RDC Acquired for $700 Million Credit ratings vendor Moody's Corp. is acquiring Regulatory DataCorp (RDC), an anti-money laundering (AML) and know-your-customer (KYC) data and due diligence services provider, for $700 million, as part of an effort by Moody's to boost its compliance offerings. RDC, which is owned by Vista Equity Partners (Vista), an investment firm [...]
Detroit Police And Fire Pension Board Files Complaint With U.s. Bankruptcy Court Over Contract For Deputy Cio
DETROIT, Jan. 28, 2020 /PRNewswire/ -- The Police and Fire Retirement System of the City of Detroit Board of Trustees has filed a lawsuit in Federal Bankruptcy Court requesting an injunction against a 75% pay raise the PFRS Investment Committee is trying to give the retirement system's...
The organization chose four commercial real estate professionals for the honor. : NAIOP has added four Houston legends to its Hall of Fame, recognizing their career-long impact on the city's commercial real estate community.
Finansinspektionen (FI) considers there to be elevated risks in the banks' lending for commercial real estate. The banks should hold more capital for these exposures, which is why FI is raising the capital requirements. FI decided today on additional capital requirements for the banks' exposures in lending to the commercial real estate sector and how these requirements will be calculated. This decision is based on the proposal FI presented in a memorandum on 27 November 2019 that was then submitted for consultation. FI is presenting in a memorandum today the method it will use to calculate the additional capital requirements.
The top locations for family offices in the U.S. were New York, California and Texas. : The top asset classes for investment by single and multi-family offices in the U.S. were private equity and hedge funds, according to a new study. The study, by New York-based family office data and research firm Fintrx, and commissioned by Schwab Advisor Services, surveyed 11,000 family office professionals from 2,750 family offices globally. Among those surveyed, the top origins of wealth were private investing at 21.3%, entrepreneurs at 19.3% and inheritances at 14.3%.
The Portland Hunt & Alpine Club owners Andrew and Briana Volk are aiming to open Verna's All Day at the end of the year in the Colby College-owned Bill & Joan Alfond Main Street Commons at 150 Main St. in downtown Waterville.
Climate Change Splits The Public Into Six Groups. Understanding Them Is Key To Future Action - Abc News (australian Broadcasting Corporation)
Climate change is a daily reality in Australia, but not everyone is convinced of the need for action. Understanding these six groups of people is key to preserving a liveable world, writes Rebecca Huntley.
Finland's Kone has offered roughly 17 billion euros ($18.9 billion) for Thyssenkrupp's prized elevator division, a preliminary bid which two people familiar with the matter said topped rival suitors.
LONDON--(BUSINESS WIRE)---- $XCF #digitalsecurities--Transactive Energy Pioneer Announces Blockchain-Based Solutions for Renewable Energy Distribution. : LONDON--(BUSINESS WIRE)--Cenfura has entered into an agreement with C4D to tokenize microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South Africa with potential power demand of 3,000 MW. "We are very excited to be finally implementing these plans that we have worked extremely hard on - this is the culmination of a lot of great work from our team," said Randall Meals, Cenfura President & CEO.