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Helix Announces $ 80 Million Asset Credi...

HOUSTON – (COMMERCIAL THREAD) – Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) today announced that it has entered into a new $ 80 million revolving asset-based credit facility (the “ABL Facility”) with a syndicated banking group. The ABL facility replaces Helix’s existing credit facility and term loan, which were simultaneously repaid in full. The […]

Leading Funds Lawyer Joins Shoosmiths

Leading UK law firm Shoosmiths has recruited Barry Stimpson, an investment fund lawyer, to its corporate team. Barry’s experience as a fund specialist with city and international law firms spans over 30 years advising clients on the creation of real estate, venture capital and private equity funds. investment and other investment structures, as well as […]

Western Union partners with major financ...

NAIROBI – (COMMERCIAL THREAD) –Western Union, a global leader in cross-border and inter-currency money movement and payments, works with major financial institutions in Africa to enable millions of consumers to send and receive cross-border payments, quickly and reliably, 24/7. Customers of KCB Bank Kenya, the Diamond Trust Bank (DTB) and the Postal Savings Bank of […]

Baku and Prague must step up mutual trad...

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 30 By Sadraddin Aghjayev – Trend: Azerbaijan and the Czech Republic must step up their trade and mutual investment, said Czech Foreign Minister Jakub Kulhanek, visiting Azerbaijan, at the joint press conference with Azerbaijani Foreign Minister Jeyhun Bayramov, Trend reports on September 30. “We greatly appreciate our strategic […]

First Business Services (FBIZ) gains 0.5...

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange FBIZ – Market data and news To exchange First Business Financial Services Inc (NASDAQ: FBIZ), a Madison, Wisconsin […]

Are blue-chip ASX stocks good investment...

Are blue-chip ASX stocks good investment choices on ASX? Well, I think it depends on what “blue chips” means and what an investor is hoping for. And what does an investor think about. What is an ASX blue chip share? Blue chips aren’t fun colorful fries. They are generally reliable companies that can be counted […]

Swiss regulator approves first crypto in...

Safe and sound money © 2014 Bloomberg Finance LP The Swiss financial regulator has issued two approvals for a national cryptocurrency investment fund and a national digital asset custody service, just days after the Chinese central bank claimed that bitcoin and other financial blockchains posed a threat to economic stability. The Federal Financial Market Supervisory […]

No funds in suspicious transactions were...

No funds from suspicious transactions were found in the accounts of a former Money Laundering Reporting Officer (MLRO) at Pilatus Bank, personally charged with suspected money laundering, court said . The information appeared in court on Wednesday when criminal proceedings resumed against Pilatus Bank and the former senior official Claude-Ann Sant Fournier, whose lawyers dispute […]

H2O clients seek forensic expert to inve...

H2O Asset Management is facing legal action from investors over its support for the business empire of German financier Lars Windhorst, which plunged the once high-profile fund manager into crisis two years ago. Collectif Porteurs H2O, an investor group that includes insurance companies and high net worth individuals, has said it will ask a French […]

From retirement, mutual funds to investi...

Several major changes in banking and other sectors that will take effect from next month are likely to greatly affect people’s daily lives. Reports suggest that changes will be implemented in retirement rule, bank check books, investment rules and more. From October 1, retirees aged 80 and over will have the opportunity to submit their […]

Alpha FX unveils banking platform for al...

Alpha FX Group plc (AIM: AFX), a provider of currency risk management and alternative banking solutions to businesses and institutions globally, today announces the launch of its alternative banking platform for the alternative investment sector. As part of this launch, the Group intends to open an office in Luxembourg to show its commitment to the […]

Support for small businesses offered by ...

Anna Bligh, Managing Director of the Australian Banking Association. Source: AAP Image / Mick Tsikas. More and more small businesses are receiving financial assistance from their banks amid ongoing lockdowns in the country’s two most populous states. New statistics released by the Australian Banking Association show that hardship aid, including postponing credit card payments and […]

Abrdn’s total return bond team withdraws

Vice President and Senior Portfolio Manager Lynn Chen, Senior Portfolio Manager and Sovereign Analyst Rajat Ahuja, Senior Portfolio Manager and Corporate Analyst Svetlin Krastev and Senior Portfolio Manager and Securitized Analyst Michael Waggaman have all joined American Century in September. Nomura AM and American Century Investments launch the Advanced Medical Impact fund The strategy uses […]

NCUA plan would exempt public funds from...

