Fincen's Proposed Streamlined Sar -- The Real Estate Report | Cadwalader, Wickersham & Taft Llp
On February 16, 2024, the Financial Crimes Enforcement Network (“FinCEN”) issued a proposed rule addressing “Anti-Money Laundering Regulations for Residential Real Estate Transfers.” The proposed rule would, among other things, require certain persons involved in real estate closings to maintain records regarding non-financed residential real estate transfers and to submit “streamlined SARs” (suspicious activity reports), called Real Estate Reports, to FinCEN....By: Cadwalader, Wickersham & Taft LLP.
Pound Speculators Turn Net Short | Capital Market News
Large currency speculators in the Pound futures turned net short for first time in around 5 months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of -26233 contracts in the data reported through April 23 2024. This was a weekly fall of 34852 net contracts and is at its lowest level since November last year.
Columbia University, Anti-israel Agitators Fail To Reach Deal, President Asks Camp To 'voluntarily Disperse' | Fox News
Columbia University President Minouche Shafik said no deal had been reached between school officials and protesting students as the anti-Israel encampment continues for more than 12 days.
Invesque, Inc. Announces Appointment Of Adlai Chester To Ceo, Quinn Haselhorst To Cfo And Proposed Changes To Board Of Directors
TORONTO, April 29, 2024 /CNW/ - Invesque Inc. (TSX:IVQ) (TSX:IVQ) ("Invesque" or the "Company") announced today that Scott White, Chairman and Chief Executive Officer, will resign from his role as Chief Executive Officer effective May 10, 2024. Mr. White will continue to serve as Chairman of the Board of Directors (the "Board") and will remain with the Company in an advisory capacity. Adlai Chester, who currently serves as Chief Financial Officer, and Executive Vice President of Investments for the Company and a Director on its Board, will assume the Chief Executive Officer role upon Mr. White's departure.
Koninklijke Philips N.v. (phg) Q1 2024 Earnings Call Transcript
Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer Abhijit Bhattacharya - Chief Financial Officer Richard Felton - Goldman Sachs Hassan Al-Wakeel - Barclays David Adlington - JPMorgan Veronika Dubajova - Citi Hugo Solvet - Exane BNP Paribas Graham Doyle - UBS Julien Dormois - Jefferies Julien Ouaddour - Bank of America Robert Davies - Morgan Stanley Sezgi Ozener - HSBC Falko Friedrichs - Deutsche Bank Edward Ridley-Day - Redburn Atlantic Welcome to the Royal Philips First Quarter 2024 Results Conference Call, on Monday, April 29, 2024.
Hedge Fund Brevan Howard's Abu Dhabi Office Hired 50 People In 15 Months
It's nearly 15 months since hedge fund Brevan Howard announced that it was opening an office in Abu Dhabi. Since that time, the fund has amassed 90 employees at its new UAE outpost, of whom 40 were there from the start and 50 have been hired-in.Get Morning Coffee [?] in your inbox. Sign up here.Brevan's 90 Abu Dhabi employees include a mix of portfolio managers, marketing professionals, salespeople, operations professionals and technologists. They manage $10bn of the fund's $35bn in assets.The Brevan Howard Abu Dhabi office is run by Abhijit Chakrabortti, a senior strategist who previously worked in New York and Hong Kong.
Berkshire Hathaway To Pay $250M To Settle Real Estate Commission Lawsuits
The real estate company had been a major holdout after several other big brokerage operators agreed to settle. : A real estate company owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes. HomeServices of America said Friday that the proposed settlement would shield its 51 brands, nearly 70,000 real estate agents and over 300 franchisees from similar litigation.
Can Turning Office Towers Into Apartments Save Downtowns? | The New Yorker
Nathan Berman has helped rescue Manhattan's financial district from a "doom loop" by carving attractive living spaces from hulking buildings that once housed fields of cubicles.
Billionaire Investor Jim Simons Just Bought These 3 "magnificent Seven" Stocks
A good way to spot trends in the stock market is to look at which companies asset management firms are investing in. While there are a lot of hedge funds out there, one of the more closely followed portfolios hails from Renaissance Technologies.Renaissance is led by Jim Simons, w.
Endeavour Pours First Gold From $290M Sabodala Massawa Expansion
ENDEAVOUR Mining said on Monday it had poured first gold from its Sabodala Massawa expansion at its Senegal mine, two years after starting the $290m project. The expansion, which Endeavour Mining said would transform Sabodala Massawa into a tier one gold mine, would ramp up to nameplate 1.2 million tons a year of ore by [...] The post Endeavour pours first gold from $290m Sabodala Massawa expansion appeared first on Miningmx.
Quiz: Is This Real Donald Judd Furniture Or A Knockoff? - The New York Times
It's not that easy to tell fake Donald Judd furniture from the real thing. See if you can do a better job than Kim Kardashian.