UniCredit CEO resigns after Libyan crisis

first_img UniCredit chief executive Alessandro Profumo resigned yesterday, his high-flying tenure at Italy’s biggest bank halted by a row over Libyan shareholders and lagging results. Profumo, Europe’s longest-serving bank chief, had steered UniCredit’s rise from a regional bank to a pan-European player with operations in 22 countries.Analysts say his departure could leave Italy’s most international bank rudderless while it struggles to recover from the financial crisis after several acquisitions. Profumo, 53, said he had stepped down in a letter to the bank’s board ahead of an emergency meeting on Libya’s growing investments in UniCredit. He had been at the helm since 1997.“Profumo has resigned. He announced it in a letter to the board directors,” a source said, on condition of anonymity. A second source close to the situation said a shortlist of candidates had already been drafted to replace the man Italian media dub “Mr Arrogance” and “Alessandro the Great”. The board is understood to have given chairman Dieter Rampl three weeks to find a replacement. Rampl is expected to be named interim boss.Shareholders and politicians have accused Profumo of letting Libya increase its holding in UniCredit, the Italian bank hardest hit by the financial crisis.UNICREDIT IN A NUTSHELL | ITALY’S BIGGEST BANKUniCredit operates in 22 European countries and is the biggest lender in eastern and central Europe. It has a presence in 50 markets. The bank had 9,600 branches and more than 162,000 employees at 30 June.Top shareholders are Italian investment bank Mediobanca with 5.1 per cent stake, Abu Dhabi’s Aabar investment company with 4.9 per cent, Central Bank of Libya with 4.9 per cent and Italy’s Cariverona foundation with 4.6 per cent. Others include Italy’s CRT foundation at 3.3 per cent, the Libyan Investment Authority with 2.59 per cent, and German insurer Allianz with 2 per cent.Tracing its roots back to a 15th century municipal pawn shop in Bologna, the modern bank was created in 1997 from the state-owned Credito Italiano.In 2005, UniCredit made its first big cross-border move buying Germany’s HVB Group. In 2007, it bought Capitalia.In the first half, net profit was €669m (£567m) and operating income €13.3bn. Total assets at end of June were €955bn.The bank has boosted its capital in the last two years, tapping shareholders for €3bn in early 2009 and for another €4bn in January 2010. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Tuesday 21 September 2010 8:01 pm UniCredit CEO resigns after Libyan crisis Tags: NULLcenter_img Share whatsapp whatsapp Show Comments ▼last_img read more

German turnover tax bill heads to floor vote after committee approval

first_img Tags: Glücksspielneuregulierungstaatsvertrag GlüNeuRStV EGBA European Gaming and Betting Association DSWV Deutscher Sportwettenverband The European Gaming and Betting Association (EGBA) filed a complaint with the EU in May, claiming that the 5.3% turnover tax was “punitive” and favoured the land-based industry over online. In its complaint, the EGBA cited a study from Entain, Flutter and Greentube that warned that the turnover stake tax could see 49% of players using unlicensed operators. It will legalise online casino games in Germany for the first time, albeit with certain restrictions. Topics: Casino & games Legal & compliance Online casino Compliance Legal Regulation “Both online poker and virtual slot machine games will be taxed in the future, as will racing betting, sports betting, public lotteries and draws. This means that online gaming will be taxed at 5.3 percent of the amount staked.” German turnover tax bill heads to floor vote after committee approval 10th June 2021 | By Marese O’Hagan Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter She added that the tax is set to apply to unlicensed games as well as licensed. While the plenary session vote is unlikely to be a major obstacle, the tax bill could still be held up by a legal challenge.center_img “Even if a game of chance is operated illegally, for example because there is no licence, taxation takes place,” she said. The bill was then challenged by the DVSW earlier this month, who alleged that the igaming tax rates could offer an advantage to land-based operators compared to online. Th state treaty (GlüNeuRStv) was first approved by lawmakers in March 2020. It is set to take force on July 1 2021, after it was approved by all 16 federal states. The bill, which was passed by the committee on June 9, will be subject to a vote during a second and third reading later this month, expected to take place on 23 or 24 June. The bill was assigned to the committee last month.In response to the passing of the bill, a spokesperson from the Deutscher Sportwettenverband (DSWV) told iGB is that the whole house vote should be a “formality” however. Although the 5.3% igaming turnover tax has proven controversial, other elements of the treaty have also been challenged- such as restrictions on slots to a €1 per spin stake limit, The German legislature’s (Bundestag) Finance Committee has passed a controversial bill which would set a 5.3% igaming turnover tax under Germany’s new State Treaty on Gambling, the Glücksspielneuregulierungstaatsvetrag (GlüNeuRStv). Email Address Regions: Europe Central and Eastern Europe Germany Subscribe to the iGaming newsletter Antje Tillmann, a financial policy spokeswoman for the CDU/CSU Bundestag parliamentary group, said in a statement: “With today’s law, we have passed a Germany-wide uniform regulation for the taxation of online games of chance such as virtual slot machine games and online poker,” last_img read more

