The Inland Revenue is to equip its Salford head office with a call centre that will handle large volumes of tax enquiries. Racal Telecom is to supply the managed voice service which automatically routes calls to the correct attendant according to...
NTL is to file for Chapter 11 after reaching an agreement with its bondholders to convert its $10.6bn debt into equity. As a result, the company will receive up to $500m in new financing from its bondholders during the restructuring, but all bank...
NTL's decision to cut its debt mountain by promising lenders equity has led shareholders to believe that fellow cable company Telewest will do the same. As a result of a decision reached earlier this week NTL is to file for Chapter 11 and $10.6bn...
The operator, which put itself up for sale recently, has to decide whether to accept an offer from an equity consortium or go ahead with a debt-for-equity swap with bondholders, according to a report in the Financial Times.
There has been a fall in demand for equity-based instruments and a rise in demand for debt and commodity services, placing huge demands for flexibility on the technology departments which support the revenue generating capabilities and capacity.
There is no more waiting in telephone queues, immediate access to one's portfolio is given and trades can be executed at the click of a button. But the bottom line is that both involve higher risk than direct equity trading due to the investors...