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Russian central bank hikes benchmark rate to 21%, highest since 2003

Global Banking & Finance

By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by 200 basis points on Friday to 21%, the highest level since the early years of President Vladimir Putin’s rule, when Russia was recovering from the chaos that followed the collapse of the Soviet Union.

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Why We’re a Cisco Family Through and Through

Cisco: M&A

I started my career as a contractor with Cisco back in December 2003 with the Support Delivery Services IT Finance team. Even as a contractor, I could see from day one the incredible culture Cisco… Read more on Cisco Blogs

Finance 52
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The Moneyball Strategy: Making Big Moves With Little Leverage

Street of Walls

For those with an aversion to America’s favorite pastime, Moneyball is a 2003 book by Michael Lewis (adapted into a 2011 movie), which tells the story of the Oakland Athletics’ 2002 season. The hardest part for HR groups in finance right now is successfully determining which candidates have those factors that matter.

Finance 40
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20 angel investor networks you should know about

Growth Business

It manages funds on behalf of public and private stakeholders providing equity finance to investees. Top 20 angel investor networks Growth Business guide to angel investor networks Angel network Regions Investment size Sectors No. It is highly selective about businesses it backs, having raised £3m since 2016.

Investors 105
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Top UK angel networks for your start-up

Growth Business

Part of the Development Bank of Wales, Angels Invest Wales is for established businesses seeking equity funding of between £50,000 and £10m with seed finance for pre-revenue tech start-ups. There are over 250 members, an £8m co-investment fund and an online investment platform.

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DWS Group’s Werner Eppacher: ‘Liquidity is like a shy deer’

The TRADE

Werner Eppacher has spent the entirety of his two-decade financial career with German asset manager DWS Group, catching his first glimpse of a trading floor as an intern for Deutsche Bank in 2003. “A We have global trading standards because we are operating under so many restrictions,” Eppacher explains.

Trading 52
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Keeping an aircraft carrier nimble in times of turbulence

The TRADE

I was part of the generation where computers were a big part of growing up so I thought I would join that industry, but then the tech bubble burst in college and I couldn’t find an internship in that field,” he explains. “[After finding an internship in finance] I thought ‘these are really big dollar amounts that people are moving around.