mergermarket s Q M&A House League Tables of Financial Advisers to European M&A

Size: px
Start display at page:

Download "mergermarket s Q M&A House League Tables of Financial Advisers to European M&A"

Transcription

1 April 17, 2006 Contact Information: Janice Tsang (deal queries, submissions etc) Tel: +44 (0) Hannah Bagshawe (PR) Tel: +44 (0) mergermarket s Q M&A House League Tables of Financial Advisers to European M&A Regional league tables provided for Europe, United Kingdom, Germany, France, Ireland, Nordic Region, Benelux Region, Italy, Portugal & Spain and CEE. EUROPE: in Europe in the period 01 January March 2007 (1) 4 1 Merrill Lynch 88, Morgan Stanley 63, Goldman Sachs 59, UBS 40, JPMorgan 38, Deutsche Bank 37, Citigroup 36, Rothschild 31, Credit Suisse 25, Lehman Brothers 24, BNP Paribas 23, ABN AMRO 22, HSBC Bank 21, Banesco 14, Dresdner Kleinwort 13, CALYON 12, Kotak Investment Banking 10, Mediobanca 10, Lazard 9, PricewaterhouseCoopers Corp Fin 7,

2 in Europe in the period 01 January March 2007 (1) 2 1 Rothschild 31, KPMG Corp Fin 4, PricewaterhouseCoopers Corp Fin 7, UBS 40, Deutsche Bank 37, Ernst & Young 5, Citigroup 36, Deloitte 6, Goldman Sachs 59, Credit Suisse 25, Morgan Stanley 63, JPMorgan 38, ABN AMRO 22, Merrill Lynch 88, Lazard 9, BNP Paribas 23, HSBC Bank 21, Lehman Brothers 24, M&A International Grant Thornton Corporate Finance

3 UNITED KINGDOM: in the United Kingdom in the period 01 January March 2007 (1) 4 1 Morgan Stanley 36, UBS 26, Citigroup 23, Goldman Sachs 22, Deutsche Bank 20, JPMorgan Cazenove 16, Rothschild 16, Kotak Investment Banking 10, Credit Suisse 10, Lehman Brothers 8, Merrill Lynch 8, PricewaterhouseCoopers Corp Fin 6, Hawkpoint Partners 5, Lazard 5, Scotia Capital 5,407 2 in the United Kingdom in the period 01 January March 2007 (1) 3 1 Rothschild 16, KPMG Corp Fin 1, PricewaterhouseCoopers Corp Fin 6, UBS 26, Deloitte 4, Ernst & Young 4, Citigroup 23, Deutsche Bank 20, JPMorgan Cazenove 16, Credit Suisse 10, Merrill Lynch 8, Grant Thornton Corporate Finance Goldman Sachs 22, Morgan Stanley 36, Lazard 5,

4 GERMANY: in Germany in the period 01 January March 2007 (1) 4 1 Merrill Lynch 75, Goldman Sachs 20, Rothschild 12, Deutsche Bank 11, Dresdner Kleinwort 11, JPMorgan 11, = BNP Paribas 10, = CALYON 10, = Lehman Brothers 10, Citigroup 6, Morgan Stanley 6, Credit Suisse 5, UBS 4, Lazard 4, ABN AMRO 4,255 6 in Germany in the period 01 January March 2007 (1) 2 1 Deutsche Bank 11, Rothschild 12, Ernst & Young 3, Goldman Sachs 20, Lazard 4, UBS 4, Morgan Stanley 6, ABN AMRO 4, Citigroup 6, Dresdner Kleinwort 11, Credit Suisse 5, Lincoln International KPMG Corp Fin Close Brothers Group JPMorgan 11,

5 FRANCE: in France in the period 01 January March 2007 (1) 1 1 BNP Paribas 21, Rothschild 17, JPMorgan 14, Goldman Sachs 13, Lehman Brothers 13, CALYON 12, Dresdner Kleinwort 10, Mediobanca 7, UBS 6, Credit Suisse 3, Hawkpoint Partners 3, Citigroup 1, ABN AMRO 1, Deutsche Bank 1, = Natexis Finance 1, = Oddo & Cie 1,487 1 in France in the period 01 January March 2007 (1) 3 1 BNP Paribas 21, Rothschild 17, JPMorgan 14, UBS 6, SG 1, Lazard Deutsche Bank 1, Ernst & Young 1, HSBC Bank 1, PricewaterhouseCoopers Corp Fin Aforge Finance Goldman Sachs 13, Lehman Brothers 13, Mediobanca 8, Credit Suisse 3,

6 IRELAND: in Ireland in the period 01 January March 2007 (1) 9 1 Credit Suisse 1, Citigroup = Goodbody Corp Fin = NCB Corp Finance = Jefferies & Company = Merrill Lynch source:mergermarket in Ireland in the period 01 January March 2007 (1) 7 1 KPMG Corp Fin Credit Suisse 1, AIB Corporate Finance Citigroup Deloitte

