Chapter News, Uncategorized

Investment Plan for Europe: EIB and Santander sign two agreements to support SMEs and finance renewable energy projects

The European Investment Bank (EIB) and Banco Santander have signed two agreements with Investment Plan for Europe guarantees to provide financing for Spanish SMEs and help develop investment in renewable energy. The first of the agreements is a new EIB instrument to spread credit risk across both institutions. This financial instrument will enable Banco Santander to expand its capacity to grant loans to finance new investments from Spanish SMEs, which will be able to benefit from the favourable financing conditions made possible...

Read more

Member News, Uncategorized

Charities Update: Should Your Charity Consider a Merger?

In an era of intense competition for funding and enhanced governance and regulatory standards, a merger of two or more charities can lead to increased efficiencies and improved services for beneficiaries. We explain the most common merger structures for charities and highlight the potential benefits for charities considering a merger.  What is a merger of charities?   A merger of charities is the joining of two or more charities into one, larger organization.   There are several ways that a merger between charities can...

Read more

Uncategorized

Houlihan Lokey Advises Mineral Fusion Natural Brands

Houlihan Lokey is pleased to announce the sale of Mineral Fusion Natural Brands LLC, a portfolio company of North Castle Partners, to BWX Ltd. (ASX:BWX). The transaction closed on June 30, 2017. Mineral Fusion Natural Brands is a leading natural beauty and personal care company and the owner of the market-leading Mineral Fusion brand with the No. 1 position in natural cosmetics. Its innovative collection of antioxidant-enhanced, mineral-rich cosmetics, hair care, body care, skin care, and nail care products are free from...

Read more

Member News, Uncategorized

Pepper Hamilton Closes more than 20 Deals in the First Quarter of 2017

Pepper Hamilton today announced results of the deals closed during the first quarter, ending March 31, 2017. The firm counseled on more than 20 deals with combined transaction values in the billions, including a $1.4 billion merger between American Realty Capital – Retail Centers of America, Inc. and American Finance Trust, Inc. “The results of these significant transactions throughout the first quarter are a testament to our commitment to the essentials of our client service — client-centric market knowledge and...

Read more

Chapter News, Uncategorized

Europe Passes Last Hurdle to End Mobile Roaming Fees on June 15

The European Council yesterday adopted the legal act that limits how much mobile operators can charge each other — the final step in the multi-stage, multi-year process for the region’s lawmakers to agree an end to roaming charges for citizens. The ‘roam like at home’ policy will come into affect across the European Union from June 15. A preliminary deal to end charges for EU citizens’ using their mobile device in another European country other than their own was agreed in June 2015. This February final agreement was reached between the executive...

Read more

Member News, Uncategorized

The Foundations of our Freedom: How global institutions uphold our international order

  By Sally A. Painter As the European Union celebrates the 60th anniversary of the Treaty of Rome, it is impossible to ignore that the fate of international institutions in the West is in question. Whether in the form of Brexit, Trump, governments in Hungary and Poland, or populist candidates across Europe, antipathy and distrust towards international institutions and multilateral arrangements has brought new calls for the re-nationalization of state authority, sovereignty, and local identity. How did we get here? International institutions and...

Read more

Chapter News, Uncategorized

Current Challenges to the Euro Area: A German Perspective

Speech by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, Columbia University, New York: Ladies and gentlemen, It is a great pleasure to be here at Columbia University today. It is an excellent occasion to cherish the transatlantic exchange of ideas – something that has accompanied me throughout my entire career and from which I personally have always benefited. For the next half an hour, I am going to talk about the current challenges in the euro area. I...

Read more

Uncategorized

EU priorities for 2017: What Parliament Has Achieved so Far

The European Union is focussing this year on delivering results in areas that matter to all Europeans. EU institutions have agreed on a set of priorities ranging from boosting e-commerce to protecting the environment and strengthening borders. Four months into the year, check out which major legislative proposals MEPs have already approved. At the end of 2016, the European Parliament, Council and Commission signed for the first time a joint declaration setting out a list of legislative proposals that should...

Read more

Uncategorized

The Global Crisis and regional employment in Europe: The performance of sheltered economies

by Ugo Fratesi, Andrés Rodríguez-Pose Prior to the Great Recession, many European regions witnessed the emergence of economies which were impervious to changes in the business cycle (or ‘sheltered’ economies). We know little about how such regions coped with the Global Crisis. This column argues that regions with more sheltered economies performed worse in terms of employment change after the crisis compared to those with more open economies. Regional policy should focus on making lagging regions more open, dynamic, and...

Read more

Chapter News, Uncategorized

U.S. Secretary of Commerce Announces Swiss-U.S. Privacy Shield Framework is Open for Business

Today, U.S. Secretary of Commerce Wilbur Ross announced that the newly launched Swiss-U.S. Privacy Shield Framework is now accepting self-certifications. The Framework provides companies a mechanism to comply with Swiss data protection requirements when transferring personal data from Switzerland to the United States in support of transatlantic commerce. “The Swiss-U.S. Privacy Shield Framework supports U.S. economic growth by ensuring that Swiss and American businesses can transfer data and deliver innovative online products and services under enhanced data protection,” said Secretary Ross. “It...

Read more