April, 2010

Post Archives

The British American Business Council Announces New Executive Director

Friday, April 30th, 2010

Philadelphia – April 29, 2010 – The British American Business Council (BABC) of Greater Philadelphia, an affiliate of the Greater Philadelphia Chamber of Commerce, has announced the recent appointment of its new Executive Director, Jane Hirschhorn Rosenberg.

Ms. Rosenberg, 35, brings more than 14 years of marketing and international business experience to the BABC. A graduate of the University of Pennsylvania, she previously served as Assistant Director of the BABC from 1996 to 1999. After receiving a Fulbright Scholarship, she studied post-NAFTA Mexico and pursued her MBA from the Instituto Tecnologico Autonomo de Mexico (ITAM). Most recently, she was a Manager for Deloitte & Touche’s National Consumer Business Industry Marketing Group.

“The BABC is an invaluable resource to companies doing business overseas, and I am thrilled to be a part of the organization again,” said Ms. Rosenberg.

“We are fortunate to welcome Jane back to the BABC after her professional growth with Deloitte and her Fulbright,” said Neil Boyden Tanner, President of Tanner and of BABC of Greater Philadelphia, and Deputy Chief Counsel of CIGNA International. “Jane brings a wealth of knowledge, cross-cultural communication and marketing experience. Her enthusiasm and first hand understanding of international business will greatly benefit the BABC in continuing its role as the leading transatlantic business network.”

Ms. Rosenberg’s appointment follows the retirement of Sheryl Rothberg, who served the BABC since 1993.

Meet the CEO: Brendan McDonagh, HSBC Bank NA

Thursday, April 22nd, 2010

The British American Business Council along with other participating international organizations welcomed the CEO of HSBC North America Holdings, Brendan McDonagh for a program on Wednesday, April 21, 2010 at The Union League of Philadelphia.

At the reception, Mr. McDonagh greeted guests and shared his insight on how the region will be influenced by the forces affecting the global economy. His presentation was a dynamic dialogue with the attendees, who posed important questions regaring specific industry issues. Mr. McDonagh candidly responded to all questions.

In his role at HSBC, Mr. McDonagh is responsible for the Group’s banking and consumer finance operations in the United States and Canada. He is also a Group Managing Director for HSBC Holdings plc, appointed to this role in 2008, and is a member of the HSBC Group Management Board.

Joining the Club? The UK as a Holding Company Location following International Tax Reform

Tuesday, April 13th, 2010

By Alan J. Turner, Head of UK Center of Excellence, KPMG LLP – New York

With recent and proposed changes to the UK’s taxation of foreign profits, the UK is increasingly being considered as a location in which to establish a holding company. The following article discusses the key reasons behind the UK joining the ranks of traditional holding-company jurisdictions, such as Ireland, Switzerland and the Benelux nations. However, consideration is also given to less competitive areas of UK tax law which could detract companies. Read the rest of this entry