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FEXCO
Fexco is an Ireland-based financial services and financial technology company focusing on bureau de change and payment card services. Its head office is located in Killorglin, County Kerry. As of 2019, Fexco reports it has more than 2,500 staff and of these, 1,200 are based in Ireland, with other staff in 29 countries worldwide, including the UK, Spain, New Zealand, USA, Middle East and Asia. History Fexco was set up in 1981 by Brian McCarthy, originally to provide bureau de change services to the Irish market. McCarthy, now acting as Fexco chairman, is also chairman of the Irish Prisons Board. Former Tánaiste Dick Spring was appointed as an executive vice-chairman of Fexco in 2002. As of 2009, services offered by Fexco included prize bonds, dynamic currency conversion and related customer services. In 2010, Fexco acquired 75% of Goodbody Stockbrokers for a reported bargain price of €24 million with the management take the remaining 25% stake in the business. The Financial T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goodbody Stockbrokers
Goodbody Stockbrokers is Ireland's longest established stockbroking firm with roots dating back to 1877. As well as being one of the leading institutional brokers, it is one of the largest private client firms in Ireland. It is a member firm of the Irish Stock Exchange and a SETS participant of the London Stock Exchange. The company has offices in Dublin, London, Galway and Cork. It employs over 300 people and sold its 26.2 per cent of the Irish Stock Exchange in 2018. Ireland has two large (one of which is Goodbody) and half a dozen medium-sized brokerages. A 2013 report by the Central Bank of Ireland noted the likelihood and possible risks of future mergers among firms. Goodbody was formerly owned by Irish financial services firm Fexco, which held a 51% interest, and by members of Goodbody's management and staff, who owned the remaining 49%. In November 2019, the Bank of China reached an agreement with Goodbody to purchase all of its shares for €155 million. In March 2020, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dynamic Currency Conversion
Dynamic currency conversion (DCC) or cardholder preferred currency (CPC) is a process whereby the amount of a credit card transaction is converted at the point of sale, ATM or internet to the currency of the card's country of issue. DCC is generally provided by third party operators in association with the merchant, and not by a card issuer. Card issuers permit DCC operators to offer DCC in accordance with the card issuers’ processing rules.http://www.mastercard.com/elearning/dcc/docs/DCC%20Guide%2020.02.17%20EN.pdf However, using DCC, the customer is usually charged an amount in excess of the transaction amount converted at the normal exchange rate, though this may not be obviously disclosed to the customer at the time. The merchant, the merchant's bank or ATM operator usually impose a markup on the transaction, in addition to the exchange rate that would normally apply, sometimes by as much as 18%. Without DCC, the currency conversion would take place by the card issuer w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dick Spring
Dick Spring (born 29 August 1950) is an Irish businessman and former politician. He was a Labour Party Teachta Dála (TD) for the Kerry North from 1981 to 2002. He became leader of the Labour Party in 1982, and held this position until 1997. He served as Minister for the Environment (1982–83), Minister for Energy (1983–87) and Minister for Foreign Affairs (1993–Nov. 1994, Dec. 1994–97). He served as Tánaiste during those three governments. Prior to his political career Spring was a successful sportsman who played for the Ireland national rugby union team and the Kerry GAA football and hurling teams. Early life Spring was born in Tralee, County Kerry in 1950, the son of Dan and Anna Spring (née Laide). He was educated at Cistercian College in Roscrea, County Tipperary, and at Trinity College Dublin, and qualified as a barrister at King's Inns. He is a descendant of the Anglo-Irish Spring family that settled in County Kerry in the late 16th century. Sportin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Killorglin
Killorglin () is a town in County Kerry, Ireland. As of the 2016 CSO census, the town's population was 2,199. Killorglin is on the Ring of Kerry tourist route, and annual events include the August Puck Fair festival, which starts with the crowning and parading of a "king" wild goat. History Origins and development The earliest evidence of ancient settlement in the Killorglin area is the presence of prehistoric rock art. These rock carvings are part of a Late Neolithic/Early Bronze Age tradition stretching across Atlantic Europe and occur in concentrations around the Iveragh and Dingle peninsulas, with a cluster close to the nearby town of Glenbeigh. There are also a number of ringforts and early Christian ecclesiastical sites in the townlands of Dromavally and Castleconway. The ruins of Killorglin Castle, later known as Castle Conway, are located close to what is now the centre of the town. It was built in the early 13th century by Maurice FitzGerald, 2nd Lord of Offaly. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payment Card