7 NORDIC REGION*: in the Nordic Region in the period 01 January March 2007 (1) 5 1 Deutsche Bank 4, PricewaterhouseCoopers Corp Fin 3, Goldman Sachs 2, Morgan Stanley 2, Lexicon Partners 2, = Mitsubishi UFJ Securities Co 2, = Mizuho Corporate Bank 2, SEB Enskilda 2, Lehman Brothers 1, Sal. Oppenheim jr & Cie 1, KPMG Corp Fin 1, Credit Suisse Handelsbanken Capital Markets CIBC World Markets Citigroup in the Nordic Region in the period 01 January March 2007 (1) 1 1 SEB Enskilda 2, Carnegie Group Nordea Corporate Finance ABG Sundal Collier Ernst & Young PricewaterhouseCoopers Corp Fin 3, Deutsche Bank 4, Goldman Sachs 2, Global M&A Danske Markets Corporate Finance KPMG Corp Fin 1, Swedbank Markets Lazard Access Partners ABN AMRO * The Nordic Region includes Sweden, Denmark, Finland, Faroe Islands, Greenland, Iceland and Norway. 7

8 BENELUX REGION**: in Benelux in the period 01 January March 2007 (1) 1 1 Morgan Stanley 14, Goldman Sachs 12, ABN AMRO 12, Credit Suisse 4, Citigroup 3, UBS 2, Rothschild 2, Deutsche Bank 1, Deloitte 1, Lehman Brothers 1, Duff & Phelps 1, ING 1, JPMorgan Rabobank Greenhill & Co in Benelux in the period 01 January March 2007 (1) 2 1 ABN AMRO 12, Morgan Stanley 14, Rothschild 2, Credit Suisse 4, Citigroup 3, ING 1, Ernst & Young Deloitte 1, Lehman Brothers 1, JPMorgan Rabobank Goldman Sachs 12, UBS 2, William Blair & Company Fortis ** The Benelux region includes Belgium, The Netherlands and Luxembourg. 8

9 ITALY: in Italy in the period 01 January March 2007 (1) 3 1 Mediobanca 9, Deutsche Bank 6, BNP Paribas 5, Credit Suisse 4, UBS 4, Unicredit Group 4, Lehman Brothers 3, Gruppo Banca Leonardo 1, Merrill Lynch 1, Lazard 1, = Goldman Sachs 1, = JPMorgan 1, Financial Managers 1, Deloitte 1, KPMG Corp Fin in Italy in the period 01 January March 2007 (1) 1 1 Mediobanca 9, KPMG Corp Fin Deloitte 1, PricewaterhouseCoopers Corp Fin Citigroup Inc Deutsche Bank 6, Merrill Lynch 1, BNP Paribas 5, Credit Suisse 4, UBS 4, Unicredit Group 4, Lehman Brothers 3, Gruppo Banca Leonardo 1, Lazard 1, Intesa Sanpaolo

10 PORTUGAL and SPAIN: in Portugal and Spain in the period 01 January March 2007 (1) 6 1 HSBC Bank 15, Banesco 14, Morgan Stanley 9, Sandler O'Neill & Partners 7, Citigroup 3, Lazard 2, JPMorgan 2, Goldman Sachs 1, Rothschild 1, Deloitte 1, UBS 1, = Financial Managers 1, = Gruppo Banca Leonardo 1, = Mediobanca 1, Socios Financieros in Portugal and Spain in the period 01 January March 2007 (1) 15 1 Deloitte 1, Norgestion Atlas Capital Close Brothers Morgan Stanley 9, Socios Financieros KPMG Corp Fin HSBC Bank 15, Citigroup 3, Lazard 2, UBS 1, Deutsche Bank PricewaterhouseCoopers Corp Fin Banesco 14, Sandler O'Neill & Partners 7, JPMorgan 2,

11 CEE***: in the CEE region in the period 01 January March 2007 (1) 1 1 Deutsche Bank 3, Citigroup 2, Goldman Sachs 2, ABN AMRO 1, Merrill Lynch HSBC Bank Morgan Stanley Dresdner Kleinwort Lazard = Lehman Brothers = Swedbank Markets UBS = BNP Paribas = JPMorgan Unicredit Group in the CEE region in the period 01 January March 2007 (1) 2 1 Deutsche Bank 3, Morgan Stanley Citigroup 2, Rothschild Renaissance Capital Merrill Lynch HSBC Bank Lazard UBS Unicredit Group Credit Suisse Deloitte PricewaterhouseCoopers Corp Fin Global M&A Goldman Sachs 2,377 1 *** The CEE region includes Armenia, Azerbaijan, Belarus, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, FYROM, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, and Ukraine. 11

12 Notes to Editors 1. Criteria: The Q1 league tables are based on announced transactions (where the bidder or target or parent of either is from the country or region to which the table refers), over EUR 5m in the period from 1 January 2007 to 31 March Deals with undisclosed deal values are included where the target s turnover exceeds EUR 10m. Activities excluded from the league tables include property transactions and restructurings where the ultimate shareholders interests are not changed. About mergermarket mergermarket is part of The Mergermarket Group which has over 400 employees worldwide and regional head offices in London, New York and Hong Kong. mergermarket is an unparalleled mergers and acquisitions (M&A) intelligence service, unique for its provision of origination intelligence to the investment banking, legal, private equity, acquisition finance, public relation and corporate markets. With an unrivalled network of analysts covering M&A in Europe, the Americas and Asia-Pacific, mergermarket generates proprietary intelligence and delivers it on its mergermarket.com platform and by real-time alerts to subscribers. This wealth of intelligence, together with a series of historical deal databases, individual and house league tables, profiles and editorial have proven time and time again that this product can and does generate real revenues for clients. This is confirmed by the fact that mergermarket s services are used by over 1,000 of the world s foremost advisory firms to assist in their origination process. Visit us at: Contact Information: Janice Tsang (deal queries, submissions etc) janice.tsang@mergermarket.com Tel: +44 (0) Hannah Bagshawe (PR) hannah.bagshawe@mergermarket.com Tel: +44 (0)

