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Saxo Bank will continue to operate as a separate entity. Credit: FellowNeko/Shutterstock.com J. Safra Sarasin Group has agreed to acquire the remaining indirect stake in Saxo Holding held by Kim Fournais, in a move that will give it full ownership of Saxo Bank. The stake represents about 28.69%. The agreement follows Bank J. Safra Sarasin’s…
Park joins the firm as a managing director and will be based in Singapore. Credit: PhotoGranary02/Shutterstock.com German asset manager DWS has named JB Park as its head of alternatives client coverage for Asia Pacific. Park joins the firm as a managing director and will be based in Singapore. Access deeper industry intelligence Experience unmatched clarity…
If it’s a day ending in ‘y,’ Affinius Capital is probably doling out a big loan. This time, the recipient was a joint venture of PCCP, Claremont Development and Stanbery Development Group. The partners scored a $188 million loan to refinance the District 15Fifteen complex in Parsippany, New Jersey, the Commercial Observer reported. The property…
Sedano’s Supermarkets purchased one of the retail centers it anchors in Miami-Dade County, property records show. The Florida grocery store chain paid $32 million for a 107,034-square-foot open-air property at 8601 Bird Road, by the intersection with Southwest 87th Avenue, near Tropical Park. Besides the Sedano store, tenants include Denny’s and Office Depot. SEE ALSO:…
Steve Cohen runs Point72 Asset Management, and investors closely watch his investment decisions through that hedge fund’s 13F filings. The most recent 13F highlighted two interesting moves. First, Cohen took profits in artificial intelligence leaders Amazon (AMZN 0.80%) and Nvidia (NVDA +3.74%). Second, he dramatically increased his position in Boston Scientific (BSX 1.08%). Here’s a…
24 June 2026 Icelandic króna will be fifth currency available for settling instant payments through TARGET services ECB and Seðlabanki Íslands agreement will take effect as of 2028 The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow…
Potential first-time buyers unaware of the mortgage options available to them and believing they cannot get onto the housing ladder is an issue, it was said during a discussion. During Aldermore’s Mortgage Market Insight, in collaboration with Mortgage Solutions, David Hollingworth, associate director of communications at L&C Mortgages, said there had been a lot…
Mercer Global Advisors is suing a former employee, alleging she stole confidential client information in their move to a competitor and that the promises she’d abide by employment agreements with Mercer were “completely hollow.” Mercer filed the suit in Missouri state court this week against Jeannie Seabaugh and Brand Asset Management Group, where Mercer claims…
The federal government has spent nearly $1.5 billion to acquire two California detention centers from prison operator CoreCivic, marking one of the largest real estate deals tied to the Trump administration’s expansion of immigration enforcement. The U.S. Department of Homeland Security (DHS) purchased the 1,994-bed Otay Mesa Detention Center in Greater San Diego for $739.2…
The NIIF was created in 2015 to attract global investment into the country’s infrastructure development 1 min read Last Updated : Jul 09 2026 | 8:06 AM IST Australia’s largest pension fund, AustralianSuper, said on Thursday it would invest a further A$500 million ($346 million) in India’s National Investment and Infrastructure Fund (NIIF). The…