. While both genders were adjusting their strategies in the past year to focus on gaining new clients and increasing their share of wallet, women were focused more on networking to generate new business by attending events and seminars and in expanding the types of services they offer. In addition, more women than men were working with clients on areas outside of traditional investments, including long-term care, health care financing, and trust planning…..article

Illicit Financial Flows

China, the largest cumulative exporter of illegal capital flight, as well as the largest victim inillicit financial flows 2010, was the topic of an GFI October 2012 country-specific report “Illicit Financial Flows from China and the Role of Trade Misinvoicing”. The report found that the Chinese economy suffered $3.79 trillion in illicit financial outflows between 2000 and 2011.
The GFI reports continue to demonstrate that the Chinese economy is a ticking time bomb. The social, political, and economic order in that country is not sustainable in the long-run given such massive illicit outflows….Illicit Financial Flows From Developing Countries: 2001-2010

Finance background helps women get boardroom positions

KUALA LUMPUR: A financial qualification or a background which demonstrates substantial financial acument are seen as catalysts for women getting onto the boards of FTSE 100 Index companies, said a report by the Association of Chartered Certified Accountants (ACCA).
The report, ‘Women in finance: A springboard to corporate board positions?’, said proportionally, women appeared to be more successful in attaining executive roles where they had a financial background…article women on board

Daniele Nouy ?

Juncker backs French woman to head new bank supervisorDanièle NOUY

The head of the European Union’s new banking regulator should be a woman and in this first instance, come from France, according to outgoing eurozone head Jean-Claude Juncker…
… on Thursday also revealed that the job to lead the eurozone’s new bank supervision body would go to a French woman. “I am totally in favor of having a female representative,” he said. “It will be done, and (she) will be French.”
He did not elaborate but French media reports pointed to Daniele Nouya top official at the Banque de France…article