mergermarket league tables of financial advisers to global M&A for Year End 2007

mergermarket league tables of financial advisers to global M&A for Year End 2007 January 02, 2008 mergermarket league tables of financial advisers to global M&A for Year End 2007 Contacts: Europe Nancy Costantinopoli (deal queries, submissions, etc.) nancy.costantinopoli@mergermarket.com

More information

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia Germany Belgium Portugal Spain France Switzerland Italy England Netherlands Iceland Poland Croatia Slovakia Russia Austria Wales Ukraine Sweden Bosnia-Herzegovina Republic of Ireland Czech Republic Turkey

More information

Nordics trend report YTD 2015

Nordics trend report YTD 2015 Nordics trend report 215 Mergermarket Regional Trend Report: Nordics, 215 1 www.mergermarket.com Nordics trend report, 215 Overview A post crisis high deal value and deal in 214 set the bar high for Nordic

More information

Comparing pay trends in the public services and private sector. Labour Research Department 7 June 2018 Brussels

Comparing pay trends in the public services and private sector. Labour Research Department 7 June 2018 Brussels Comparing pay trends in the public services and private sector Labour Research Department 7 June 2018 Brussels Issued to be covered The trends examined The varying patterns over 14 years and the impact

More information

Slovenia Country Profile

Slovenia Country Profile Slovenia Country Profile EU Tax Centre July 2015 Key tax factors for efficient cross-border business and investment involving Slovenia EU Member State Double Tax Treaties With: Albania Armenia Austria

More information

InnovFin SME Guarantee

InnovFin SME Guarantee InnovFin SME Guarantee Implementation Update Reporting date: 30/09/2017 Disclaimer This presentation contains general information about the implementation results of InnovFin SME Guarantee, a facility

More information

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved Performance of EBRD Private Equity Funds Portfolio Data to 31 st December 2010 0 Portfolio Overview 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class 133

More information

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%)

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%) Double Tax Treaties DTA Country Withholding Tax Rates (%) Albania 0 0 5/10 1 No No No Armenia 5/10 9 0 5/10 1 Yes 2 No Yes Australia 10 0 15 No No No Austria 0 0 10 No No No Azerbaijan 8 0 8 Yes No Yes

More information

FY18 Campaign Terms. CAMPAIGN AGREEMENT ( Campaign Agreement ) FOR CEE DYNAMICS 365 CSP CAMPAIGN ( Program )

FY18 Campaign Terms. CAMPAIGN AGREEMENT ( Campaign Agreement ) FOR CEE DYNAMICS 365 CSP CAMPAIGN ( Program ) 1. PROGRAM OVERVIEW CAMPAIGN AGREEMENT ( Campaign Agreement ) FOR CEE DYNAMICS 365 CSP CAMPAIGN ( Program ) OFFERED BY MIOL (MICROSOFT EOC) ( Microsoft ) and/or OFFERED BY MS Subsidiary ( Microsoft ) Microsoft

More information

Enterprise Europe Network SME growth outlook

Enterprise Europe Network SME growth outlook Enterprise Europe Network SME growth outlook 2018-19 een.ec.europa.eu 2 Enterprise Europe Network SME growth outlook 2018-19 Foreword The European Commission wants to ensure that small and medium-sized

More information

Economic and Social Council

Economic and Social Council United Nations ECE/MP.PP/WG.1/2011/L.7 Economic and Social Council Distr.: Limited 25 November 2010 Original: English Economic Commission for Europe Meeting of the Parties to the Convention on Access to

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 26 1 EBRD in Private Equity EBRD s portfolio of funds: 15 years of investing in the asset class Investment

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class

More information

Croatia Country Profile

Croatia Country Profile Croatia Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Croatia EU Member State Double Tax Treaties With: Albania Armenia Austria Azerbaijan

More information

Coach Plus Breakdown Insurance

Coach Plus Breakdown Insurance 1 Coach Plus Breakdown Insurance Specialist cover for UK and Europe Coach Plus Breakdown Annual Multi-trip Insurance 2018 Underwriting Guide - valid from 1st January 2018 Travel must take place within

More information

Latvia Country Profile

Latvia Country Profile Latvia Country Profile EU Tax Centre June 2018 Key tax factors for efficient cross-border business and investment involving Latvia EU Member State Double Tax Treaties With: Albania Armenia Austria Azerbaijan

More information

Enterprise Europe Network SME growth forecast

Enterprise Europe Network SME growth forecast Enterprise Europe Network SME growth forecast 2017-18 een.ec.europa.eu Foreword Since we came into office three years ago, this European Commission has put the creation of more jobs and growth at the centre

