Posted by admin on August 18th, 2008
Aug 18, 2008 /PRNewswire-FirstCall via COMTEX/ — Diversified Mortgage Workout Corporation (Pink Sheets: DMWK) today announced that its Board of Directors over the weekend has negotiated an additional investment commitment of 30,000,000 dollars from a private investment group domestically in addition to a pledged foreign investment commitment of 20,000,000 dollars.
The company is gaining significant notoriety [...]
Posted by admin on June 20th, 2008
The funds became UCITS III compliant earlier this year following a vote by their shareholders. They are now in the process of obtaining local market registration, which is necessary in order for them to be marketed.
Both the funds are Luxembourg-domiciled and are aimed at institutional investors and high net worth individuals, with a minimum investment [...]
Posted by admin on May 15th, 2008
Brewin Dolphin is the only UK investment management firm to have its investment banking division headquarters outside London. Francesca Craggs speaks to Graeme Summers, who heads the Newcastle-based operation.
THINK investment banking and the City of London or Wall Street probably springs to mind. Not many people may know the North East can boast its very [...]
Posted by admin on April 22nd, 2008
The Bush administration, pledging a “strong and continued commitment” to safeguarding national security, issued 90 pages of regulations Monday to implement a new law tightening security reviews of foreign investments.
Congress passed the law last year after an uproar in 2006 over a plan by Dubai-owned DP World to manage six of the largest ports in [...]
Posted by admin on April 18th, 2008
Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]
Posted by admin on March 24th, 2008
A decade after its merger with Travelers Group Inc. created the No. 1 U.S. bank by assets, Citigroup Inc. is the stock market’s inferior investment compared to Bank of America Corp., JPMorgan Chase & Co. and the Standard & Poor’s 500 Index.
No wonder Citigroup Chief Executive Officer Vikram Pandit, just four months into the job, [...]
Posted by admin on March 21st, 2008
WASHINGTON (AP) — The Bush administration said Thursday it had reached agreement Abu Dhabi and Singapore that they will not use their huge government investment funds to further their political goals.A set of policy principles was released after Treasury Secretary Henry Paulson met with officials from Abu Dhabi, home to the world’s largest government investment [...]
Posted by admin on March 21st, 2008
DETROIT (AP) — Borders, the nation’s second-largest bookseller, said Thursday it may put itself up for sale and has lined up $42.5 million in financing to help continue operating.Borders delayed its fourth-quarter earnings report, scheduled for Wednesday, until Thursday.Borders Group Inc. said the financing commitment comes from investment funds affiliated with Pershing Square Capital [...]
Posted by admin on March 19th, 2008
Firm Adds Three Corporate Lawyers to BVI Office in Response to Market Growth
Walkers, the global offshore law firm of choice for investment banks, international law firms, collateral managers, and other financial institutions, announced that it has added three lawyers in its British Virgin Islands (BVI) office in response to increased corporate finance, mergers & acquisitions, [...]
Posted by admin on March 16th, 2008
Agency Mortgage-Bond Spreads Rise as Carlyle Fund Nears Bust
By Jody Shenn
March 13 (Bloomberg) — Yields on agency mortgage-backed
securities relative to U.S. Treasuries widened, as a Carlyle
Group fund moved closer to a collapse that may result in the sale
of its debt [...]