Diamond Bank Nigeria (DIAMON.ng) 2014 Annual Report

first_imgDiamond Bank Nigeria Plc (DIAMON.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2014 annual report.For more information about Diamond Bank Nigeria Plc (DIAMON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Diamond Bank Nigeria Plc (DIAMON.ng) company page on AfricanFinancials.Document: Diamond Bank Nigeria Plc (DIAMON.ng)  2014 annual report.Company ProfileDiamond Bank Nigeria Plc is a financial services institution in Nigeria operating in the treasury, business banking, corporate banking and retail banking sectors. The company offers a full service bank of products and services ranging from transactional accounts, electronic banking and money transfer services to securities dealing and custodian services; personal, automotive and home loans; MSME loans and diamond leasing services and investment and advisory services. Diamond Bank Nigeria Plc also offers, among others, life insurance products; foreign exchange services; cash management services; capital management and trade services; import finance; treasury bills and investment notes and working capital finance and contract financing. The financial institution’s head office is in Lagos, Nigeria. Diamond Bank Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Britam Holdings Limited (BRIT.ke) 2020 Presentation

first_imgBritam Holdings Limited (BRIT.ke) listed on the Nairobi Securities Exchange under the Investment sector has released it’s 2020 presentation For more information about Britam Holdings Limited reports, abridged reports, interim earnings results and earnings presentations visit the Britam Holdings Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Britam Holdings Limited (BRIT.ke) in the past 12 months, as of 4th June 2021, is US$5.25M (KES564.04M). An average of US$437.5K (KES47M) per month.Britam Holdings Limited Presentation DocumentCompany ProfileBritam Holdings Limited is an investment holding company providing solutions for insurance, investment management and property management for the personal, commercial and corporate sectors. The company services markets in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Malawi and Mozambique. Britam Holdings Limited also offers solutions for short- and long-term insurance, asset management and property management. Personal and corporate solutions are available for individual and group life, pension, medical, micro and general insurance. Its insurance product offering covers unit-linked products and plans for education, whole-life plans, life, critical illness, disability as well as products covering fire, aviation, engineering, motor, marine, personal accidents, liability, theft and workers compensation. Britam Holdings Limited specialist divisions deal with discretionary/segregated portfolio management, wealth management and unit trusts. The company has interests in purchasing and selling properties and developing, leasing or renting land. Formerly known as British-American Investments Company (Kenya) Limited when it was founded in 1920, the company changed its name to Britam Holdings Limited in 2015. The company head office is in Nairobi, Kenya. Britam Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Niagara bishop describes African-Canadian dialogue as a model for whole…

