Monday, July 23, 2007

Overview of Investment Banking


In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to corporations, governments and institutional investors. Operating in 57 locations across 26 countries, Credit Suisse's investment banking business specializes in innovative solutions, drawing on expertise from across the full spectrum of products: debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, correspondent and prime brokerage services. We are a proven leader across the spectrum of investment banking, capital markets and financial services, ranking in the top tier in virtually all major business segments. Our organizational structure focuses on providing the highest quality of client-centric services.
About Investment Ideas

To enhance your investment strategies, take advantage of the full line of resources available online in Investment Insight. You may have access to broad-based research including earnings estimates and news reports from some of the most respected names in investing. In addition, you can access tools such as FundScan™ which is an interactive mutual fund screening and selection tool. You simply input the desired fund characteristics and performance criteria, and FundScan will assemble a list of mutual funds that meet your objectives.

Closed End Funds…
The Only Funds That Go "On Sale"


Americans are comfortable with mutual funds. According to Investor's Business Daily, we have over $11 trillion invested in them.

But there is another type of fund, one that holds much less in total assets, that is generally a better bargain. They're called closed end funds. And if you aren't familiar with them, you should be.

Open-end funds, like those offered by Fidelity, Vanguard and other leading mutual fund groups, continuously offer and redeem shares based on each day's closing net asset value.

Closed-end funds are different. They raise money on an initial public offering, just like a company going public, and then begin trading on an exchange.

Because these funds trade like stocks, you buy them through a brokerage account. And you can trade them intra-day using market orders, limit orders, or stop orders. They are marginable like stocks, too.
FOREX - US DOLLAR ENDS DEARER AGAINST RUPEE

MUMBAI, July 12 Asia Pulse - The US dollar ended slightly dearer against the Rupee at Rs 40.41 per dollar and the Pound Sterling also turned higher at Rs 82.09 per pound at the close of the Interbank Foreign Exchange (FOREX) market here on Wednesday.

The Euro ended at Rs 55.60 and Japanese Yen ended at Rs (100) 33.27.

FOREX and DOLLAR US


SYDNEY (Thomson Financial) - The US dollar was higher against the yen and euro early in Asian trading hours Friday, but still within familiar ranges, after Federal Reserve chairman Ben Bernanke concluded Thursday his semi-annual testimony to the US Congress.

Bernanke reiterated that the Fed's main concern was inflation and that weakness in the housing market in the US would be a drag on economic growth, but his remarks failed to shake the currency markets.

At 10.18 am here (0018 GMT), the dollar was at 122.15 yen, up from 122.01 yen in late trading in New York Thursday. The euro was at 1.3801 dollars, down from 1.3804 in New York.

The carry trade has been boosted by data released Thursday showing the Chinese economy expanded by 11.9 percent in the second quarter, growing at a faster rate than the 11.0 percent forecast by the market and the 11.1 percent recorded in the first quarter.

This helped the Australian dollar reach a new 18-year high of 0.8810 US dollars in New York trading.

The Australian dollar is also at its highest levels against the yen since the early 1990s.

NAB Capital said the Australian dollar had also been boosted by the higher prices for industrial metals.

'We note that the Australian-US dollar pair still looks quite undervalued relative to commodity prices, despite its strong run-up this year,' NAB Capital said.

'Even a further rise to 0.8950 US dollars, where it briefly traded in February 1989, would still leave quite a large gap with the current level of commodity prices.'

Wednesday, July 18, 2007

Find the Right Deals Online on Car Insurance



Car insurance is a necessary evil to many. If you have a car, you must have an insurance too. Good things need to be protected and especially a thing as beloved as a car needs protection against all those factors that can threaten to wear off its beauty. Accidents and natural wear and tear or even thefts or burglaries are sad possibilities that cannot be ruled off.

Car insurance comes as a great boon at times as these which may seem inevitable. And if you have set up your mind on going for a good deal on your car insurance, you need to do better research than others who might be wasting money due to unnecessary hurry. You ought to take your time to find the best deals and also, at the same time, keep in kind some basic guidelines that can help you make a match out of it—because in the end, what you would like is to give your car protection and an assurance of good treatment and in the process, not end up hurting your pocket either.

If you intend to go online, you are sure to come across many good web sites that can offer you good deals and give you your money's worth—with clear-cut terms and conditions and hassle-free service when you have to claim your insurance sometime. A bit of tact and good information about the insurance products always stands you in good stead.

One thing to be understood well here is that the cheapest car insurance is more often than not, not the best one. For all you know, they may contain hidden costs or otherwise hassles that you may have to face when you make your claims. Therefore clarity is imperative as to what areas and under what conditions your car insurance is applicable.

Online car insurance quotes also give you the ease of applying while sitting at home and faster application processing at that. Also, since the internet insurance market is relatively new, chances are that you might come across special discounts. Online market is also more flexible and you can strike up customised deals, if you informed enough.

New Car Insurance


If you have bought or are thinking of buying a brand new car and it is over £5,000 then you will have no choice but to take out what is called "fully comprehensive" car insurance for your new pride and joy. However the name can be a little bit misleading to the majority of people, while you would think fully comp means that you will be covered for all eventualities, this isn't so. Even by purchasing fully comprehensive insurance there will still be certain things that you won't be covered for.
The majority of fully comprehensive car insurance policies will cover you for repairs to your cars and any others involved should you have an accident, along with this it will cover you for everything that third party, fire and theft cover will.
Usually fully comprehensive will also cover you for any damage which is deemed as accidental, for instance if damage to the insured vehicle occurs through such as malicious damage and very often includes any damage to the cars windscreen.
New car insurance can be expensive but if you look around for your insurance then you can still make huge savings on your premiums. One of the best ways to make savings is by shopping online, shopping online allows you to get almost instant quotes and along with this you are also able to compare the quotes against other companies which means you get the best deal possible. Along with this if you have an excellent driving record and no claims bonus this can help to reduce your premiums by a large amount. Another great way to cut down on the premium you pay for your new car insurance is to offer to pay a large amount for the excess; this is the amount that you have to pay before the insurance will take over should you make a claim.
There are many other additions you can make to your new car insurance policy and depending on the value of your car you might choose to include one or more with your fully comprehensive cover. Legal expense cover could be included in the fully comp policy so it is worth checking, but this covers you for any legal expenses that could occur as the result of an accident.
You can also take out further cover for such eventualities as damage from storms, should anything fall onto your car and cause it damage or any such thing out of the ordinary. However, again always check the exclusions within the policy as not everything will be covered.