Barclays (one of our top 10 stock picks worldwide) has appointed Nathalie Majlis as Relationship Director, Insurance, within its Non-Bank Financial Institutions team (NBFI), based in New York, for further building the bank’s corporate banking relationships with existing North American insurance firms and developing strong links with new clients within the sector.
Nathalie joins Barclays from HSBC, where she was responsible for building strategic relationships with key asset manager and insurance clients to deliver HSBC’s global product capabilities including markets, advisory and transaction banking services. Prior to HSBC, Nathalie ran an insurance and financial broker franchise business for a number of years. Nathalie Majlis said; “The US is a vital growth market for Barclays, and I look forward to supporting this vision and leveraging my experience within the sector to further grow the insurance offering in the US, as well as supporting our clients with their UK and European operations.”
The year 2012-13 may perhaps be the year in which the downturn in the
Indian economy was arrested and a semblance of resurgence brought back.
Considerable credit goes to the Finance Minister for saving the nation
from a possible downgrade by the global rating agencies, which had
become a real threat by middle of the previous year.
The improved sentiment and confidence translated to substantial fund
flows being diverted to the Indian equity markets in the second half of
2012. FII flows to the Indian market aggregated a staggering US$ 30.8
billion for the full financial year ended March, 2013. The Sensex and
the BSE 200 index recorded an appreciation of 8.2 percent and 6 percent
respectively for the fiscal year. This compares better to the trend in
the previous year with the Sensex recording a negative return of 10.5
percent. Continue reading Indian Economy Review -May 2013→
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