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer and access automated teller machines (ATMs). Such cards are known by a variety of names including bank cards, ATM cards, client cards, key cards or cash cards. There are a number of types of payment cards, the most common being credit cards, debit cards, charge cards, and prepaid cards. Most commonly, a payment card is electronically linked to an account or accounts belonging to the cardholder. These accounts may be deposit accounts or loan or credit accounts, and the card is a means of authenticating the cardholder. However, stored-value cards store money on the card itself and are not necessarily linked to an account at a financial institution. It can also be a smart card that contains a unique card n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Companies
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and companies. The term is typically used for currency exchange companies that offer physical delivery rather than speculative trading. i.e. there is a physical delivery of currency to a bank account. Foreign exchange companies are normally distinct from money transfer companies or remittance companies and bureaux de change as they typically perform high-value transfers unlike their money transfer counterparts that focus on high-volume low-value transfers generally by economic migrants back to their home country or to provide cash for travelers. The transactions offered by foreign exchange companies are usually either spot transactions or forward transactions. Some foreign exchange companies, such as Moneycorp and Global Reach, offer foreign exchange options for business clients too. Given t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of The Republic Of Ireland
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of China
The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, replacing the Qing Dynasty's Ta-Ching Government Bank. It has been the second oldest bank in China still in existence after the Bank of Communications, founded in 1908. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China. After the People's Republic was established in 1949, it has become a national commercial and foreign exchange professional bank. Its original central bank designation was carried on by the newly formed People's Bank of China. As of 31 December 2019, it was the second-largest lender in China overall and ninth-largest bank in the world by market capitalizatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tánaiste
The Tánaiste ( , ) is the deputy head of the government of Ireland and thus holder of its second-most senior office. The Tánaiste is appointed by the President of Ireland on the advice of the Taoiseach. The current office holder is former Taoiseach Micheál Martin, TD, who was appointed on 17 December 2022. Under the Gaelic system of tanistry, the word (plural , , approximately ) had been used for the heir of the chief () or king (). The word was adopted in the 1937 Constitution of Ireland as the title for a member of the government nominated by the Taoiseach to act in their place as needed during periods of the Taoiseach's temporary absence. Tánaiste is the official title of the deputy head of government in both English and Irish, and is not used for other countries' deputy prime ministers, who are referred to in Irish by the generic term , , approximately . The longer Irish form, , is sometimes used in English instead of "the Tánaiste". Overview The office was created ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County Kerry
County Kerry ( gle, Contae Chiarraí) is a county in Ireland. It is located in the South-West Region and forms part of the province of Munster. It is named after the Ciarraige who lived in part of the present county. The population of the county was 155,258 at the 2022 census, A popular tourist destination, Kerry's geography is defined by the MacGillycuddy's Reeks mountains, the Dingle, Iveragh and Beara peninsulas, and the Blasket and Skellig islands. It is bordered by County Limerick to the north-east and Cork County to the south and south-east. Geography and subdivisions Kerry is the fifth-largest of Ireland's 32 traditional counties by area and the 16th-largest by population. It is the second-largest of Munster's six counties by area, and the fourth-largest by population. Uniquely, it is bordered by only two other counties: County Limerick to the east and County Cork to the south-east. The county town is Tralee although the Catholic diocesan seat is Killarney, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau De Change
A bureau de change (plural bureaux de change, both ) (British English) or currency exchange (American English) is a business where people can exchange one currency for another. Nomenclature Although originally French, the term "bureau de change" is widely used throughout Europe and French-speaking Canada, where it is common to find a sign saying "exchange" or "change". Since the adoption of the euro, many exchange offices have started incorporating its logotype prominently on their signage. In the United States and English-speaking Canada the business is described as "currency exchange" and sometimes "money exchange", sometimes with various additions such as "foreign", "desk", "office", "counter", "service", etc.; for example, "foreign currency exchange office". Location A bureau de change is often located at a bank, at a travel agent, airport, main railway station or large stores—namely, anywhere there is likely to be a market for people needing to convert currency. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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