first_imgNiagara bishop describes African-Canadian dialogue as a model for whole communion Director of Administration & Finance Atlanta, GA Bishop Diocesan Springfield, IL Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Featured Jobs & Calls Rector Smithfield, NC Featured Events New Berrigan Book With Episcopal Roots Cascade Books Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Associate Rector Columbus, GA Youth Minister Lorton, VA Assistant/Associate Rector Washington, DC Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Press Release Service Assistant/Associate Rector Morristown, NJ Submit a Press Release The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Rector for Family Ministries Anchorage, AK Submit an Event Listing Cathedral Dean Boise, ID Rector Washington, DC Course Director Jerusalem, Israel Tags Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Posted Jun 23, 2017 Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL Rector (FT or PT) Indian River, MI [Anglican Communion News Service] The eighth annual meeting of bishops from Canada and Africa has just taken place in Kenya, with Bishop of Niagara Michael Bird suggesting the yearly encounter could act as a model for reconciliation across the Anglican Communion.Full article. Missioner for Disaster Resilience Sacramento, CA Curate (Associate & Priest-in-Charge) Traverse City, MI Priest-in-Charge Lebanon, OH Submit a Job Listing Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Pittsburgh, PA Rector and Chaplain Eugene, OR Rector Martinsville, VA Director of Music Morristown, NJ Rector Knoxville, TN Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Curate Diocese of Nebraska Rector Shreveport, LA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector/Priest in Charge (PT) Lisbon, ME This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Associate Priest for Pastoral Care New York, NY Priest Associate or Director of Adult Ministries Greenville, SC Rector Hopkinsville, KY Rector Tampa, FL The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Bath, NC Anglican Communion Rector Albany, NY Canon for Family Ministry Jackson, MS Rector Collierville, TN In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Family Ministry Coordinator Baton Rouge, LA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis last_img read more

House ML / Arquipélago Arquitetos

first_img “COPY” House ML / Arquipélago ArquitetosSave this projectSaveHouse ML / Arquipélago Arquitetos Houses Manufacturers: Ananda Metais, Decorlit, Glasvale, Mato DentroLandscaping:Lilian MasiniConstruction:Marcelo GlóriaArchitect In Charge:Luís Tavares, Marinho VellosoCity:ParatyCountry:BrazilMore SpecsLess SpecsSave this picture!© Pedro Napolitano PrataRecommended ProductsEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40WindowsJansenWindows – Janisol PrimoWindowsSolarluxSliding Window – CeroText description provided by the architects. Located in a rainforest glade of difficult access in the Mountain range of Paraty, Rio de Janeiro, the project of the house was premised on dry methods that provides comfort in a warm and humid environment.Save this picture!© Pedro Napolitano PrataSave this picture!Floor PlanSave this picture!© Pedro Napolitano PrataThe constructive party considered from the outset the use of lightweight and pre-fabricated components – easy to transport and low generation of residues – such as partitions in cement panels, wood frame structure and metal tiles with thermal insulation as outer closure.Save this picture!© Pedro Napolitano PrataThe house seeks to frame the best view for each ambient: the intimate part opens to the enclosed forest, the social part to the clearing and the valley.Save this picture!Section 1Save this picture!© Pedro Napolitano PrataProject gallerySee allShow lessBeyond the Viral Images: Inside MVRDV’s Tianjin Binhai Library with #donotsettleArticlesFaulknerBrowns’ Plans for a New Indoor Snow Slope is Inspired by Railway ArchitectureUnbuilt Project Share CopyAbout this officeArquipélago ArquitetosOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesParatyBrazilPublished on February 16, 2018Cite: “House ML / Arquipélago Arquitetos” 16 Feb 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisCopper Alloy: Nordic RoyalPlumbingSanifloGreywater Pump – Sanifast®SWH190WoodLunawoodInterior ThermowoodMembranesEffisusAVCL Systems for FacadesSinksCosentinoBathroom Collection – Silestone® WashbasinsDoorsStudcoPocket Door Trims – CavKitWoodStructureCraftEngineering – Architectural & FreeformMetal PanelsRHEINZINKPanel Surface Finish – prePATINA-LineHanging LampsEureka LightingSuspended Lights – BloomMetallicsBaileyFacade Systems- I-Line Snap-On Feature ChannelMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream CopyHouses•Paraty, Brazil ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/889095/house-ml-arquipelago-arquitetos Clipboard ArchDaily 2016 “COPY” Architects: Arquipélago Arquitetos Area Area of this architecture projectcenter_img Save this picture!© Pedro Napolitano Prata+ 17Curated by Pedro Vada Share Brazil ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/889095/house-ml-arquipelago-arquitetos Clipboard Projects Area:  140 m² Year Completion year of this architecture project Photographs Photographs:  Pedro Napolitano Prata Manufacturers Brands with products used in this architecture project Year:  House ML / Arquipélago Arquitetoslast_img read more

