Raising over £1.1m for Save the Children at the IFR Awards Dinner

Earlier this month at the 20th annual Thomson Reuters International Financing Review (IFR) awards gala dinner , £1,164,240 was pledged to Save the Children, the global charitable organization that works to save and improve the lives of some of the world’s most vulnerable children. During the evening’s proceedings, senior representatives of the world’s leading investment banks pledged money to Save the Children via an interactive charity bidding board. Morgan Stanley topped the list of contributors with a phenomenal bid of £630,000, the largest ever Bookrunner bid to Save the Children in 20 years of IFR Awards history.

The dinner, organized by IFR, was attended by over 1,000 senior investment bankers.. The event is recognied as the key awards ceremony for global financiers and is Save the Children’s largest single annual fundraiser.

IFR award winners for 2014 include: (more…)

Hockey Day in Minnesota

Rick King, COO of Technology at Thomson Reuters, talks about our company’s sponsorship of Hockey Day in Minnesota, with Lou Nanne, Pat McDonald and Natalie Darwitz.

Runway to launch: How Reuters TV stories are produced

Reuters TV is a forward-thinking service that’s on-demand, up-to-date, relevant and mobile – putting users in control of what they watch and when they watch it. Get ready for the release for iPhone users in the U.S. and UK later this month. We recently caught up with Reuters TV Senior Producer in Asia Sarah Charlton who gave us a look into how stories are produced.

Can you tell a bit more about your role as a senior producer for Reuters TV?

As a senior producer it’s my job to work closely with my editorial colleagues and determine which stories we cover and how we produce them, while ensuring our team hits deadlines to get content out quickly. That means liaising with my text and TV colleagues, commissioning reports and also keeping across the big and breaking news. In Asia, we have a huge region with different time zones and complications, which makes the job all the more challenging and exciting. Reuters TV is a great way for us to tap into expertise and insight from across such a wide area, and to get those stories/people on camera. I’m a point of contact – but only one part of a large and diverse team. I’m fortunate to work with some very talented writers/producers/editors who know how to script visual stories which pack a punch.

What’s been your favorite story to cover so far with Reuters TV? Why?

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Apple sets global profit record – Graphic of the day

Apple smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season, powering the company with an $18 billion profit, the largest in corporate history. Today’s graphic looks at Apple’s rise in net profit and revenue, as well as the company’s revenue breakdown by region.

Apple sets global profit record - Graphic of the day

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Patently Inventive: Profiles in Thought Leadership

At Thomson Reuters, our customers find value in innovative products and solutions. Every year, we file patents for inventions our employees create to enhance the experience in how our content is consumed. Meet Scott Daup, architect, Mobile Technology & Advanced Product Innovation; Dan Bennett, vice president, Enterprise Data Services, Platform group; and Jose Hernandez, lead iOS engineer, Mobile Mobile Technology & Advanced Product Innovation. These inventors submitted a patent for an invention that makes it easier for customers to find their way across the deep and complex content via the table of contents in the ProView eReader.

Learn more about Thomson Reuters ProView.

Top 10 videos from Davos

A worker prepares the sign at the entrance hall of the congress centre, the venue of the World Economic Forum (WEF), in the Swiss mountain resort of Davos

Here are some of the best video clips from the World Economic Forum annual meeting in Davos:

ECB quantitative easing won’t save the euro zone economy – Roubini

Even if the European Central Bank embarks on quantitative easing it’s unlikely to either boost the economy or tackle deflation, says NYU Economics Professor Nouriel Roubini. What’s needed is a massive fiscal stimulus, which Germany won’t agree to. (more…)

Conduct Risk Report 2014/15

REUTERS/Lucas Jackson

Yesterday we announced the findings of our Conduct Risk Report 2014/15 which revealed that managing and mitigating conduct risk continues to be one of the highest regulatory priorities, yet financial services firms remain unclear about what conduct risk is and how to address it. This lack of clarity, coupled with recent regulatory actions, appear to be driving concern about personal liability consequences.

In 2013, we undertook the first industry-wide survey into conduct risk to understand how financial services firms worldwide were implementing and managing this relatively new regulatory concept. This report seeks to understand in more depth the practical actions that firms have taken and to determine what changes and progress firms have made during the 12 months since the previous survey. More than 200 compliance and risk practitioners from financial services firms were surveyed between September and October 2014. Responses were received from across Africa, the Americas, Asia, Australasia, Europe and the Middle East. They represented banks, brokers, insurers and asset managers. Firms were not only geographically widely spread but also represented a wide range of sizes, from the small to global conglomerates, and included the majority of global systemically important financial institutions (G-SIFIs).

The results from the survey will enable firms to benchmark their views, preparations and expectations against those of their peers. As well as providing deep insight into current industry thinking and practices, this report also seeks to demystify the uncertainty surrounding conduct risk and provide insight into developing regulatory expectations. The results continue to reflect the uncertain approach to managing conduct risk. It is clear, however, that there has been a convergence and sharpening of focus in terms of the main elements that consistently underpin conduct risk across all types of firms and regions. Critically, and in line with the heightened regulatory focus, there has been a marked increase in board and senior manager-level interest and involvement in conduct risk management. Despite the ever-increasing volume of regulatory change and other competing demands which firms continue to face, the fact that conduct risk is now receiving this heightened level of scrutiny from the most senior managers emphasizes that conduct has become one of the highest priorities for financial services firms.

Some highlights from the report: (more…)

Euro zone’s long journey to QE – Graphic of the day

Last week, the Central European Bank launched a landmark bond buying program that runs from March this year until September next year. Today’s graphic looks at market reactions when the U.S. implemented its quantitative easing policies.

Euro zone's long journey to QE - Graphic of the day

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

The tremendous impact of mobile

2015 Gates Annual Letter

One of the things I love reading is the annual letter from the Bill & Melinda Gates Foundation. It coincides nicely with what seems to be lots of stories on where our planet will be in 2030 (ed note: Like our series on the World in 2025!). This one does exactly the same, placing a huge emphasis on the impact of mobile technology over the next 15 years.

The report looks at four core areas: health, farming, banking, and education. Every one of these areas will be touched by mobile technology, and the Gates report specifically highlights the impact on the latter three. Simply take a look at the pictures the report uses for farming and banking: (more…)

The most tax-friendly states for New Year’s resolutions

tax map

We recently released a list of popular New Year’s resolutions and their associated sales tax across the countryThe list shows that more states are now taxing previously exempt services. Michigan, Maryland, Massachusetts, California, Nevada, Rhode Island and South Carolina top the list of the most tax-friendly states for New Year’s resolutions, as they don’t levy any sales tax on groceries, e-books or gym memberships.

The above map further outlines the breakdown for taxes on these popular resolutions in each state. You can see the full list here and some highlights below:  (more…)