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updated Sun. January 13, 2019

Three years after its creation by former GE Capital financiers, Great Rock Capital reported $200 million in fresh equity financing, with the Westport firm lending funds to other companies in amounts ranging from $10 million to $100 million. Great Rock was created in 2015 by CEO Stuart Armstrong with ...
Police have arrested two women and a man for murdering a 67-year-old financier for gain on April 2. Sanjay Satish, from Mathura, Uttar Pradesh, was tied up and strangled in his rented flat in Bethel Nagar, KR Puram, East Bengaluru. His decomposed body was found three days later. Police have arrested ...

Now banks are in the forefront of the issue, as gun control advocates are pressuring companies of all kinds to re-evaluate their relationships with gun manufacturers and the National Rifle Association. Some have responded with new policies, but Wells Fargo – the reported top financier for the gun industry ...
Russian president Vladimir Putin will continue to have people killed “as he wills” until he is faced with devastating personal consequences, according to the UK-based financier Bill Browder. He said he had no doubt but that Mr Putin had approved the attack in London on former Russian spy Sergei Skripal and his daughter ...
With competition among aircraft lessors remaining fierce, airlines are taking an increasing proportion of aircraft on operating leases. The 'wholesaling' of debt financing – where the primary recourse entity on financings is the lessor rather than the airline – is an important recent trend in the aircraft financing ...
Malaysian financier Low Taek Jho, accused of links to a plot to siphon billions of dollars from a Malaysian state fund, is trying to stop the United States government from seizing a US$250 million yacht in Indonesia, court filings showed. The Cayman Islands-flagged Equanimity, a 92-metre superyacht ...

The firm has previously invested in U.S. outfits including Hyde Park and and Walter Parkes and Laurie MacDonald's Parkes/MacDonald shingles and more recently Stuart Ford's fledgling AGC Studios. In 2016 the financier announced a $300m content fund with China. The financier recently debuted local ...
India is considering a proposal for a joint venture between the nation's biggest electricity producer and two state-run power financiers to bid for stressed power assets, one of the largest contributors to the nation's bad loans. The Power Ministry is looking at the proposal by the state-run National Thermal ...
The City watchdog has shone a light on sexism in the top ranks of the banking industry after accusing a financier at one of the country's largest lenders of calling a female regulator “little lady”. Megan Butler, head of supervision at the Financial Conduct Authority (FCA), said yesterday that a “senior leader ...
RattanIndia Finance has picked up 10.08 crore shares (11.57 per cent stake) by invoking the pledged shares. According to data with the stock exchanges, 72.76 per cent stake or 46.60 crore shares of the company held by its promoters (as of December 2017) have been pledged with financiers. Promoters ...
Seven years ago, when the skeleton of the building that was to be the Trump Ocean Club had risen only 62 of its planned 70 stories, one of the developers gestured to it grandly and boasted to a reporter from Time magazine: “When you think of Paris you think of the Eiffel Tower, and when you think of ...
(Bloomberg) -- Irish Central Bank Deputy Governor Ed Sibley warned that many financial firms remain unprepared for Britain's exit from the European Union as the two sides remain at odds on their future relationship. Officials in Brussels say Prime Minister Theresa May is trying to cherry pick the best bits of ...
WILMINGTON, Del./NEW YORK (Reuters) - Colorful New York financier Lynn Tilton has put her Zohar investment funds, a key element of her distressed-debt empire and the subject of several legal battles, into Chapter 11 bankruptcy, with a goal of selling assets or refinancing debt. Tilton said in papers filed ...
Johannesburg - Two multinational financiers turned down the controversial Gupta family when it wanted to buy an aircraft, the South Gauteng High Court heard on Friday. The Guptas eventually leased the plane from British company Stoneriver in 2015 for £41-million (about R490-million). Owen Cook SC ...
Dallas financier Bobby Haas has a leather jacket that features a snarling wild animal with the words “Lone Wolf” written above it — biker lingo for a rider who isn't affiliated with a gang or club. To Haas, the image fits his persona. “I've been a lone wolf my entire life,” he says. Haas was the stealth partner of ...
Mathes, who works as the cultural services program director for Modesto, says the city was supposed to be named after a powerful financier who started the Bank of California. "He declined to have the town named after himself," Mathes says. A person involved in the layout of the town said the financier was ...
JAKARTA, NNC - Criminal Investigation Agency (Bareskrim) of National Police (Polri) dismantles the network of hate speech spreader, the Muslim Cyber Army (MCA) group. Currently, the Cyber Crime Team of Police Bareskrim is hunting for financiers and customers of hoax services by MCA. The Director ...

