Resolution replaces Citigroup as corporate broker

first_img Resolution replaces Citigroup as corporate broker Show Comments ▼ whatsapp RESOLUTION, the life funds group run by Clive Cowdery, ended its broking relationship with Citigroup today following the summer departure of Andrew Thompson, one of the bank’s most senior corporate brokers.Sources said that Resolution was “very much a relationship driven company” and that Thompson’s departure to Deutsche Bank was bound to make a major difference to the bank’s relationship with Citigroup.Resolution said its new financial advisers would be RBC and Barclays Capital, two institutions that were extremely supportive of a recent fund-raising.Thompson looked after Citigroup’s relationships with a number of large UK financial institutions. The bank’s FTSE 100 financial services clients include Lloyds Banking Group, Icap, Resolution and F&C Asset Management.He was one of five managing directors lured out of Hoare Govett – then owned by ABN Amro – by Citigroup in 2005 with two-year guaranteed bonuses. Citigroup said that the bank had won mandates recently, including Punch Taverns and Deutsche Telekom, but that client losses were also inevitable from time to time.Resolution’s choice of RBC as a joint adviser was no doubt assisted by the presence of Josh Critchley who had been the company’s broker while at his previous employer Goldman Sachs.Resolution is the first FTSE 100 client to be won by RBC’s rapidly expanding European capital markets team which has gone from 10 to 22 clients over the past year. “This demonstrates our ability to advise companies up and down the size scale,” says Critchley. Wednesday 24 November 2010 1:08 pm Share whatsapp More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org John Dunne Tags: NULLlast_img read more

ComeOn to withdraw from UK market

first_img Tags: Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 2nd September 2019 | By contenteditor Cherry-owned igaming operator ComeOn is to shut down operations in the UK in order to focus on what it described as “favourable markets”.ComeOn has been operating in the UK since 2014, using its Gambling Commission licence to offer brands such as ComeOn.com, MobileBet.com and GetLucky.com.However, all of these brands are to be shut down as the operator switches its attention to other markets, including Sweden, Denmark, Malta, Poland and Schleswig-Holstein in Germany, where it holds licences.“UK is a very mature and highly competitive market and the financial risks are big,” ComeOn’s chief executive Lahcene Merzoug explained. “We have never had a non-compliance breach, but we’ve seen competitors being fined big numbers and that creates uncertainty.“At the same time the UK licence has lost it’s symbolic value. Before you almost had to have one to be looked upon as a credible company. Today we hold licences in many European countries and given that the UK has never been a big market for us, it’s a wise move to put our focus elsewhere.”The announcement comes after online bingo and casino operator JPJ Group last month also confirmed that it is to withdraw both its Vera&John and InterCasino brands from the UK market.The UK-facing websites for Vera&John and InterCasino will cease operations tomorrow (September 3), but both of brands stopped accepting new customers from August 5. Email Address Regions: UK & Ireland Cherry-owned igaming operator ComeOn is to shut down operations in the UK in order to focus on what it described as “favourable markets”. ComeOn to withdraw from UK market Strategy Topics: Strategy Tech & innovationlast_img read more

Beating Bowel Cancer television advertisment

first_imgBeating Bowel Cancer television advertisment Howard Lake | 27 February 2012 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  82 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  81 total views,  1 views today Beating Bowel Cancer’s first TV advert aims to attract 1,000 new regular donors giving at least £2 per month. It is being aired over a month on the ‘Yesterday’ TV channel. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement Tagged with: Individual givinglast_img read more

Fascinating online insight into city’s records

first_imgNewsLocal NewsFascinating online insight into city’s recordsBy admin – July 11, 2011 518 Linkedin Advertisement Email INVALUABLE information for local historians, researchers and the men and woman interested in researching aspects of Limerick city’s past, is available from the Limerick Archives Department, which has responsibility for the records of the city council.Sign up for the weekly Limerick Post newsletter Sign Up The City Archives, which also collect donations of material relating to the city, its people and organisations, including Limerick Chamber, Limerick Harbour Commissioners and Limerick Union Board of Guardians, has now made these collections freely available on www.limerickcity.ie“Each year new collections are added to the website – for instance in 2010 the council’s Health and Welfare records, dispensary records, allotments and turf production records were added, as were a selection of collections from Limerick’s Christian Brothers School and other bodies,” says a spokesperson for City Hall.A fascinating insight into the Quaker community in Limerick was recently made available through the donation of a microfilm copy of the Quaker Papers at a launch in the Quaker Meeting House.The papers contain records of meetings, records of births and marriages and of grievances when their goods were seized in lieu of tithes due to the Established Church.A fascinating series of diaries, documents and photographs of the Limerick man, DCC Mercier, who worked as a mill manager in Ranks Flour Mills from 1922 to 1961, was donated to the archives in October 2010.The papers document Mr Mercier’s working life in one of Limerick’s key industries.A reception to mark the donation was held in City Hall and former Ranks’ workers and their families were invited to attend. Printcenter_img Twitter WhatsApp Facebook Previous articleIrish pot of comedy goldNext articleTina’s fundraising heads to €1m mark adminlast_img read more

