Advertisements



Black sees Apollo doubling assets to $600 billion in five years

Leon Black, co-founder of Apollo Global Management Inc., said the firm is on course to almost double its assets under management to $600 billion in five years. The target “does not represent the end... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

In an industry disrupted by technology, this banking CEO still sees service as king

Malcolm Holland is Chairman, CEO and President of Dallas-based Veritex Community Bank. Veritex has acquired seven banks in 10 years, with its most recent merger with Green Bank more than doubling its size in employees, assets and branch locations......»»

Category: topSource: bizjournalsSep 25th, 2019

Popularity rises among Boston"s few donor-advised funds

In 2016, the most recent year for which data is available, U.S. donor-advised funds reached $85 billion in assets under management, nearly doubling the total from just four years earlier......»»

Category: topSource: bizjournalsSep 6th, 2018

Toyota sees 80% profit drop as virus wipes $14 billion off car sales

Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»

Category: topSource: reutersMay 12th, 2020

Chicago investment advisor launches in Atlanta

Cresset, founded less than three years ago, claims more than $6 billion in assets under management......»»

Category: topSource: bizjournalsApr 9th, 2020

Chicago-based investment advisor launches in Atlanta with trio of local hires

Cresset, founded less than three years ago, claims more than $6 billion in assets under management......»»

Category: topSource: bizjournalsApr 8th, 2020

JPMorgan upgrades Cabot to Overweight, sees shares doubling in three years

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 3rd, 2020

SoftBank to raise $41 billion to expand share buyback, cut debt

SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years......»»

Category: topSource: reutersMar 23rd, 2020

40 deals in four years: Raleigh"s Captrust closes on $5.5B firm

Raleigh’s Captrust just closed its 40th deal since 2016 – buying an Alabama-based firm with $5.5 billion in assets.....»»

Category: topSource: bizjournalsMar 13th, 2020

CDPQ posts a 10.4% annualized return in 2019 and 8.1% over five years

CDPQ's portfolio produced $106 billion over five years and depositors' net assets reached $340 billion MONTRÉAL, Feb. 20, 202.....»»

Category: earningsSource: benzingaFeb 20th, 2020

HSBC to slash investment bank, 35,000 jobs in strategy overhaul

HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: topSource: reutersFeb 18th, 2020

HSBC to slash 35,000 jobs after profits fall

HSBC said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: videoSource: reutersFeb 18th, 2020

The Wall Street Journal: HSBC to cut 35,000 jobs as part of plan to scale back operations

HSBC Holdings PLC said it would cut 35,000 jobs and $100 billion in assets in the next three years as it scales back its operations in the U.S., mainland Europe and its investment bank......»»

Category: topSource: marketwatchFeb 18th, 2020

HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years......»»

Category: topSource: reutersFeb 18th, 2020

HSBC sets new cost cutting, earnings targets after 2019 profit falls 33%

HSBC Holdings PLC on Tuesday unveiled plans to cut $100 billion in assets, slash its investment bank and restructure in the United States and Europe, as it launched its biggest overhaul in years in a bid to improve returns......»»

Category: topSource: reutersFeb 18th, 2020

The Tell: Rental properties are a ‘terrible investment,’ says fintech company with $22 billion in assets under management

A decade ago, John Paulson, coming off the absolute fortune he had made a few years .....»»

Category: topSource: marketwatchDec 19th, 2019

Black Friday Sees Record Sales, Still Less Than 11% Of China"s Singles Day

The online sales on Black Friday hit a record of $7.4 billion this year, according to the 2019 Holiday Shopping Trends report by Adobe Inc (NASDAQ: ADBE). 0 read more.....»»

Category: blogSource: benzingaDec 2nd, 2019

US pork industry sees $25 billion China market without tariffs

U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease......»»

Category: topSource: moneycentralDec 1st, 2019

U.S. pork industry sees $25 billion China market without tariffs

U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian country’s hog herd has been devastated by disease......»»

Category: topSource: moneycentralNov 26th, 2019

How Portland business owners benefit from community bank services (podcast)

Community banks offer traditional banking services to their local communities. The banks typically have less than $1 billion in assets, although this size threshold has been debated in recent years, according to Steve Watts, senior vice president a.....»»

Category: topSource: bizjournalsOct 22nd, 2019

Bank of American plans to expand customer-loyalty program after initial success

Bank of America Corp.'s (NYSE: BAC) Preferred Rewards program is celebrating five years, logging 6 million members with $475 billion in assets since its inception. BofA's Preferred Rewards is a loyalty program for customers with at least $20,000 across .....»»

Category: topSource: bizjournalsSep 27th, 2019