Goldman loses star trader as he leaves to start hedge fund

first_img Goldman loses star trader as he leaves to start hedge fund Thursday 16 December 2010 8:03 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Share Show Comments ▼ Goldman Sachs star trader Morgan Sze’s plans to raise over $1bn (£640m) for an Asia hedge fund could be a sign of things to come as traders who run own-account trading desks prepare for a Wall Street regulatory clampdown.Hong Kong-based Sze, head of Goldman’s principal strategies group, is to quit to form Azentus Capital, likely one of the biggest hedge fund launches since the onset of the credit crisis and which will have a team of close to 30. Goldman Sachs declined to comment.The move comes as Goldman and other Wall Street banks wind down their proprietary trading desks in light of the “Volcker rule”, named after the former Federal Reserve chairman who authored the regulation to limit the extent to which banks can bet with their own capital. Banks are considering options such as spinning out desks as separate hedge funds or moving them into their asset management units. Morgan Stanley is spinning out FrontPoint Capital while JPMorgan is reassigning its proprietary traders to its asset management unit. center_img whatsapp KCS-content whatsapp Tags: NULLlast_img read more

IHG raises its dividend as hotels boom

first_img InterContinental Hotels, the world’s biggest hotelier, showed confidence in economic recovery by lifting its final dividend for the first time in three years and set a target for opening more hotels.The British group, home to the InterContinental, Crowne Plaza and Holiday Inn brands, met forecasts with a 22 per cent rise in 2010 profit, driven by demand from Asia, business travellers and a revamp of its Holiday Inn chain.“Across the business and across the world we are seeing some solid growth,” finance director Richard Solomons said, adding an economic recovery that had started in Asia was now looking “very broad based”.InterContinental, with over 4,500 hotels in more than 100 countries, said it would grow its estate by 3-5 per cent a year from 2012, revamp its Crowne Plaza chain and also sell its flagship InterContinental New York Barclay hotel.Its upbeat tone chimed with recent comment from rivals, including US groups Marriott on Monday and Starwood earlier this month. Meanwhile, InterContinental said yesterday that it will launch a new upper mid-scale hotel brand in China by the end of the year, as part of plans to more than double the size of its operations in emerging markets.The group estimates that China will overtake the United States as the world’s biggest hotel market by 2025.THE RETURN of the business traveller – as played by George Clooney (right) in Up in the Air – helped InterContinental Hotels boost annual profits, chief executive Andy Cosslett told City A.M. yesterday. Its upscale brands, which are popular with corporate clients, staged the biggest recovery, with revenues at InterContinental and Crowne Plaza up 10.5 per cent and 16.7 per cent respectively. Cosslett says demand from financial services firms has staged a remarkable recovery, which is good news for IHG because they often spend more on rooms and services.“Financial services went to ground for obvious reasons during the recession, but it’s all come back. These clients like top hotels, and they like luxury suites,” says Cosslett. Revenues at IHG’s Groups & Meetings arm – which hosts conferences and events – are around 17 per cent higher than they were last year. And 27 per cent of bookings were made through its globally negotiated account, which deals directly with big corporates. “Everyone is obsessed with government austerity, but the truth is the corporate world dealt with this much earlier. Everyone was taking out costs in 2008-2009. Now firms are doing what they’re supposed to – meeting people and growing their top line,” says Cosslett. By David Crow whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBetterBe20 Stunning Female AthletesBetterBeUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndo whatsapp IHG raises its dividend as hotels boom More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comcenter_img Tuesday 15 February 2011 8:06 pm KCS-content Show Comments ▼ Share Tags: NULLlast_img read more

PointsBet secures Maryland market access deal with Riverboat Group

first_imgRead the full story on iGB North America. Regions: Maryland Subscribe to the iGaming newsletter Sports betting Tags: PointsBet Riverboat on-the-Potomac Riverboat Group 10th June 2021 | By Robert Fletcher Topics: Sports betting Online sports betting Retail sports betting Email Addresscenter_img Under the 10-year deal, PointsBet will partner with the Riverboat on-the-Potomac to offer both online and retail sports wagering in Maryland. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter PointsBet will pay online and retail sportsbook market access fees to the Riverboat Group, as well as a portion of net gaming revenue derived from its sportsbook operations in the state. PointsBet secures Maryland market access deal with Riverboat Group The Riverboat on-the-Potomac operates as a licensed satellite simulcast facility for horse racing. Sportsbook operator PointsBet has entered into an agreement with the Riverboat Group’s Riverboat on-the-Potomac venue in Maryland to secure market access in the US state.last_img read more