More information

Borderline cases for salary, social contribution and tax

Borderline cases for salary, social contribution and tax Version Abstract 1 (5) 2015-04-21 Veronica Andersson Salary and labour cost statistics Borderline cases for salary, social contribution and tax (Workshop on Labour Cost Survey, Rome, Italy 5-6 May 2015)

More information

European Advertising Business Climate Index Q4 2016/Q #AdIndex2017

European Advertising Business Climate Index Q4 2016/Q #AdIndex2017 European Advertising Business Climate Index Q4 216/Q1 217 ABOUT Quarterly survey of European advertising and market research companies Provides information about: managers assessment of their business

More information

Building the expert platform for Asian investments. asiafundmanagers.com

Building the expert platform for Asian investments. asiafundmanagers.com Building the expert platform for Asian investments 1 There is a gap of 9 trn. USD 9 21 trn. USD if allocated to world GDP** 12trn. USD today* trn. USD * 17,29 percent of world equity market cap (MSCI,

More information

EU-28 RECOVERED PAPER STATISTICS. Mr. Giampiero MAGNAGHI On behalf of EuRIC

EU-28 RECOVERED PAPER STATISTICS. Mr. Giampiero MAGNAGHI On behalf of EuRIC EU-28 RECOVERED PAPER STATISTICS Mr. Giampiero MAGNAGHI On behalf of EuRIC CONTENTS EU-28 Paper and Board: Consumption and Production EU-28 Recovered Paper: Effective Consumption and Collection EU-28 -

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) In the period January - April 2017 Bulgarian exports to the EU increased by 8.6% 2016 and amounted to 10 418.6 Million BGN

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) In the period January - May 2017 Bulgarian exports to the EU increased by 10.8% 2016 and added up to 13 283.0 Million BGN (Annex,

More information

Title. Published 3rd January Financial Advisors

Title. Published 3rd January Financial Advisors Mergermarket M&A Trend Report: 213 Title Published 3rd January 214 Including League Tables of comparison Quarterly M&A growth Financial Advisors Mergermarket 213 Trend Report Mergermarket 213 Trend Report

More information

The Architectural Profession in Europe 2012

The Architectural Profession in Europe 2012 The Architectural Profession in Europe 2012 - A Sector Study Commissioned by the Architects Council of Europe Chapter 2: Architecture the Market December 2012 2 Architecture - the Market The Construction

More information

TAXATION OF TRUSTS IN ISRAEL. An Opportunity For Foreign Residents. Dr. Avi Nov

TAXATION OF TRUSTS IN ISRAEL. An Opportunity For Foreign Residents. Dr. Avi Nov TAXATION OF TRUSTS IN ISRAEL An Opportunity For Foreign Residents Dr. Avi Nov Short Bio Dr. Avi Nov is an Israeli lawyer who represents taxpayers, individuals and entities. Areas of Practice: Tax Law,

More information

Withholding Tax Handbook BELGIUM. Version 1.2 Last Updated: June 20, New York Hong Kong London Madrid Milan Sydney

Withholding Tax Handbook BELGIUM. Version 1.2 Last Updated: June 20, New York Hong Kong London Madrid Milan Sydney Withholding Tax Handbook BELGIUM Version 1.2 Last Updated: June 20, 2014 Globe Tax Services Incorporated 90 Broad Street, New York, NY, USA 10004 Tel +1 212 747 9100 Fax +1 212 747 0029 Info@GlobeTax.com

More information

press release mergermarket Global M&A Round-up for Year End January 2010, for immediate release Contact:s :

press release mergermarket Global M&A Round-up for Year End January 2010, for immediate release Contact:s : press release 4 January 2010, for immediate release Contact:s : Europe : Americas and Asia-Pacific: Flora Wilke Hannah Bagshawe flora.wilke@mergermarket.com hannah.bagshawe@mergermarket.com Tel: +44 20

More information

THE INVERTING PYRAMID: DEMOGRAPHIC CHALLENGES TO THE PENSION SYSTEMS IN EUROPE AND CENTRAL ASIA

THE INVERTING PYRAMID: DEMOGRAPHIC CHALLENGES TO THE PENSION SYSTEMS IN EUROPE AND CENTRAL ASIA THE INVERTING PYRAMID: DEMOGRAPHIC CHALLENGES TO THE PENSION SYSTEMS IN EUROPE AND CENTRAL ASIA 1 Anita M. Schwarz Lead Economist Human Development Department Europe and Central Asia Region World Bank

More information

Approach to Employment Injury (EI) compensation benefits in the EU and OECD

Approach to Employment Injury (EI) compensation benefits in the EU and OECD Approach to (EI) compensation benefits in the EU and OECD The benefits of protection can be divided in three main groups. The cash benefits include disability pensions, survivor's pensions and other short-

More information

Financial Accounting Advisory Services

Financial Accounting Advisory Services Financial Accounting Advisory Services Bringing clarity to the accounting for restructuring activities October 2014 Agenda 3 About EY 13 Contacts 15 Page 2 Accounting for restructuring Page 3 Why do companies

More information

Entitlement to NHS Hospital Treatment for Non-Resident UK Citizens

Entitlement to NHS Hospital Treatment for Non-Resident UK Citizens Entitlement to NHS Hospital Treatment for Non-Resident UK Citizens Entitlement to Free NHS Hospital Treatment by Non-Resident UK Citizens This leaflet has been compiled to explain the entitlement requirements

