Citibank’s success follows a raft of bumper trading updates from Wall Street. Goldman Sachs more than tripled its profits in the fourth quarter on the back of bumper bond trading after the U.S. election. Its revenue from fixed-income trading was up around 78 per cent.Yesterday, Morgan Stanley posted its biggest fourth-quarter profit since the financial crisis, doubling its profits on the surge in bond trading. The name’s bond: Citigroup fourth quarter results lifted thanks to fixed income division Wednesday 18 January 2017 7:35 pm whatsapp We had a strong finish to 2016, bringing momentum into this year. We drove revenue growth in our businesses and demonstrated strong expense discipline across the firm. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman files for divorce after seeing this photoMisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speedinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comPensAndPatronTori Roloff Confirms Devastating News About The FamilyPensAndPatron Share whatsapp Hayley Kirton and Helen Cahill Citigroup has reaped the rewards of the bond market trading boost following the election of Donald Trump, alongside its US rivals such as Goldman Sachs.The bank’s net income for the fourth quarter of 2016 came in at $3.6bn (£2.69bn) as compared to $3.3bn the year before – a rise of nine per cent. Read more: Goldman more than triples profits in fourth quarter Revenues came in at $17bn, down nine per cent from $18.5bn the year before, due to disposals.Revenues in its fixed income division jumped 36 per cent to $3bn, with equity markets revenue climbing 15 per cent; total markets and securities services revenue was boosted by 24 per cent as compared to the same quarter the year before.Citigroup’s share price was down 1.73 per cent at time of writing.Michael Corbat, Citigroup’s chief executive, said: More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org read more

first_imgMusicKip Boardman is all About That Smooth ’70s L.A. SoundThe L.A. music veteran teams up with acclaimed percussionist Nelson Bragg on his new albumBy Julia St. Pierre – May 5, 2015640ShareEmailFacebookTwitterPinterestReddItKip Boardman, a longtime session keyboard player and member of the L.A. roots scene, has performed alongside artists such as Randy Weeks, Mike Stinson, Tony Gilkyson and Ramsay Midwood. Nelson Bragg, who produced Boardman’s new album Boardman (out April 28), has served as vocalist and percussionist in Beach Boys cofounder Brian Wilson’s band for over ten years. The two musical veterans crossed paths by chance at the Cinema Bar, a revered live music dive, on a night when Boardman’s own band was playing and Bragg happened to stop in. Bragg was blown away, and a new collaborative project was born.Boardman the album is Boardman the songwriter’s fourth studio album and the first venture for Bragg’s new label, Steel Derrick Music. With a distinctive ’70s L.A. country rock feel, the songs are captured live and put on display a perfect symmetry of Wurlitzer grooves from Boardman, tasty back-and-forth guitar licks from Eric Heywood (Ray LaMontagne’s pedal steel player), and California country gunslinger Dave Gleason. Rob Douglas (Nick Waterhouse, Apex Manor) is on bass, and Steve Mugalian (Dave Alvin) plays drums. Catch the band at the album release party Thursday at El Cid. TAGSBoardmanBrian WilsonEl CidKip BoardmanNelson BraggSteel Derrick MusicPrevious articleL.A.’s 10 Best Bars for Discerning Day DrinkersNext articleThe Tiki Trend Is All Grown UpJulia St. Pierre RELATED ARTICLESMORE FROM AUTHORBrian Wilson and Al Jardine Had Nothing to Do with Donald Trump’s ‘Beach Boys’ FundraiserA Photographic Journey Through L.A.’s Live Music Scene10 Fantastic Things to Do This Weekend in L.A., 1/29last_img read more

