Women 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

ALEXIS TSIPRAS, Greece’s radical leftwing leader, has taken a bold step. Since his Syriza party became the official parliamentary opposition at last June’s election, the 38-year-old political firebrand has sounded a touch less critical of the country’s creditors. At a meeting in Berlin on January 14th with Wolfgang Schäuble, the German finance minister, he politely presented a list of requests, ranging from debt forgiveness of the kind extended to post-war Germany and less austerity for suffering Greeks to recognition of war debts claimed by Athens against its Nazi occupiers in 1941-44.  Article

“People ask: How do you get more women into senior roles?” says Fagg, who ran ANZ’s operations in New Zealand for three years until 2011. “You appoint them,” she says…article

Indian’s finance minister threatens to make gold more expensive to import.  The world gold market shudders.  India is the fifth largest market for gold.  Article

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Making use of the national central banks’ gold reserves is much more transparent than the SMP, it is much more attractive for investors, much fairer, and would make it easier to get genuine consent amongst the euro area population and the European Parliament. Nor does it lead to unmanageable fiscal transfers from the North to the South with huge disincentive effects. It does not shift toxic debt instruments onto the ECB. And it does not cause sterilization problems or increase the difficulty of exiting unconventional monetary policy – the gold-backed bond solution avoids the path-dependence of the existing solutions.   Article

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

Cyprus must act on money laundering

Cyprus Finance Minister Vassos Shiarly strongly denied on Thursday allegations made by German politicians that it is being used for money laundering or as a tax haven by wealthy Russians..,,article