More information

Understanding Financial Interconnectedness

Understanding Financial Interconnectedness Understanding Financial Interconnectedness Key Messages Utility Bilateral surveillance Multilateral surveillance Macro-prudential policies Swap Lines England ECB Switzerland United States JAPAN Swap Lines

More information

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017 Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems 5 October 2017 Deutsche Börse Group 1 Settlement services: single point of access to cost-effective, low risk and

More information

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS EUROPEAN COMMISSION Brussels,.4.29 COM(28) 86 final/ 2 ANNEXES to 3 ANNEX to the REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE

More information

Lithuania Country Profile

Lithuania Country Profile Lithuania Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Lithuania EU Member State Yes Double Tax Treaties With: Armenia Austria Azerbaijan

More information

Financial situation by the end of Table 1. ECPGR Contributions for Phase IX received by 31 December 2016 (in Euro)...3

Financial situation by the end of Table 1. ECPGR Contributions for Phase IX received by 31 December 2016 (in Euro)...3 European Cooperative Programme for Plant Genetic Resources (ECPGR) Phase IX (2014 2018) Financial Report CONTENTS Financial situation by the end of...2 Table 1. ECPGR Contributions for Phase IX received

More information

466 deals $2.1bn $16.3bn

466 deals $2.1bn $16.3bn UK Investment Banking Review First Quarter 216 UK investment banking revenue in 1Q 216 totaled $1.bn, down 21% year-on-year. Deal volume from UK targeted M&A dropped 34% year-on-year to $49.3bn. The same

More information

APA & MAP COUNTRY GUIDE 2017 CROATIA

APA & MAP COUNTRY GUIDE 2017 CROATIA APA & MAP COUNTRY GUIDE 2017 CROATIA Managing uncertainty in the new tax environment CROATIA KEY FEATURES Competent authority APA provisions/ guidance Types of APAs available APA acceptance criteria Key

More information

Slovakia Country Profile

Slovakia Country Profile Slovakia Country Profile EU Tax Centre July 2016 Key tax factors for efficient cross-border business and investment involving Slovakia EU Member State Double Tax Treaties Yes With: Australia Austria Belarus

More information

FCCC/SBI/2010/10/Add.1

FCCC/SBI/2010/10/Add.1 United Nations Framework Convention on Climate Change Distr.: General 25 August 2010 Original: English Subsidiary Body for Implementation Contents Report of the Subsidiary Body for Implementation on its

More information

Chart pack to council for cooperation on macroprudential policy

Chart pack to council for cooperation on macroprudential policy Chart pack to council for cooperation on macroprudential policy Contents List of charts... 3 Macro and macro-financial setting... 5 Swedish macroeconomic setting... 5 Foreign macroeconomic setting... Macro-financial

More information

Benchmark your Global Fund Distribution 2015

Benchmark your Global Fund Distribution 2015 Benchmark your Global Fund Distribution 215 Asset Management Evolution of cross-border distribution Number of cross-border funds and registrations 1, 9, 9,436 11% 9,869 5% 1,43 6% 11, 1, Number of cross-border

More information

EU BUDGET AND NATIONAL BUDGETS

EU BUDGET AND NATIONAL BUDGETS DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT ON BUDGETARY AFFAIRS EU BUDGET AND NATIONAL BUDGETS 1999-2009 October 2010 INDEX Foreward 3 Table 1. EU and National budgets 1999-2009; EU-27

More information

Finland Country Profile

Finland Country Profile Finland Country Profile EU Tax Centre July 2016 Key tax factors for efficient cross-border business and investment involving Finland EU Member State Double Tax Treaties With: Argentina Armenia Australia

More information

Tax Newsflash January 31, 2014

Tax Newsflash January 31, 2014 Tax Newsflash January 31, 2014 Luxembourg s New Double Tax Treaties As of 1 January 2014, Luxembourg further enlarged its double tax treaty network with the entry into force of the new double tax treaties

More information

Austria Country Profile

Austria Country Profile Austria Country Profile EU Tax Centre March 2014 Key tax factors for efficient cross-border business and investment involving Austria EU Member State Yes Double Tax Treaties With: Albania Algeria Armenia

More information

Table of Contents. 1 created by

Table of Contents. 1 created by Table of Contents Overview... 2 Exemption Application Instructions for U.S. Tax Residents Living in the U.S.... 3 Exemption Application Instructions for Tax Residents of European Union Member States (other

More information

Financial wealth of private households worldwide

Financial wealth of private households worldwide Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate

More information

Using health spending to achieve fiscal consolidation objectives?