Indonesia on Wednesday seized a luxury yacht on the island of Bali sought by the US as part of a multibillion-dollar corruption investigation linked to Malaysian state fund 1Malaysia Development Berhad (1MDB) and wanted businessman Jho Low. “We have been inspecting the crew since yesterday and ...
A consortium of local and international banks today signed a R20 billion ($1.7 billion) short-term credit facility with South Africa's power utility, Eskom. The government-guaranteed facility will form part of the financing of Eskom's current capital expenditure programme. The terms of the facility are comparable ...
A statue of Jose Marti, considered the George Washington of Cuba, adorns the entrance to the historic Cuban Club, 2010 14th Ave in Ybor City. The club's $190,000 loan for renovation work was frozen by financial institutions seeking assurances it isn't doing business with Cuba. [SKIP O'ROURKE | Times].
The majority of trade financiers from across the globe see US protectionism as the biggest threat to global trade, but experts warn that there are other challenges of far greater concern. This was revealed at last week's ICC Banking Commission annual meeting, during which 71% of members of the audience ...
The Wall Street Journal reported on Friday that Michael Cohen, President Trump's personal lawyer and “fixer” whose home and office were raided by law enforcement this week, facilitated a $1.6 million payment to a former Playboy model who said she was impregnated by venture capitalist and Republican ...
Participants across the equipment sector have expressed mixed views over the two funding options, depending on the asset being securitized. Aviation financiers have said that execution in the bank market is easier for aircraft assets, given that aircraft ABS deal structures still lack standardisation.
D.C. Council member Trayon White made anti-Semitic remarks in a Facebook video. He later deleted the video and apologized. News4's Derrick Ward reports. (Published Monday, March 19, 2018). A member of the D.C. Council has apologized after he promoted a conspiracy theory that accuses a prominent Jewish family ...
As SA's democracy approaches a quarter century, the country has made substantial development progress. Significant improvements of infrastructure — both physical and financial — have supported economic stability. The expanded provision of essential services has helped reduce access gaps in ...
A group of finance executives and economists has teamed up to create a cryptocurrency that aims to tackle the main criticisms of virtual money — namely, its anonymity, lack of underlying value and high volatility. The Saga Foundation, a Swiss non-profit organisation, plans to create Saga, which it said will ...
Things have been busy recently for Anthony Scaramucci. Prior to serving as President Trump's White House Communications Director for just 11 days, “The Mooch” founded hedge-fund investing firm SkyBridge Capital and a hedge-fund conference known as SALT. So, he's only now gotten around to ...
Given the scale of funding needed, the consequences for the agricultural sector of its financiers (or even some of them) withdrawing would be dire and entirely predictable. Government would not be able to make up the shortfall, and with government policy ramping up the risk, appeals to financial institutions ...
pakistan A Pakistani flag flies on a mast as paramilitary Frontier Corps soldiers talk while guarding at Karachi's District Malir prison, August 23, 2013. REUTERS/Akhtar Soomro. A global money-laundering watchdog has decided to place Pakistan back on its terrorist financing watchlist. The move is part of a ...
The firm, which serves as a critical provider to the footwear industry, recently said it donated over $286.5 million to more than 14,500 nonprofits in 2017. Related · Wells Fargo Launches Real Estate Investment Initiative in Southwest U.S.. And it doesn't stop at corporate donations. According to a ...
A Pakistani flag flies on a mast as paramilitary Frontier Corps soldiers talk while guarding at Karachi's District Malir prison, August 23, 2013. REUTERS/Akhtar Soomro. A global money-laundering watchdog has decided to place Pakistan back on its terrorist financing watchlist. The move is part of a broader ...
The Kremlin ally indicted last week as a key figure in Russia's online election influence operation is also tied to a shadowy military contractor whose Russian mercenaries recently launched an attack on American forces in Syria, U.S. officials tell ABC News. Yevgeny Prigozhin — a Russian businessman ...
The growing political crisis in the Maldives has raised alarm bells across India with opinion makers pointing that the Maldives knowingly ignored India and chose to cuddle with Pakistan and China, as President Abdulla Yameen announced a 15-day emergency in the country –and that it is yet another proof ...
