Some 66 percent of fixed income professionals are seeking to reduce high operating costs, according to a survey by SimCorp. In a report, SimCorp suggested that these high operating costs would be treated as the number one priority for respondent's in 2018. The report entitled 'Fixed Income 2018:
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Real estate heat. It's always amazing to watch the impact that one or two groups can have on a neighborhood. For places like Chinatown that person has historically been George Yu, the neighborhood's Business Improvement District executive editor. But even he's got to hand it to David Chang of
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Stuart Grant, who leads asset management for Blackstone Real Estate's investments in Asia Pacific, will be stepping down from the US alternative investment giant to join London-focused developer Stanhope Plc as Managing Director later this year. Grant currently serves as Senior Managing Director
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Goldman is looking for talent in unusual places because it is trying to pull off a radical makeover, offsetting persistent weakness in its core business of trading by pushing into lending. The most obvious sign of that effort is Marcus, the online-only bank: it has raced to about $3bn of consumer loans in 18
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Fund transfer to any Bangladeshi bank account through online banking will become possible from June, in a development that promises to be a great timesaver for bank customers. For that end, the central bank has asked all banks in the middle of February to connect their fund transfer channel to the
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Nest announced its new Power Project Thursday to help raise awareness on how energy costs can affect low-income households. Low-income households spend three times more of their income than the United States average to heat and cool their homes, according to a release from Nest. The U.S.
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As global smoking rates decline, tobacco companies are trying to keep up performance by boosting prices and introducing new products. Philip Morris has introduced iQos into 38 markets. Chief Executive Officer Andre Calantzopoulos has said he envisions a world where all 1 billion smokers have
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SeatGeek is buying the naming rights to the 20,000-seat stadium that's home to Major League Soccer's Chicago Fire, a much-needed boost for a surrounding suburb that's been crippled by debt related to the 12-year-old venue. The village of Bridgeview, which owns the venue, had about $260 million of
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Bitcoin is really worth somewhere between $20 and $800,000, according to economic theory and a night of drinking (Bloomberg); From Hawaii to Italy, free trips fuel retirement savings sales push (Politico); 7 Secrets of Warren Buffett's Success (Safal Niveshak); Americans who complain about rising gas
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April 19, 2018, 7:32 AM PDT Updated on April 19, 2018, 9:09 AM PDT. Photographer: Jim Young/Bloomberg. AMAZON.COM INC. +23.23. As of 2:21 PM EDT. 1551.07 USD. The big numerical reveal on Wednesday was Amazon.com Inc. finally spilling the beans on the number of Prime members (more
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Homebuyers, hold onto your wallets. The gains in home prices are getting bigger as the supply of homes for sale gets leaner. The median price of a home sold in March surged 8.9 percent compared with March 2017, according to Redfin, a real estate brokerage. It is the biggest annual increase in four
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From what we have witnessed during the International Fact-Finding Mission in several regions in Mindanao, it is the Armed Forces of the Philippines (AFP), as sanctioned by their commander-in-chief, who are irrepressible in their misconduct and grave abuse of authority under martial law,â claimed KMP
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April 19 (Renewables Now) – Wunder Capital, a US financial technology company providing financing to solar projects, has raised USD 112 million (EUR 90.4m) in equity and debt to support its expansion in the commercial photovoltaic (PV) market. The Series B financing round was led by New
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NEW YORK, April 19 (Thomson Reuters Foundation) – Fighters for social, economic and environmental justice earned places on Fortune's list of the World's 50 Greatest Leaders on Thursday, cited for their exceptional skills at building their organizations' effectiveness. Ranging from little known to widely
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Summer might be just around the corner, but for the area's housing market, the heat is already here. Builders in Flagler pulled permits to start 326 new homes, including 126 in March, the most in a month since May 2006 and most in a quarter since the second quarter of 2006. Their counterparts in
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Marines volunteered to assist the Onslow County Animal Shelter via the Lejeune-New River Single Marine Program, Monday. This week through April 21 as part of the 2018 Single Marine Program Days of Service, hundreds of Marines will be volunteering throughout the community. According to Brig.
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The European Commission has published a draft implementing regulation to extend the transitional period for own funds requirements for exposures to central counterparties (CCPs). If the regulation is adopted, the transitional period will be extended by an additional six months until 15 December 2018.
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Family Building Society wants to launch into retirement interest-only mortgages, Keith Barber, director of business development at the society revealed. Barber said he'll be able to discuss the society's launch in more detail by the end of Q2. Family will also make changes to its offset range around
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Another national championship means Nick Saban has returned to Fortune's annual list of the “World's Greatest Leaders.” Saban checks in at No. 12 on the list, and the highest ranking sports figure. Tennis superstar Serena Williams at No. 15 and the “Gymnasts and Their Allies” — those who banded
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The Mortgage Bankers Association reported a 4.9 percent increase in loan application volume from the previous week. … What I see: Locally, well-qualified borrowers can get the following fixed-rate mortgages at zero-point cost: A 15-year at 3.875 percent, a 30-year at 4.25 percent, a 15-year agency
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