Using health spending to achieve fiscal consolidation objectives? Using health spending to achieve fiscal consolidation objectives? Dr. Tamás Evetovits Senior Health Financing Specialist WHO Regional Office for Europe Outline Let s get the objectives right Dealing with

More information

Long Term Reform Agenda International Perspective

Long Term Reform Agenda International Perspective Long Term Reform Agenda International Perspective Asta Zviniene Sr. Social Protection Specialist Human Development Department Europe and Central Asia Region World Bank October 28 th, 2010 We will look

More information

Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile

Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)

More information

Real Estate & Private Equity workshop

Real Estate & Private Equity workshop Real Estate & Private Equity workshop Moderator: Panelists: Joseph Hendry, Managing Director, Brown Brothers Harriman Gautier Despret, Senior Manager, Ernst & Young Patrick Goebel, Counsel, Allen & Overy

More information

Online Insurance Europe: BEST PRACTICES & TRENDS

Online Insurance Europe: BEST PRACTICES & TRENDS Online Insurance Europe: S & TRENDS NEW EDITION 2015 Your Benefits EUROPE S S & TRENDS: The first and only analysis of the current online insurance best practices in all of Europe. Over 100 best practices,

More information

11 th Economic Trends Survey of the Impact of Economic Downturn

11 th Economic Trends Survey of the Impact of Economic Downturn 11 th Economic Trends Survey 11 th Economic Trends Survey of the Impact of Economic Downturn 11 th Economic Trends Survey COUNTRY ANSWERS Austria 155 Belgium 133 Bulgaria 192 Croatia 185 Cyprus 1 Czech

More information

FOREWORD. Estonia. Services provided by member firms include:

FOREWORD. Estonia. Services provided by member firms include: 2016/17 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are

More information

Greece Country Profile

Greece Country Profile Greece Country Profile EU Tax Centre June 2018 Key tax factors for efficient cross-border business and investment involving Greece EU Member State Double Tax Treaties With: Albania Armenia Austria Azerbaijan

More information

Contents. Andreas Athinodorou Managing Director International Tax Planning

Contents. Andreas Athinodorou Managing Director International Tax Planning Seize the advantage of our expertise Technical Newsletter This publication should be used as a source of general information only. For the specific applications of the Law, professional advice should be

More information

Financial situation by the end of Table 1. ECPGR Contributions for Phase IX received by 31 December 2017 (in Euro)...3

Financial situation by the end of Table 1. ECPGR Contributions for Phase IX received by 31 December 2017 (in Euro)...3 European Cooperative Programme for Plant Genetic Resources (ECPGR) Phase IX (2014 2018) 2017 Financial Report CONTENTS Financial situation by the end of 2017...2 Table 1. ECPGR Contributions for Phase

More information

Report Penalties and measures imposed under the UCITS Directive in 2016 and 2017

Report Penalties and measures imposed under the UCITS Directive in 2016 and 2017 Report Penalties and measures imposed under the Directive in 206 and 207 4 April 209 ESMA34-45-65 4 April 209 ESMA34-45-65 Table of Contents Executive Summary... 3 2 Background and relevant regulatory

More information

Live Long and Prosper? Demographic Change and Europe s Pensions Crisis. Dr. Jochen Pimpertz Brussels, 10 November 2015

Live Long and Prosper? Demographic Change and Europe s Pensions Crisis. Dr. Jochen Pimpertz Brussels, 10 November 2015 Live Long and Prosper? Demographic Change and Europe s Pensions Crisis Dr. Jochen Pimpertz Brussels, 10 November 2015 Old-age-dependency ratio, EU28 45,9 49,4 50,2 39,0 27,5 31,8 2013 2020 2030 2040 2050

More information

The current state of the electricity market in Bulgaria

The current state of the electricity market in Bulgaria The current state of the electricity market in Bulgaria Towards market liberalization Current state of the market Generation 42 TWh Export - 18% Losses - 9% Regulated market 33% Domestic free market -

More information

Move to T+2 settlement cycle: Singapore market

Move to T+2 settlement cycle: Singapore market Move to T+2 settlement cycle: Singapore market Lum Yong Teng 20 May 2015 Singapore Exchange Contents 1 Overview of Singapore market 2 Drivers for SGX to move to T+2 settlement cycle 3 Benefits for the

More information

TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA)

TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA) TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA) In the period January - June 2018 the exports of goods from Bulgaria to the EU increased by 10.7% 2017 and amounted

More information

Nord Pool. XBID webinar, May 2018

Nord Pool. XBID webinar, May 2018 Nord Pool XBID webinar, May 2018 Timeline 2 nd May: Member test starting 14 th to 18 th May: XBID common trial period 12 th JUNE XBID Go-live 2 Nord Pool intraday market areas Nord Pool markets, part of

More information

Oslo Børs your Gateway to International investors

Oslo Børs your Gateway to International investors Oslo Børs your Gateway to International investors September 2008 Agenda About Oslo Børs Listing opportunities in Oslo Listing requirements Summary Marketplaces and products Equities Equities ETFs Derivatives

More information

CYPRUS HOLDING COMPANIES

CYPRUS HOLDING COMPANIES CYPRUS HOLDING COMPANIES CONTENTS PREFACE... OUR ORGANIZATION... 3... 5... 7 CONFIDENCIALITY CYPRUS 1 CYPRUS HOLDING COMPANIES DOUBLE TAX TREATIES... 8... 9 WITHHOLDING TAXES ON ICOMING DIVIDENDS... 11

More information

Macroeconomic overview SEE and Macedonia

Macroeconomic overview SEE and Macedonia Macroeconomic overview SEE and Macedonia Zoltan Arokszallasi Chief Analyst, Macro & FX/FI Research Erste Group Bank Erste Investors Breakfast, 29 September, Skopje 02. Oktober SEE shows mixed performance