first_imgWATCH LIVE: Trump’s impeachment trial continues Friday February 12, 2021 WATCH LIVE: House impeachment managers continue case against Trump in Senate February 11, 2021 RELATEDTOPICS LONDON — A giant balloon depicting Donald Trump as a screaming orange baby will be added to the Museum of London as an illustration of the protests that greeting the U.S. president when he visited the city in 2018.The Trump Baby Blimp will live on in the museum long after its namesake has left the West Wing.“By collecting the baby blimp, we can mark the wave of feeling that washed over the city that day and capture a particular moment of resistance,” Sharon Ament, the museum’s director, said in a statement.The baby blimp will be part of the museum’s protest collection, which hold artifacts from the women’s suffrage movement, peace activists who opposed the war in Iraq during the early 2000s, and recent protests against public spending cuts. Banksy creates Bob Ross-inspired video to confirm prison-escape mural March 6, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments AdvertisementTags: LondonTrumpcenter_img Advertisement AdvertisementThe blimp flew outside the Houses of Parliament on July 13, 2018, when thousands of demonstrators crammed the streets of central London to protest Trump’s visit to the capital.It was designed in a pub by a group of friends who wanted to speak out against Trump’s policies. They came up with the massive balloon that caricatured Trump as a screaming, diapered baby clutching a smartphone and topped by a quiff of yellow hair. “We hope the baby’s place in the museum will stand as a reminder of when London stood against Trump, but will prompt those who see it to examine how they can continue the fight against the politics of hate,” the blimp’s creators said in a statement. AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Advertisement Facebook oversight board upholds Trump suspension May 6, 2021last_img read more

first_img Previous articleArlington AFC signs deal with Balon Sports for new team kit and training equipmentNext articleBlow for Laois footballers as forward departs panel ahead of Leinster championship LaoisToday Reporter Moment in Time: New school opening in 2017 a joyous occasion for Ballyroan Facebook GAA Twitter RELATED ARTICLESMORE FROM AUTHOR Facebook Wishing the students all the best in the future he said, “Some will stay in Ballyroan, some will go further afield. But you will never forget your schooldays.”Niamh Kelly, principal of the school, thanked the parents, teachers and students for their support while Fr Gerard Ahern praised praised Ms Kelly for her “leadership and hard work”. “It wasn’t an easy task but your hard work has ensured this school has gotten off to a great start.”Quoting from Pope John Paul 2’s visit to Ireland in 1979, Bishop Nulty told the pupils that “you will decide what Ireland will be” and “tomorrow as technicians or teachers, nurses or secretaries, farmers or tradesmen, doctors or engineers, priests or religious, tomorrow you will have the power to make dreams come true. Tomorrow Ireland will depend on you”.He praised them for their coverage in amalgamating the schools. “Never be afraid of change – welcome it.” Jack Murphy, a local man in his 80s who was groundsman in the girl’s school for many years, was on hand to cut the ribbon, along with the two youngest students in the school at the moment.Minister Charlie Flanagan praised Cllr Sweeney’s role in bringing the project to fruition.“The evening we came into Government in 2011, Mary Sweeney was onto me straight away saying ‘I want a new school in Ballyroan’. Anyone who knows Mary Sweeney knows you don’t say No!” WhatsApp TAGS2017BallyroanMary Sweeney SEE ALSO – Moment in Time: Remembering Mary Sweeney’s time as Cathaoirleach of Laois County Council There were scenes of great happiness in Ballyroan on a June afternoon in 2017 as the new primary school in the village was officially opened.A host of dignitaries were on hand for the momentous occasion including Bishop Denis Nulty, local priest Fr Gerard Ahern and Minister Charlie Flanagan – but it was a particularly big moment for local councillor Mary Sweeney.She was proud as punch on her home turf on what was a truly joyous occasion. It was the culmination of years of hard work and campaigning to get the project off the ground and then over the line.As well as a new building – which the students moved in to the previous December – there was the amalgamation of the boys and girls school in the village to become Scoil Eoin Pol Naofa II.Indeed it was a case of double celebration – the official opening was also the day they got their school holidays. But it was a day with a difference. The presence of dignitaries, parents and an ice cream van in the school yard ensured it was no ordinary day.“Yes, I’m delighted,” said Mary Sweeney enthusiastically in her speech. “Yes, we did it.“This has been done by the community in Ballyroan and driven by the parents, the teachers and the Board of Management.“There was a huge need for a new school. It was absolutely necessary. We have met seven different Ministers for Education since 1997. It’s a proud and historic day for Ballyroan.”Cllr Sweeney thanked the nearby residents in the Glenbrook estate for being “patient and tolerant” and also the staff in Charlie Flanagan’s office as “they were the people I hounded”.She also praised her colleagues in Laois County Council from the Portlaoise Electoral Area for their support and wished the children of the school “the very best wishes whatever way life may take you”.center_img WhatsApp Home Sponsored Moment in Time: New school opening in 2017 a joyous occasion for… Sponsored Here are all of Wednesday’s Laois GAA results By LaoisToday Reporter – 15th May 2019 Pinterest Pinterest GAA GAA Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twitter 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