Express Limited (XPRS.ke) 2007 Annual Report

first_imgExpress Limited (XPRS.ke) listed on the Nairobi Securities Exchange under the Transport sector has released it’s 2007 annual report.For more information about Express Limited (XPRS.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Express Limited (XPRS.ke) company page on AfricanFinancials.Document: Express Limited (XPRS.ke)  2007 annual report.Company ProfileExpress Limited is a transport and logistics company in Kenya which offers services for goods clearing and forwarding and warehousing. The company transports goods to the major towns and cities in Kenya and depots in South Sudan, North Sudan, Ethiopia, Zambia, Zimbabwe, Uganda, Tanzania, Rwanda, Burundi and the DRC. Express Limited operates a diverse fleet comprising trucks, small vans, trailers, low loaders, side loaders, cladded stainless steel tankers and forklifts. The company offers value-added services for its clients which includes handing customs documentation for imports and exports; coordinating pick-ups, clearing and door-to-door deliveries; pre-shipment inspections; warehouse logistics, and storing, cleaning and repairing empty containers. A division of Express Limited manages its investments in real estate. Express Kenya is a subsidiary of Etcoville Holdings Limited and its head office is in Nairobi, Kenya. Express Limited is listed on the Nairobi Securities Exchangelast_img read more

Dawn Properties Limited (DAWN.zw) 2017 Annual Report

first_imgDawn Properties Limited (DAWN.zw) listed on the Zimbabwe Stock Exchange under the Property sector has released it’s 2017 annual report.For more information about Dawn Properties Limited (DAWN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Dawn Properties Limited (DAWN.zw) company page on AfricanFinancials.Document: Dawn Properties Limited (DAWN.zw)  2017 annual report.Company ProfileDawn Properties Limited offers professional real estate services to government, parastatals, corporates, institutional bodies, the financial services and private sector; including property sales and leasing, property management, real estate valuation and advisory services, and project and development management. Dawn Properties has three real estate businesses in Zimbabwe; property holding, property development and property consulting. It owns approximately 540 hectares of land in residential and commercial markets and manages over 340 000 square metres of lettable space across over 120 sites in Zimbabwe. The valuation division covers property, plant and machinery, and furniture and fittings valuations. Its property and timeshare portfolio include Caribbea Bay Sun Hotel, Monomotapa Hotel, Elephant Hills Resort and Conference Centre, Great Zimbabwe Hotel, Holiday Inn Mutare Hotel and Hwange Safari Lodge. Dawn Properties Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Plan UK offers festive screensaver

first_img Howard Lake | 12 December 2003 | News  20 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Children’s charity Plan UK is once again offering an advent calendar screensaver for download from its Web site.The screensaver, available for both Windows PCs and Macs, features pictures, stories and audio files from the communities around the world where Plan works, together with a reminder to become a Plan’s sponsor and to forward it onto friends and families.The Web site too features a facility to promote the free screensaver to friends, family and colleagues via e-mail. Advertisement Tagged with: Digitalcenter_img The screensaver has been offered again following its success last year. OD Consultancy has produced both screensavers. In both years, however, the link to “sponsor a child” requires the user to visit the Plan UK Web pages. For many people on dial-up this might not be straightforward, or even expected given that they are viewing a screensaver. Perhaps the calendar should have featured page with further details about sponsoring a child, rather than requiring the viewer to visit a Web site.Plan Ireland is also offering a similar free screensaver. Plan UK offers festive screensaver AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Ireland Funds report record breaker

first_imgIreland Funds report record breaker Tagged with: Ireland AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 13 August 2006 | News The American Ireland Fund 31st Annual New York Dinner Gala held in the Spring is reporting a record breaking $4.1 million dollars raised for charity in Ireland. Some 1300 people attended the dinner which honoured prominent Irish Americans. The American Ireland Fund has committed $1 million through the Dinner to Sesame Street to enable them to produce 26 programs for youth in Northern Ireland aimed at reducing prejudice.The second initiative will provide for the building and staffing of the very first American Ireland Fund integrated preschool in Northern Ireland. Only 6% of Catholic and Protestant children are educated together in Northern Ireland. Advertisement  20 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

MP calls for end to VAT on charity donations by SMS

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 18 December 2007 | News Advertisement  64 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis MP calls for end to VAT on charity donations by SMS  63 total views,  1 views today About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Liberal Democrat MP Mark Oaten has tabled an Early Day Motion today calling upon the Government to stop charging VAT on UK charity donations made by text. All other methods of giving to charity are VAT exempt.Oaten argues that the levying of VAT is penalising charities for trying innovative methods of fundraising and communications, and hindering a method of giving that helps charities avoid the security issues of handling cash or the overheads associated with cards and direct debit processing.Following the extensive use of premium SMS donations in the wake of the December 2004 South Asian Tsunami, HMRC responded to public pressure and gave a one-off donation to the appeal in compensation for the VAT charged.Vir2 Ltd, a premium SMS company which has offices in Mark Oaten’s constituency, is hoping the Government will repeat that approach on a more permanent basis. Roger Craven, Managing Director of the company, said: “Taking 17.5% from donations made by premium SMS is clearly inconsistent and unfairly penalises smaller charities.”Vir2 favours creating ‘VAT free’ short codes that can only be used by registered charities for the purpose of fundraising. The awarding of short codes is already regulated by Ofcom and Phone Pay Plus.Vir2 markets premium SMS, SMS marketing and fundraising solutions to charities, hospital trusts and universities through a marketing partnership with Charity Technology Trust. It also provides mobile lottery, bingo and scratch-card solutions to Age Concern Enterprises under the Givitago™ brand name.www.vir2.co.uk Tagged with: Digital Individual giving Law / policylast_img read more