More information

Quarterly Gross Domestic Product of Montenegro 2st quarter 2016

Quarterly Gross Domestic Product of Montenegro 2st quarter 2016 Government of Montenegro Statistical Office of Montenegro Quarterly Gross Domestic Product of Montenegro 2st quarter 2016 The release presents the preliminary data for quarterly gross domestic product

More information

Introduction to Swedbank and Kepler Cheuvreux s partnership July In cooperation with:

Introduction to Swedbank and Kepler Cheuvreux s partnership July In cooperation with: Introduction to Swedbank and Kepler Cheuvreux s partnership July 2017 In cooperation with: New partnership strengthens Swedbank s offering Excellent international distribution power through local presence

More information

TARIFF. In force as of Investment Services in Financial instruments

TARIFF. In force as of Investment Services in Financial instruments TARIFF for fees and commissions of Raiffeisenbank (Bulgaria) EAD for deals and operations with financial instruments for individual clients and legal entities 1. Investment Services in Financial instruments

More information

Sweden Country Profile

Sweden Country Profile Sweden Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Sweden EU Member State Double Tax Treaties With: Albania Armenia Argentina Azerbaijan

More information

TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF REGULATIONS No. 3) (JERSEY) ORDER 2017

TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF REGULATIONS No. 3) (JERSEY) ORDER 2017 Taxation (Implementation) (Convention on Mutual Regulations No. 3) (Jersey) Order 2017 Article 1 TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF

More information

List of nationally authorised medicinal products

List of nationally authorised medicinal products 9 July 2015 EMA/483529/2015 Procedure Management and Committees Support Active substance: dapoxetine Procedure no.: PSUSA/00000928/201412 30 Churchill Place Canary Wharf London E14 5EU United Kingdom Telephone

More information

Summary of key findings

Summary of key findings 1 VAT/GST treatment of cross-border services: 2017 survey Supplies of e-services to consumers (B2C) (see footnote 1) Supplies of e-services to businesses (B2B) 1(a). Is a non-resident 1(b). If there is

More information

Iceland Country Profile

Iceland Country Profile Iceland Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Iceland EU Member State No, however, Iceland is a Member State of the European

More information

Information Leaflet No. 5

Information Leaflet No. 5 Information Leaflet No. 5 REGISTRATION OF EXTERNAL COMPANIES INFORMATION LEAFLET NO. 5 / May 2017 1. INTRODUCTION An external (foreign) limited company registered abroad may establish a branch in the State.

More information

Audit guidelines Mini One-Stop Shop for telecom, broadcasting and electronic services

Audit guidelines Mini One-Stop Shop for telecom, broadcasting and electronic services 24 June 2014 Indirect Tax Alert VAT no. 524 Audit guidelines Mini One-Stop Shop for telecom, broadcasting and electronic services Audit guidelines Mini One-Stop Shop for telecom, broadcasting and electronic

More information

How to complete a payment application form (NI)

How to complete a payment application form (NI) How to complete a payment application form (NI) This form should be used for making a payment from a Northern Ireland Ulster Bank account. 1. Applicant Details If you are a signal number indemnity holder,

More information

LIFESTYLE REWARDS 2017 GENERAL INFORMATION & POLICIES

LIFESTYLE REWARDS 2017 GENERAL INFORMATION & POLICIES LIFESTYLE REWARDS 2017 GENERAL INFORMATION & POLICIES PERIOD October 1, 2016 (12:01 a.m. EST) through February 28, 2017 (11:59 p.m. EST) CRITERIA See pages 3 10 of this document. TRIP LOCATIONS Varies

More information

2017 Figures summary 1

2017 Figures summary 1 Annual Press Conference on January 18 th 2018 EIB Group Results 2017 2017 Figures summary 1 European Investment Bank (EIB) financing EUR 69.88 billion signed European Investment Fund (EIF) financing EUR

More information

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE STOXX Limited STOXX EMERGING MARKETS INDICES. EMERGING MARK RULES-BA TRANSPARENT UNDERSTANDA SIMPLE MARKET CLASSIF INTRODUCTION. Many investors are seeking to embrace emerging market investments, because

More information

INTESA SANPAOLO S.p.A. INTESA SANPAOLO BANK IRELAND p.l.c. 70,000,000,000 Euro Medium Term Note Programme

INTESA SANPAOLO S.p.A. INTESA SANPAOLO BANK IRELAND p.l.c. 70,000,000,000 Euro Medium Term Note Programme PROSPECTUS SUPPLEMENT INTESA SANPAOLO S.p.A. (incorporated as a società per azioni in the Republic of Italy) as Issuer and, in respect of Notes issued by Intesa Sanpaolo Bank Ireland p.l.c., as Guarantor

More information

Pension Reforms Revisited Asta Zviniene Sr. Social Protection Specialist Human Development Department Europe and Central Asia Region World Bank

Pension Reforms Revisited Asta Zviniene Sr. Social Protection Specialist Human Development Department Europe and Central Asia Region World Bank Pension Reforms Revisited Asta Zviniene Sr. Social Protection Specialist Human Development Department Europe and Central Asia Region World Bank All Countries in the Europe and Central Asia Region Have