TD getting new head of private wealth, financial planning Keywords AppointmentsCompanies Mutual Fund Dealers Association Share this article and your comments with peers on social media Related news The board of directors of the Mutual Fund Dealers Association of Canada (MFDA) has appointed Mark Gordon as president and CEO, effective October 1. Gordon will be replacing Larry Waite who will be retiring on September 30. IE Staff Gordon joined the MFDA in 1998 and currently holds the title of executive vice president. Before joining the MFDA, Gordon spent several years with the Ontario Securities Commission as senior legal counsel and, prior to that, he practiced corporate securities law with a major national law firm. He was one of the MFDA’s two initial employees and he has played a key leadership role in developing and building the MFDA into a national self-regulatory organization with offices in Toronto, Calgary and Vancouver and 170 staff. Facebook LinkedIn Twitter PenderFund names new SVP for investments CETFA elects new board leader read more

Facebook LinkedIn Twitter The vast majority of independent advisors in the U.S. believe asset growth is set to accelerate in the year ahead, according to a new survey. The latest TD Ameritrade Institutional Advisor Index survey of independent registered investment advisors (RIAs), found that nearly nine in 10 advisors expect to see a faster growth rate for assets under management (AUM) in 2013. Keywords Practice management,  Information technology Related news James Langton IIROC urges vigilance amid heightened cybersecurity threats Share this article and your comments with peers on social media “RIAs find themselves in an interesting paradigm – a challenging business environment combined with an unprecedented opportunity,” said Jim Dario, managing director of product management, TD Ameritrade Institutional. This, in turn, is pushing advisors to adopt a variety of strategic planning initiatives to prepare for their growth over the next six months, it says, including: conducting internal strategic planning discussions (67%), using benchmarking studies and whitepapers for guidance (37%), and conducting workshops (20%). As for specific strategic initiatives, the survey notes that advisors are deploying technology to increase scale (63%), systematizing client service and delivery (58%), and training and developing staff skills (58%), to facilitate growth over the next six months. In terms of technology, advisors say they plan to invest in customer relationship management tools (33%), performance reporting tools (31%) and mobile devices (28%). “Adopting new technologies alone will not create office efficiencies, improve client service or provide a pathway to more profitable growth,” added Dario. “These solutions will need to be integrated within a firm’s workflows and adopted by staff members as part of their day-to-day responsibilities to ensure consistency and effective impact on business processes.” Additionally, the survey reports that advisors say the vast majority of their growth opportunities come from referrals (86%). And, to attract new clients, it says advisors are considering new niche clients (34%), adding new markets (26%) and adding new expertise (26%). “Not only are top firms proactive in developing referrals, they are also using technology to systematize the referral process through the use of CRM dashboards and business analytics tools,” said Dario. “By knowing precisely where each referral opportunity is in the sales pipeline, advisors can nurture each prospect step-by-step with a timely and thoughtful communications approach.” In terms of headwinds for the advisory business, the survey points to increased compliance requirements (57%), regulatory changes (56%) and an aging client base (56%). In response, it says that 40% of advisors plan on increasing marketing and business development spending in the next six months. Most advisors are not considering merger and acquisition activities as part of their growth strategy (71%), it says. The survey was conducted by Maritz, Inc. on behalf of TD Ameritrade Institutional, and is based on interviews of 502 advisors from Dec. 15, 2012 to Jan. 11, 2013. It has a margin of error of ±4.4%. New platform to improve claims process at ivari Negotiation tips when buying or selling a book read more

first_img BMO asset management sale is on strategy: Moody’s Corporate takeovers of publicly traded companies should be easier to execute under revised guidance contained in a staff notice published Tuesday by the Toronto Stock Exchange (TSX).The TSX issued a consultation paper in June on possible changes to its guidance regarding the need for shareholder approval when a company issues securities in connection with a potentially dilutive acquisition. The exchange sought to revise its guidance to enable companies to increase an existing takeover bid without seeking shareholder approval for issuing additional shares. Following a public consultation, the TSX is adopting revised guidance that will generally enable companies to issue up to an additional 25% of the number of securities approved by shareholders, without seeking further approval, as part of a proposed takeover bid.The revised guidance also sets out the disclosure requirements for companies in connection with these sorts of transactions, among other things. Related news Record M&A activity in Q1, Crosbie & Co. says Keywords Share offerings,  Mergers and acquisitionsCompanies Toronto Stock Exchange center_img Global M&A sets Q1 record, Refinitiv says James Langton Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

