Lincoln Recruitment Specialists’ Post

#FridayRead British Business Bank's #EquityTracker24 shows that 62% of UK unicorns have received equity finance or support from the Bank's programme 🦄 We're pleased to have played a role in this, supporting innovative high growth companies to help them become the success stories of tomorrow. Read the full report for the full picture of the small business equity market: https://bit.ly/4cUJhH4

Bank of Ireland’s three-year strategy – which is now at its halfway point – is built on three earnestly pitched pillars: “Stronger relationships, simpler business, and sustainable company.” For investors, those pillars mattered almost solely as a means to achieving a financial end. How much would the strategy boost the bank’s ability to make meaningful distributions to its shareholder base over the coming years? Donal MacNamee reports. Read the full article here: https://lnkd.in/eTyiHfzU #BusinessPost #Ireland #Banking

The British Business Bank has published its first ever Impact Report, revealing the impact of the £6bn of finance the Bank deployed into businesses in 2023. See the highlights in numbers👇 The headlines… ⬇️ 📈 23,100 total businesses funded 🇬🇧 84% of businesses funded were in nations and regions outside London 🤝 18% of smaller business equity investments were support equity deals The expected impacts over the life of this finance… ⬇️ 🤝 39,400 jobs created 💷 £19.8bn of additional business turnover …equivalent to an extra £8.4bn of Gross Value Added Stephen Welton CBE, Chair, British Business Bank, said: 🗣️ “This is an especially exciting time in the Bank’s development, with more being asked of us at a time when driving longer-term investment to support the growth economy is so critical. This is testament to what we have built over the last ten years.” 🔗 Read the full Impact Report: https://lnkd.in/dAM6XYzK

The talent shortage is acute in corporate banking, with few universities offering specialised treasury programmes. François Masquelier, president of ATEL - Luxembourg Association Of Corporate Treasurers and EACT - European Association of Corporate Treasurers, and Nick Ashton, Country Head-Luxembourg HSBC Global Payments, discuss how to attract young talent to treasury centres. Read more in our latest Portfolio article: bit.ly/4aNBx8y #LuxFinance #CorporateFinance #Banking

How Irish Banking system looks like? 🤔 TOP 5 Banks concentrated 76%! 😮 of assets. A Deeper Look into the Concentration of Assets in the Irish Banking System The financial landscape in Ireland is dominated by a few key players, but it's important to recognize the broader spectrum of institutions contributing to the market. As of the latest data, the asset distribution among the top five banks is as follows: 🔽 Bank of Ireland: 18% Barclays Bank Ireland: 17% Citibank Europe: 17% AIB plc: 16% Bank of America Europe: 8% Interestingly, the remaining 24% of assets are distributed across 41 other banks and branches operating in Ireland. These include well-known names such as Permanent tsb plc, EBS DAC, Revolut Bank UAB, Deutsche Bank AG, Goldman Sachs Europe SE, and many others. The diversity of these institutions underscores the resilience and complexity of the Irish banking system. While the top five banks hold a substantial portion of the market, the contributions from these additional 41 banks ensure a dynamic and competitive environment. I’ve attached a visual representation to help illustrate these figures and give a clearer picture of how assets are distributed across the Irish banking sector. Data used Central Bank of Ireland, annual reports 2023 of each bank. ✅ #Banking #Finance #Ireland #Economy #AssetManagement #IrishBanking

About 70% of international banking and investment firms plan to expand their operations in Ireland this year. However, many are struggling to attract talent and comply with new regulatory requirements. These challenges are causing significant roadblocks for firms looking to grow. #banking #financialservices #Ireland #regulatory #housing

On tonight’s Flusek, we will be discussing the financial results of HSBC Bank Malta plc for the year 2023. Ms. Charlotte Cilia, the Chief Financial Officer of HSBC Bank Malta, will be joining us to provide insights into the bank's performance. HSBC Bank Malta has just announced a pre-tax profit of €133.9m for 2023, a significant increase from €78.3m in 2022. We'll be asking Charlotte what factors contributed to this sharp increase in profits and how the bank plans to sustain this growth. After a short break, we'll be joined by Mr. Gabriel Mansueto to discuss how an investment portfolio varies when a person seeks financial advice. Gabriel will share insights into how financial advice is tailored to individual needs and preferences, and how asset allocation is determined based on investor information. Flusek is aired tonight at 20:15hrs on Net TV. 💼💰 🚀💰 📈🌍   #Flusek #financialplanning #financialadvice #FinancialMarkets #HSBCBankMalta #FinancialResults

BOS Closes Luxembourg Office, Rejigs Europe Strategy: In a move to recalibrate its business strategy in Europe, the private banking arm of OCBC is closing its Luxembourg office to focus instead on London, finews.asia has learned. #BankofSingapore #OCBC

If you advise SMEs on business and finance, the SBCI would appreciate your insights -- please consider taking a few minutes to complete our annual Advisor Survey!

At National Bank Financial, leveraging the services of our banking partners is just one of the many ways that our Wealth Advisors are taking care of their clients’ overall wealth management needs. Our advisors enjoy the entrepreneurial spirit that we embody, while having the resources and partnerships of a top 6 Canadian bank at their fingertips. Interested in learning more about why we’re the #bestofbothworlds, come check us out: https://lnkd.in/ggVHipss #wealthmanagement #advisor #culturematters