Payroll giving grants now available

first_imgPayroll giving grants now available AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 1 February 2005 | News The Home Office’s new grant making programme to encourage small and medium sized enterprises (SMEs) to set up Payroll Giving schemes is now live. The Payroll Giving Grants programme is a Home Office-funded initiative, administered and promoted by the Institute of Fundraising, in partnership with Business in the Community.Any employer, business or charity alike, is eligible for a £500 grant to set up Payroll Giving Schemes so long as the organisation has fewer than 500 employees. In addition the first £10 of each employee’s monthly donations will be matched by the Government for a period of six months.The aim of this UK-wide programme is to provide sustainable income sources for charities by increasing the number of employers and employees engaged in Payroll Giving. Advertisementcenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  20 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Sportswear & promo items on offer in Scimitar competition

first_img  126 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11 Melanie May | 17 April 2018 | News  125 total views,  1 views today Sportswear & promo items on offer in Scimitar competition Following its 2017 launch, custom sportswear specialist Scimitar is again offering charities the chance to win over £2,000 towards their next sportswear and promotional item order.The Charity Giveaway competition gives UK registered charities the opportunity to win £2,019 towards sportswear and promotional items.Adam Church-Millward, Marketing Manager for Scimitar, said:“After a high number of entries to last year’s competition and a hugely positive reaction to the campaign, we’re delighted to be launching it again in 2018. This competition is not just for existing clients of ours. It’s an opportunity for UK-registered charities of all sizes and budgets to enter the competition for the chance to win a prize that will enhance their fundraising efforts for 2019.”No purchase is necessary to take part, and charities can enter online with the giveaway closing on 6 August. The winning charity will be drawn from random and announced by 31 August.Last year, over 500 charities entered Scimitar’s inaugural competition, with Starlight Children’s Foundation winning £2,018 towards its next order. Advertisementcenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11 Tagged with: competition Promotional About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

Philadelphia: ‘Reinstate Temple Prof. Monteiro’

first_imgWW photo: joseph PietteCommunity activists and students marched through the North Philadelphia neighborhood surrounding Temple University on April 16 to demand the immediate reinstatement of Dr. Anthony Monteiro as a professor with tenure in the Department of African American Studies. Protesters also demanded the firing of Dean Teresa Soufas for her racist political and retaliatory actions against Monteiro.At a concluding rally outside the university’s administration building, student organizer Sabrina Sample urged students to get involved: “To be silent means to be OK with gentrification in North Philadelphia.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img

Life sentence for Roy Collins murderer

first_imgTwitter NewsLocal NewsLife sentence for Roy Collins murdererBy admin – May 5, 2010 508 Facebook JAMES Dillon, the man who pleaded guilty to the murder of Roy Collins at the Coin Castle Amusement Arcade at the Roxboro Shopping Centre in April 2009 has been given a mandatory life sentence by Mr Justice Paul Carney at the Central Criminal Court in Dublin this Wednesday. Sign up for the weekly Limerick Post newsletter Sign Up 24-year-old Dillon pleaded guilty to the charge of murder on Tuesday last when he asked to be arraigned by the court ahead of the jury been sworn in for the trial.It has emerged that Steve Collins, father to Roy, delivered a victim impact statement at the court saying that this was a callous and cowardly act. Roy Collins was shot in the chest by the lone gunman on April 9 last and later died in hospital from his injuries.Steve Collins, pictured with his wife Carmel at a rally last year, delivered a victim impact statement at the court sitting this Wednesday. Previous articleAtlantic oarsman to return home todayNext article‘Trappist silence must end’ admin WhatsAppcenter_img Linkedin Print Advertisement Emaillast_img read more