Billions of funds earmarked for credit unions under the Treasury’s emergency capital investment program could be exempt from the National Credit Union Administration’s pending subordinated debt rule. Credit unions would prefer the option of using the ECIP money to meet their risk-based capital requirements, but this would not be possible under the current rule, which […]

New hire announcement – Senior Managing

NEW YORK, September 23, 2021 / PRNewswire / – Revere Securities is pleased to announce that Dr. Dajiang Guo will join the company as Senior Managing Director of Investment Banking. Most recently, Dr Guo was a partner at Tiger Securities, a publicly traded Fintech brokerage firm. Dr Guo has over 20 years of experience as […]

CleanSpark announces $ 145 million in ca...

The bitcoin miner is working with public-private initiatives to create jobs and benefit community members in Gwinnett County, Georgia. Software and service company recently became a bitcoin miner CleanSpark announcement on September 16, a series of investments in Norcross, Ga., home of its new 87,000-foot data center, totaling $ 145 million. Over the next five […]

Main IPOs bought by mutual funds in Augu...

So far this year, 37 IPOs have been successfully listed on the stock exchange. (Photo: REUTERS) Fund managers continued to invest heavily in IPOs during August, according to data collected by Edelweiss. Chemplast Sanmar, Nuvoco Vistas, Devyani International, Car Trade Tech, and Krsnaa Diagnostics were among the top picks for mutual fund companies in the […]

Insiders sold £ 1.3million of Lloyds Ban

Despite a 3.8% gain in Lloyds Banking Group plc (LON: LLOY) share price this week, shareholders should not give up. Despite the relatively low prices, insiders have made the decision to sell £ 1.3million of shares in the past 12 months. This could be a warning indicator of vulnerabilities in the future. While we never […]

PGIM Investments is recruiting a trio of...

Lendormy joined Robeco where he served as Executive Director of the Wholesale Distribution Division and Global Financial Institutions, leading the coordination of GFI. During his 13-year tenure, Lendormy held a number of positions, including EMEA Key Account Manager for GFI, UK Wholesale Distribution Manager and Fixed Income Portfolio Manager. Prior to joining Robeco, Lendormy held […]

Top Truist Leader King Retires As Gratef...

“He championed the Lighthouse project to demonstrate the importance of supporting the sites where Truist operates.” Lighthouse project In the fall of 2009, sweat fairness took on new meaning for at least two-thirds of BB&T’s 30,000 employees at the time, with Winston-Salem being somewhat of a guinea pig for the project initiative. Lighthouse. BB&T allocated […]

The QSE index wins on the purchase suppo...

The Qatar Stock Exchange gained more than 13 points on Wednesday, mainly thanks to the increase in purchase interest from foreign funds.Widespread buying, especially in industrials, telecommunications and insurance sectors, pushed the 20-stock Qatar index up 0.12% to 11,076.22 points, recovering from an intraday low of 11,040 points.More than 51% of constituents traded extended gains […]

Top 5 Benefits of AI in Banking & Financ

Artificial intelligence (AI) has come a long way since 2016, when AlphaGO, a computer program, first beat an 18-time world champion at the game of GO. Artificial intelligence dramatically increases value across a wide range of industries. The banking and financial sector is no exception. The full adoption of AI in banking and finance is […]

CABS is committed to supporting private ...

OLD Mutual Zimbabwe’s banking subsidiary, the Central Africa Building Society (CABS), says it is committed to supporting private sector investments that can contribute to economic growth. The country’s economy is set to grow 7.8% this year, largely supported by the agriculture and mining sectors. Mr. Mehluli Mpofu, managing director of the bank, said CABS will […]

Get rich slowly. Invest in 5 funds to a...

Many people leave it too late to build up retirement wealth, only to regret it later. The following five investment funds could help you build a nest egg, to avoid gambling your future on the state pension and triple foreclosure. The sooner you start investing for your future, the better, said Darius McDermott, managing director […]

Businesses: A Commitment to Financial Li...

Thursday, September 2, 2021 From understanding your credit rating to the difference between good and bad debt, financial literacy is the foundation for a strong financial future. But where do you go to get this information? Quick online searches can be unreliable and it is not always possible to sit down with a financial professional. […]