Freddie Mac Obtains $132 Million Insurance Policy to Reduce Credit Risk

first_img  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Credit Risk Transfer Freddie Mac Insurance Policies Previous: MERS Wins Federal Court Battles Over Deed of Trust in Georgia, New York, and Texas Next: DS News Webcast: Tuesday 9/29/2015 September 28, 2015 1,143 Views Freddie Mac has obtained another actual loss insurance policy under its Agency Credit Insurance Structure (ACIS) program, which is tied to an actual loss deal that is part of the Structured Agency Credit Risk (STACR) program, according to an announcement from Freddie Mac on Monday.The latest ACIS transaction transfers much of the remaining credit risk associated with the first actual loss STACR offering from April 2015 (STACR Series 2015 DNA1), and it transfers combined maximum limit of up to about $132.5 million in losses on single-family mortgage loans acquired by Freddie Mac in Q4 2012.Freddie Mac obtains insurance policies through ACIS that transfer to insurance and reinsurance companies worldwide.”We continue to expand the panel of participating reinsurers as the ACIS program matures,” said Kevin Palmer, VP of Freddie Mac’s Single-Family strategic credit costing and structuring. “We have now acquired more than $1 billion in additional insurance coverage this year with six ACIS transactions, and almost $2 billion since the program’s inception in 2013. This transaction includes new and past participants as we strive for consistency in how and where we transfer credit risk.”The first two ACIS transactions were completed by Freddie Mac in July, providing coverage based on both first loss and actual losses realized on a pool of residential mortgages, according to Freddie Mac.”This transaction includes new and past participants as we strive for consistency in how and where we transfer credit risk.”Freddie Mac has laid off a substantial portion of credit risk on more than $333 billion in unpaid balance in single-family mortgages through 15 STACR offerings (including first loss and actual loss risk transactions) and 10 ACIS transactions since the middle of 2013. Freddie Mac’s investor base has grown to include more than 160 unique investors since the Enterprise began marketing credit risk transactions with STACR and ACIS.Last week, Freddie Mac priced its first STACR transaction selling its first actual loss offering of loans with LTV ratios ranging from 80 to 95 percent. The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily center_img Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Freddie Mac Obtains $132 Million Insurance Policy to Reduce Credit Risk Share Save Demand Propels Home Prices Upward 2 days ago Related Articles Subscribe Credit Risk Transfer Freddie Mac Insurance Policies 2015-09-28 Brian Honea About Author: Brian Honea Freddie Mac Obtains $132 Million Insurance Policy to Reduce Credit Risk Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

1 dead, 1 missing in Virginia helicopter crash

first_imgScott Gorslene(WILLIAMSBURG, Va.) — One person is dead and the pilot of a helicopter is missing after a helicopter crashed into a condo complex in the popular destination town of Williamsburg, Virginia, on Sunday.Virginia State Police said they responded to the crash in the Bristol Commons condominium complex just before 5 p.m. The crash caused the condo building to catch on fire, authorities said. Eyewitness video showed flames and thick smoke engulfing the entire two-story building.State police confirmed one person in the condo building was killed in the accident.The Federal Aviation Administration said on Twitter late Sunday that the accident involved an R44 helicopter and only the pilot was on board. State police had said earlier in the evening they were still searching for the pilot. However, the FAA later said there were multiple victims.R44 models are common, four-seat helicopters produced by the Robinson Helicopter Company.The FAA and National Transportation Safety Board (NTSB) are still investigating the cause of the accident.Cmdr. Dave Hecht, spokesperson for Norfolk Naval Air Force Atlantic, told Hampton, Virginia, ABC affiliate WVEC that all of its helicopters were accounted for, but couldn’t say whether the helicopter may have belonged to another branch of the military.The accident took place in a residential area near the campus of William and Mary, which warned people to stay away from the area.Williamsburg is a popular tourist location with Colonial Williamsburg, an historical recreation of the 18th century town, and the amusement park Busch Gardens. The city includes many condominium timeshares.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Lomond Capital acquires agency