Lloyds Bank Foundation announces £2.5m funding to improve criminal justice system

first_img  650 total views,  2 views today Lloyds Bank Foundation announces £2.5m funding to improve criminal justice system Tagged with: Funding  651 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 Lloyds Bank Foundation for England and Wales is investing £2.5m in charities seeking to improve the criminal justice system.The Foundation has awarded £2,503,293 in new funding for up to three years to 17 specialist charities and partnerships to help them make a positive impact on policy and practice in the criminal justice system. The new funding is in addition to investments of £5,895,139 made to criminal justice charities since 2015 to help support their frontline services.The Foundation’s programme is supporting the voluntary sector to gather evidence, speak up and use their expertise and understanding to help influence policy and practice across probation, prisons and the wider criminal justice system. Charities funded through the programme will aim to affect change at a local, regional, or national level within five years and are seeking to:Make the case for better alternatives to prison, by intervening earlier to prevent crime and reduce the number of people going to prison;Improve how groups disproportionately affected by the criminal justice system are treated, such as BAME prisoners, young people and women;Improve how the prison and probation service work, in particular by ensuring that specialist and small charities are properly involved and funded.Those being funded include Maslaha, which will be using a £262,440 grant to challenge unfair and discriminatory treatment received by Muslims in the prison system. Other charities being funded to better protect and support marginalised groups experiencing disproportional outcomes in the current system include Women in Prison, Brighton Women’s Centre, Agenda, The Standing Committee for Youth Justice, The Care Leavers Association, The Traveller Movement, Ipswich and Suffolk Council for Racial Equality (ISCRE) and Zahid Mubarek Trust.Also being funded are charities Centre for Justice Innovation and CASSPLUS, which have been awarded £191,770 to jointly push for more effective early intervention services in the justice system.Centre for Justice Innovation’s Head of Evidence and Data Stephen Whitehead said:“The criminal justice system is missing opportunities to address the root causes of crime before they spiral out of control. Nine out of 10 prisoners have been convicted at least once before being imprisoned and half have been convicted at least 15 times. By finding new ways to intervene as early as the first time that a person is convicted – or even the first time they are arrested – we can address the issues driving their offending before they escalate.” Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis3 Melanie May | 28 January 2020 | News The charities APPEAL, Centre for Crime and Justice Studies, Criminal Justice Alliance, Revolving Doors and Transform Justice are also being funded to highlight problems in the criminal justice system and make the case for better alternatives to prison through championing effective early intervention, prevention and rehabilitation.Also being funded, to support specialist small charities to become stronger, speak up and improve the policy and operating environment, are Clinks, Community Chaplaincy Association, M.A.L.S. Merseyside and Thames Valley Partnership. Lloyds Bank Foundation Chief Executive Paul Streets said:“The criminal justice system is facing huge challenge. Small specialist charities have had huge success in tackling reoffending, helping people turn lives around and preventing people from falling into a cycle of crime. Yet, despite their expertise and track record, charities are still not properly involved in how prisons and the probation service are funded and organised. At the start of this new Government and Parliament there is a clear need and chance to make changes to reform and improve the system.” About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

No children’s ‘slave quarters’!

first_imgHouston’s Free Los Niños Coalition held a militant demonstration on July 6 outside of a Southwest Key building being remodeled into a prison for unaccompanied minors crossing the Mexico/Texas border without an adult. Almost all speakers condemned not only the Donald Trump administration, but also both the Democrats and Republicans for their anti-immigrant policies and practices. Revolutionary militancy was in the air as speaker after speaker said they would not allow this children’s prison to be opened.Speakers included representatives of Fight for Im/migrants and Refugees Everywhere (FIRE), Houston Socialist Movement, the Brown Berets de Houston, Code Pink, Texas Environmental Justice Advocacy Services (TEJAS), the S.H.A.P.E. (Self-Help for African People through Education) Community Center, Familias Inmigrantes y Estudiantes en Lucha (FIEL), Refuse Fascism and Democratic Socialists of America.Kofi Taharka, national chair of the National Black United Front, spoke loudly as he said, “A slave quarters on Emancipation Avenue? Hell no! Our community fought to get the city to rename this street from one honoring a Confederate general to one our ancestors would recognize: Emancipation Avenue.“Emancipation Park on the south end of this street was founded by the Rev. Jack Yates and other newly freed slaves in 1872. We will not allow a prison to be on the north end of Emancipation Avenue. Black Panther Carl Hampton was assassinated by Houston cops on this street.“Yes, immigration is a Black issue. Anytime the government talks about prisons, they are speaking about Black people. We are here today in solidarity with everyone who wants to stop this prison,” Taharka asserted.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more