Privat Bankers

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DAMAC delisting plan piles pressure on shrinking Dubai market

Arab News 15 Jun 2021

A $595 million bid to take DAMAC Properties private by the firm’s founder Hussain Sajwani is the latest blow to the exchange, even as the Gulf city state’s property market showed signs of life in the first quarter ... “If someone wants to take (their company) private; this is the time,” the M&A banker said.

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Analysis: DAMAC delisting plan piles pressure on shrinking Dubai market

Reuters 15 Jun 2021

A $595 million bid to take DAMAC Properties (DAMAC.DU) private by the firm’s founder Hussain Sajwani is the latest blow to the exchange, even as the Gulf city state’s property market showed signs of life in the first quarter ... "If someone wants to take (their company) private; this is the time," the M&A banker said.

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Analysis-DAMAC delisting plan piles pressure on shrinking Dubai market

Metro USA 15 Jun 2021

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4% of Maltese paid bribes to receive public services – corruption barometer

Independent Online 15 Jun 2021

President (2%); National government officials (14%); Local government representatives (including mayors) (7%); Police (6%); Judges and magistrates (8%); Bankers (4%); NGOs (7%) ... Bankers and business executives are perceived as more corrupt than any public sector institution in half of the EU.

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JPMorgan employees reportedly ‘panicking’ over orders to save text messages

New York Post 14 Jun 2021

JPMorgan promotes two female bankers in race to succeed Jamie Dimon ... Bankers at JPMorgan are “panicking” over recent orders from the megabank to save all of their work-related text messages — even if they were tapped out on personal devices and apps ... Bankers must review all messages even on private, encrypted services like WhatsApp.

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Pinnacle Financial Partners Recruits a Team of 9 Experienced Financial Professionals in Huntsville, Alabama

The Maryville Daily Times 14 Jun 2021

Gifford is an experienced banker who specializes in wealth management and financial planning. She has worked in financial services since 1994, including many years as a private banker at Colonial Bank and Regions, both in Huntsville ... American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No.

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Will the Queen return her Benin bronze? How the African treasure was looted not once, ...

The Art Newspaper 14 Jun 2021

Until March this year the trust was chaired by the Prince of Wales, with the post passing on his resignation to fellow trustee and banker James Leigh-Pemberton. The Royal Collection, a registered charity, is a private collection held in trust by the monarch for their successors and the nation ... But it appeared to be a fine bronze and looked old ... .

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Returnees rant over UK hotel quarantine ‘horrors’

The Times of India 13 Jun 2021

LONDON. British Indian Puneet Dwivedi spent hundreds of pounds on phone calls to the UK from India to organise his mandatory hotel quarantine, only to find the calls diverted to an Indian call centre ... "It is shambolic.". Sunil Amar, a private banker from London, has been waiting for India to be taken off the red list since April ... .

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Dream home: Luxury condo with Fox Theatre-style home theater, located at Pine Knob Championship Golf Course

The Oakland Press 11 Jun 2021

Photo courtesy of Coldwell Banker Weir Manuel ... Photo courtesy of Coldwell Banker Weir Manuel. “The beauty of this home is that a buyer can buy it furnished or unfurnished, plus you can hop on your golf cart and be on the course in two minutes,” said the listing agent, Kari Gorz of Coldwell Banker Weir Manuel.

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Queen’s birthday list honours key figures in UK Covid vaccine drive

The Observer 11 Jun 2021

The banker, who apologised for revelations about his private life and the damage they caused the group’s reputation at a time when the firm was overseeing thousands of job cuts, is honoured after what the government said was “a major service for the UK taxpayer by leading Lloyds Banking Group from the brink of collapse back to profitability”.

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About a dozen wealth managers exit Banque Pictet & Cie

Hong Kong Standard 10 Jun 2021

The Swiss firm has hired aggressively and introduced targets to measure the performance of its bankers, aiming to lift profitability as margins shrink and competition for rich clients heats up ... As of 2020, the business employed about 70 relationship managers in the region, according to Asian Private Banker, an industry publication.

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Rival owners of NBA’s Hawks and 76ers have common Apollo Global ties

New York Post 10 Jun 2021

Private equity firms risk losing key advantage in legal scrapes ... It’s not the first time private equity titans have had basketball teams meet in the playoffs, although it is a rare occurrence ... “Private equity guys are relatively new sports team owners,” a sports banker said.

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Sansera Engineering files IPO papers with Sebi

The Times of India 10 Jun 2021

NEW DELHI. Auto component maker Sansera Engineering Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale ... Did you Know? ... , IIFL Securities and Nomura Financial Advisory and Securities (India) Private Limited have been appointed as merchant bankers to advise the company on the IPO . .

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Indian experts split on printing Covid bailout cash

Asiatimes 10 Jun 2021

India had put an end to this practise in 1997 to discourage fiscal profligacy by the governments ... This has led to a steep fall in income and consumption ... Photo ... Leading banker and the CEO of privately held Kotak Mahindra Bank Uday Kotak had earlier called for printing of more money to help the country tide over the current slowdown ... If not now, when?”.

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Greensill tycoon 'didn't save us a penny': David Cameron's banker boss made no savings for ...

The Daily Mail 09 Jun 2021

David Cameron's banker boss did not save taxpayers a penny when he was brought into Government, MPs were told yesterday ... But former Cabinet Office minister Lord Maude said Mr Greensill's idea of using a private firm to pay suppliers was 'at best a distraction'.