first_imgLomond Capital has continued to expand with the acquisition of John Shepherd estate agents in Birmingham taking its portfolio in the city to in excess of £250 million.The Edinburgh-based firm will now merge John Shepherd estate agency with Birmingham-based Marwood Homes and John Shepherd Lettings, which are also owned by Lomond Capital.The company forecast that the enlarged business will now manage more than £250 million worth of properties for private landlords and sell in excess of £200 million worth of property annually.Stuart Pender (left), Chief Executive of Lomond Capital, said, “The merger of John Shepherd Estate Agents with our existing businesses allows us to create a full service proposition for our clients under the leading estate agents brand in the region.”Lomond Capital, which currently has businesses in Aberdeen, Birmingham, Edinburgh and Manchester, is now seeking to make further acquisitions across both lettings and estate agents in Birmingham as well as part parts of the UK. The company is currently in negotiations with estate agents and lettings businesses in Bristol, Brighton, Reading, Oxford and Cardiff.“This is the first in a number of larger acquisitions planned in the south of England,” Pender added. “Our aim is to build a full service of property management businesses in key UK markets that offer private and institutional investors a scale model with a range of offerings from lettings to maintenance, financial products and investment and block management.”The announcement of the John Shepherd acquisition coincides with the appointment of a new Chief Financial Officer and Partner. Hazel McIntyre (right) joins the Lomond group at the start of April having spent periods of her career with RBS, Green Highland Renewables and Giles Insurance.Pender added, “Hazel has significant experience in both seeing through acquisitions and managing growth in  a rapidly expanding group, with profit increasing in Giles Insurance from £8 million to £24 million during her five-year period as Mergers and Acquisitions Director.”merger Lomond Capital acquires John Sheperd Lomond Capital John Shepherd acquisition February 4, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 Home » News » Agencies & People » Lomond Capital acquires agency previous nextAgencies & PeopleLomond Capital acquires agencyThe Edinburgh-based group has snapped up John Shepherd Estate Agents in Birmingham.The Negotiator4th February 20160818 Viewslast_img read more

IS IT TRUE July 5, 2017

first_imgFacebookTwitterCopy LinkEmailShare IS IT TRUE that Channel 44 News recently reported that two Tri-State hospitals have agreed to talk about how they can work together?  …they reported that Methodist Community Hospital in Henderson and Deaconess Hospital have entered into a letter of intent to discuss business practices, treatments, and other health care issues?  …a Deaconess spokesperson told Channel 44 News “at this point the two hospitals are only talking about what kind and how much of an affiliation they want”?  …the spokesperson says “it is hard to tell where the talks will end, but she insists the talks are not aimed at a potential merger or buy out”?IS IT TRUE that the City County Observer recently reported that Deaconess Hospital recently signed a “Letter of Intent” with Henderson Methodist Hospital agreeing that both entities would cooperate in the sharing of physicians and other hospital services?IS IT TRUE it was reported by the City County Observer that it’s being alleged that Deaconess Hospital may be considering a move to help secure a bond debt owed by Henderson’s Methodist Community Hospital to the tune of $25 to $30 million dollars?  …if this is true it would allow Deaconess Hospital to secure some financial and operative controls over Henderson’s Methodist Community Hospital? …if members of the main stream media would file a Freedom Of Information Request to get copies of the official  Methodist Community Hospital board minutes during the last three (3) months they shall get their answers to this question?IS IT TRUE we are are extremely pleased that Channel 44 NEWS decided to take this story head on? …no wonder why Channel 44 News is now considered to be “the go to channel for breaking news”?  …we wonder why other members of the main stream media have been so quiet about the Henderson’s Methodist Community Hospital and Deaconess Hospital issue?IS IT TRUE we highly recommend that the Henderson’s Methodist Community Hospital Board of Directors pay special attention to the concerns of their 1600 plus employees? … …Its obvious that any contractual agreements between Deaconess Hospital and Henderson’s Methodist Community Hospital will affect their employees future employment status?IS IT TRUE political patronage is alive and well at the newly re-organized Evansville Land Bank (formerly Evansville Brownfield Corp)?  …we have been informed that at least 2 home inspectors are individuals with strong political connections have been hired by this organization?  …that 2 of the 3 home inspectors of the Evansville Land Bank were former elected city/county officials?  …that one of these individuals just lost his reelection bid for Vanderburgh County Council?  …we hear that this individual is now concerning announcing as a candidate for the At-Large City Council seat?EDITORS FOOTNOTE: Todays Readers Poll question Is: Do you feel that a legal  agreement was signed that will allow Deaconess Hospital to take over Methodist Hospital  the near future?We urge you to take time and click the section we have reserved for the daily recaps of the activities of our local Law Enforcement professionals. This section is located on the upper right side of our publication.If you would like to advertise or submit and article in the CCO please contact us City-County [email protected] FOOTNOTE:  Any comments posted in this column doesn’t represents the views or opinions of our advertisers.last_img read more