Spend an hour any evening watching local television and you'll soon learn that there is no shortage of money lenders in Hong Kong. From giant cats to tumbling skyscrapers, the commercials are slick and surreal, but the gloss masks the fact that the offerings are closer to payday loans than structured ...
Partners in a now-closed Greenwich private-equity firm have been exonerated of charges that they committed federal securities fraud. The case was brought by members of the Milstein family, which founded Burlington, a retailer formerly known as Burlington Coat Factory that has southwestern Connecticut ...
Traditional small-business lending has relied heavily on outdated underwriting models, such as collateral-based models, that too-often exclude diverse business owners and communities. CIM provides working capital to innovative financiers like StreetShares, which connects military veteran investors to ...
(Tribune staff photo) Ian Cumming, who made millions leading Leucadia National Corp. and was an influential figure in Utah's ski industry as a board member of Park City-based Powdr and, more recently, owner of Snowbird Ski & Summer Resort, died Friday at his home in Jackson Hole, Wyo. he is seen ...
Among financiers, however, they represent opportunity. In 2013, the Financial Times reported that private-equity barons were sniffing around this “growth market”. Analysts called fostering “a classic private equity play”. Sure enough, the barons have upended the industry. Once there were hundreds of ...
According to the family members of Pothamsetti Venkateswerlu, who hailed from Gudivada village in Peddapuram mandal, the financier had spoken to his family members over phone from Gokavaram, informing them that he was there in connection with the collection of money, financed by him to Shaik Vali ...
'My attention has been drawn to a tweet in which I was mentioned as the major financier to a political movement or organization, presumably not even in existence, called the “Third Force”. While I have received calls and messages advising me to ignore the tweet and regard its publication as the handiwork ...
WASHINGTON: The US urged Pakistan Thursday to do more to crack down on the Taliban and Haqqani groups, as it added six officials from the groups to its sanctions blacklist. The Treasury said five of the six were in charge of raising and transferring funds as well as equipment and materials to support ...
Leading the charge on the bullish sentiment is the United States, with President Donald Trump boasting regularly about near-daily highs on Wall Street. US Treasury Secretary Steven Mnuchin walks through the snow during the annual meeting of the World Economic Forum in Davos, Switzerland.
The Nigerian National Petroleum Corporation is inching closer to choosing financiers for the Port Harcourt Refining Company Limited, Warri Refining and Petrochemical Company Limited and Kaduna Refining and Petrochemical Company Limited. The corporation's Group Managing Director, Maikanti Baru ...
INDIANAPOLIS -- Financier and philanthropist David M. Rubenstein will speak in downtown Indianapolis at the Leadership Engagement and Discovery Conference, hosted Feb. 8-9 by the Randall L. Tobias Center for Leadership Excellence. The 2018 LEAD Conference, titled "Investing to Change the ...
Michelle Williams is engaged to “New York financier Andrew Youmans,” according to a new report from Us Weekly. Who is New York financier Andrew Youmans? People has a detailed rundown: He is a “high-profile consultant” with degrees from Dartmouth and Harvard who previously did a lot of work for ...
A local commercial bank was quick to scoop the cream among the most-recent students who graduated from Namibian universities, or who returned after completing their studies abroad. Earlier this month Standard Bank announced it has headhunted six new graduates with a view to put them through a two ...
According to him, it is evident that the persons arrested at illegal mining sites are not the financiers of the scourge; hence, their arrest does little to ... in an interview with Class News, appealed to the security agencies and journalists to expose the galamsey financiers as a way of rooting out the canker.
GENEVA, Jan. 8 (Xinhua) -- The trial of 13 financiers accused of funneling more than 15 million Swiss francs (15.3 million U.S. dollars) to the Sri Lankan rebel group Liberation Tigers of Tamil Eelam (LTTE) started at the Swiss Federal Criminal Court on Monday. The accused are from Switzerland, Germany ...
Former Vice President Atiku Abubarkar has debunked claims by Chief Paul Unongo that he is the financier of Miyetti Allah Cattle Breeders Association of Nigeria. A statement, yesterday, by Media Adviser to Atiku Abubakar, Mazi Paul Ibe dissociates the former VP from the association, saying “Let it be ...
The trial of 13 financiers accused of funnelling more than CH15 million ($15.3 million) to the Sri Lankan Tamil separatist group Liberation Tigers of Tamil Elam (LTTE) has started at the Swiss Federal Criminal Court. The accused are from Switzerland, Germany and Sri Lanka. Some are former members of ...


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