More information

2017 European Private Equity Activity

2017 European Private Equity Activity Disclaimer The information contained in this report has been produced by Invest Europe, based on data collected as part of the European Data Cooperative (EDC) and other third party information. While Invest

More information

PENTA CLO 2 B.V. (the "Issuer")

PENTA CLO 2 B.V. (the Issuer) THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES (AS DEFINED BELOW). IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING

More information

ISSUE OF ENDORSEMENTS ATTESTING TO THE RECOGNITION OF A CERTIFICATE OF COMPETENCY

ISSUE OF ENDORSEMENTS ATTESTING TO THE RECOGNITION OF A CERTIFICATE OF COMPETENCY SHIPPING NOTICE 05/2011 (Rev 7) ISSUE OF ENDORSEMENTS ATTESTING TO THE RECOGNITION OF A CERTIFICATE OF COMPETENCY To: OWNERS, MANAGERS, CHARTERERS, CREWING AGENCIES AND MASTERS OF CAYMAN ISLANDS SHIPS

More information

great place to live and to locate you business Ministry of Economy of the Republic of Moldova

great place to live and to locate you business Ministry of Economy of the Republic of Moldova Invest in Moldova great place to live and to locate you business Ministry of Economy of the Republic of Moldova Moldova a strategic location Proximity to key markets European Union Market Commonwealth

More information

SMALL CAP M&A REVIEW FINANCIAL ADVISORS. REUTERS / USA Today Sports

SMALL CAP M&A REVIEW FINANCIAL ADVISORS. REUTERS / USA Today Sports SMALL CAP M&A REVIEW FINANCIAL ADVISORS REUTERS / USA Today Sports Full Year 01 Full Year 01 SmallCap M&A Up To US$0m s Worldwide SmallCap Rankings (MM1a) MM1a Undisclosed Values & Values up to US$0m Jan

More information

Montenegro Country Profile

Montenegro Country Profile Montenegro Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Montenegro EU Member State (EU candidate) Double Tax Treaties With: Albania

More information

APA & MAP COUNTRY GUIDE 2017 DENMARK

APA & MAP COUNTRY GUIDE 2017 DENMARK APA & MAP COUNTRY GUIDE 2017 DENMARK Managing uncertainty in the new tax environment DENMARK KEY FEATURES Competent authority Danish Tax Office ( SKAT ) APA provisions/ guidance Types of APAs available

More information

Tax Card KPMG in Bulgaria. kpmg.com/bg

Tax Card KPMG in Bulgaria. kpmg.com/bg Tax Card 2017 KPMG in Bulgaria kpmg.com/bg CORPORATE TAX Corporate income tax (CIT) is due on the accounting profit after adjustments for tax purposes. The applicable tax rate for the year 2017 is 10%.

More information

Serbia Country Profile

Serbia Country Profile Serbia Country Profile EU Tax Centre July 2015 Key tax factors for efficient cross-border business and investment involving Serbia EU Member State Double Tax Treaties With: Albania Austria Azerbaijan Belarus

More information

Clinical Trials Insurance

Clinical Trials Insurance Allianz Global Corporate & Specialty Clinical Trials Insurance Global solutions for clinical trials liability Specialist cover for clinical research The challenges of international clinical research are

More information

APA & MAP COUNTRY GUIDE 2018 UKRAINE. New paths ahead for international tax controversy

APA & MAP COUNTRY GUIDE 2018 UKRAINE. New paths ahead for international tax controversy APA & MAP COUNTRY GUIDE 2018 UKRAINE New paths ahead for international tax controversy UKRAINE APA PROGRAM KEY FEATURES Competent authority Relevant provisions Types of APAs available Acceptance criteria

More information

Leasing in Europe State of Play and Outlook. Bucharest, Romania 19 November

Leasing in Europe State of Play and Outlook. Bucharest, Romania 19 November Leasing in Europe State of Play and Outlook Bucharest, Romania 19 November Agenda o About Leaseurope o Leasing in Europe o Leased Assets & Customers o State of the Industry o Industry Performance o Business

More information

Guide to Treatment of Withholding Tax Rates. January 2018

Guide to Treatment of Withholding Tax Rates. January 2018 Guide to Treatment of Withholding Tax Rates Contents 1. Introduction 1 1.1. Aims of the Guide 1 1.2. Withholding Tax Definition 1 1.3. Double Taxation Treaties 1 1.4. Information Sources 1 1.5. Guide Upkeep

More information

Switzerland Country Profile

Switzerland Country Profile Switzerland Country Profile EU Tax Centre June 2018 Key tax factors for efficient cross-border business and investment involving Switzerland EU Member State No. Please note that, in addition to Switzerland

More information

Switzerland Country Profile

Switzerland Country Profile Switzerland Country Profile EU Tax Centre July 2015 Key tax factors for efficient cross-border business and investment involving Switzerland EU Member State No. Please note that, in addition to Switzerland

More information

EU State aid: Guidelines on State aid for environmental protection and energy making of -

EU State aid: Guidelines on State aid for environmental protection and energy making of - EU State aid: Guidelines on State aid for environmental protection and energy 2014-2020 - making of - NHO Seminar Oslo, 5 November 2014 Guido Lobrano, Senior Legal Adviser Summary What is BUSINESSEUROPE?

More information