Ocean City Tax Bills Due by Nov. 10

first_imgCity Hall in Ocean CityTax bills have been mailed and the grace period ends Nov. 10, 2014.  Please be advised that postmarks are not accepted in accordance with the State of New Jersey tax laws, therefore the payment must be received by Nov. 10.Taxes can be paid online by visiting the Tax Collection web page at www.ocnj.us/tax. If you are using the bill pay feature with your bank, please allow 7-10 days for your payment to reach us. The Tax Collection website is sent directly to our bank account whereas using the bill pay feature of your own bank will require a check to be sent to this office.The Tax Collection office is located at 861 Asbury Ave. and our office hours are 8:45 A.M. to 4:30 P.M. Monday thru Friday. The Tax Collection office phone number is 609-525-9379.— From the City of Ocean Citylast_img read more

News story: DIO sets out vision for future working with industry

first_imgGraham Dalton, DIO’s CE said: The publication of this strategy, in anticipation of the updated 2018 DIO procurement plan, marks an important moment for DIO. We realise that we have not been the easiest organisation to do business with in the past and we are dedicated to changing that. This strategy sets out our intent to broaden our supply base, and for our existing and prospective suppliers to have the confidence to work with us. We will work in an open and constructive way to deliver innovative and value for money services that meet the requirements of defence and the armed forces. The Defence Infrastructure Organisation (DIO),on behalf of the Ministry of Defence (MOD), has launched its commercial strategy setting out its vision for future ways of working with suppliers in the soft and hard facilities management, construction and property advisory sectorsDIO currently spends around £3 billion each year buying infrastructure services to enable the men and women of defence to live, work, train and deploy across the UK and overseas.The strategy, which has been developed in consultation with industry partners, aims to transform the way DIO does business. It provides information on the types of opportunities available to prospective suppliers and outlines plans to create and sustain a competitive market.Central to the strategy is the importance of a broad and more diverse supply base which increases value back to the taxpayer by generating wider competition. DIO aims to increase supplier numbers and create a genuinely competitive supply base which offers greater opportunities to small and medium-sized enterprises (SMEs) as well as larger suppliers.As a main infrastructure client, DIO will engage with industry by sharing pipeline information well in advance of planned procurements to help shape the market, drive innovation and invigorate and maintain a diverse portfolio of suppliers. In turn this will support economic growth nationally and in the regions by giving businesses certainty to recruit and retain staff.Minister for Defence, Personnel and Veterans, Tobias Ellwood said: At a crucial time for defence spending, I am very pleased that the Defence Infrastructure Organisation has applied government best practice alongside working with industry to launch its first ever commercial strategy.It is important that we build a strong and broad supply chain for government contracts and by giving certainty and transparency to the market we ensuring value for money for the taxpayer and a vibrant economy. Gareth Rhys Williams, Government Chief Commercial Officer said: The defence estate is where our armed forces live, work, train and deploy from and it’s crucial we give them the best infrastructure possible. Working with industry is key, and this commercial strategy will ensure that the £3 billion we invest each year in our estate gives more value for money, is better aligned to military needs and gives more certainty to the defence supply chain. Mark Fox, Chief Executive of the Business Services Association said: The DIO commercial strategy sets the direction for future DIO procurement plans. I welcome the publication of the DIO commercial strategy. BSA members were closely involved in its development. Its publication marks an important step forward in the relationship, with government partnering with the private sector to deliver the best possible services.last_img read more