first_img James Langton hand painting symbols of alternative energy sources in green ismagilov/123RF Sustainable bond issuance set record in Q1: Moody’s Canadians need education on ESG investing Sustainable responsible investment (RI) is an increasingly important priority for private equity (PE) firms, according to a new report from PricewaterhouseCoopers (PwC).PwC’s Private Equity Responsible Investment Survey 2019 finds that the industry’s appetite for RI is growing, and that environmental, social and governance (ESG) considerations are increasingly factoring into their investment strategies. Global insurers’ focus on ESG will impact energy sector: report Keywords Responsible investing Facebook LinkedIn Twitter Related news Share this article and your comments with peers on social media “ESG issues have moved from niche to mainstream, with 81% of our respondents having adopted a responsible investment policy and 81% also reporting ESG matters to their boards at least once a year,” the report says, and more than a third of respondents now have an in-house team dedicated to responsible investment, up from 27% in 2016.The driving force behind this growing interest in ESG drivers includes risk management considerations and corporate values. With 28% of survey respondents citing corporate values as the primary driver, “This could be a sign that responsible investment is being perceived as the ‘right thing to do’,” the report says.PE firms are also increasingly aware of, and aligning with, the United Nations’ Sustainable Development Goals (SDGs), the report says. For instance, two-thirds of survey respondents now say that they they’re prioritizing SDGs that are relevant to their investments, up from 38% in 2016.“While the drivers behind this momentum may vary from player to player, our view is that responsible investment is likely to rise to the forefront of all decision making in this industry and become business as usual,” the report says.Compared with previous surveys, PwC is seeing a higher correlation between concern about ESG issues and firms taking action. “Respondents indicate that they are not only concerned about bigger risk factors such as human rights or climate change, but are actively taking measures to address the specific human rights and climate issues they regard as most significant in the long-term,” the report says.However, there are areas where firms’ concerns are not matched by action, the survey finds. While 80% of respondents say that they are concerned about emerging technologies such as artificial intelligence (AI) and automation, only 20% are taking any action. Additionally, 89% say they are concerned about cybersecurity, but only 41% are taking action to deal with the issue.“This is a really encouraging survey that suggests responsible investment is starting to come of age in terms of driving sustainable business practice. The private equity sector has a vital role to play in supporting sustainable development: the survey highlights that private equity houses and LPs are taking that responsibility seriously and driving genuine change. That is especially important as their role in global capital markets increases,” says Will Jackson-Moore, global private equity, real assets and sovereign fund leader at PwC, in a release.Looking ahead, PE firms’ reporting, both to their board and publicly, will become increasingly detailed and will focus on the most relevant ESG issues, rather than a general interest in RI. “Many respondents are now applying a materiality lens to identify which ESG issues are most significant for them and for their stakeholders,” the report says.“We are at the stage that we can see ESG genuinely driving returns, and enhanced ESG practices can potentially enhance multiples: it may well be the next big value lever. It is therefore vital for PE houses and investors alike to recognise that even if responsible investment may seem challenging there are numerous solutions and frameworks that can be applied to achieve positive outcomes,” adds Jackson-Moore.The report is based on a survey covering 162 respondents from 35 countries.Click here for the full report.last_img read more

first_img Share this article and your comments with peers on social media James Langton Facebook LinkedIn Twitter Already suffering, working women face tougher future A deadly first wave, followed by a tsunami of excess deaths Market volatility spiked in March, but debt market activity reached record levels in the first quarter and global equity issuance pulled back slightly, according to new data from Refinitiv.Global equity capital market activity declined by 2% in the first quarter, both in terms of deal volume and value, compared with the same period last year. Total equity issuance came in at $126.6 billion (all figures in U.S. dollars) for Q1. But the real effects of the pandemic started to show in March, which saw a 60% decline in deal activity from February, Refinitiv reported. March ranked as the weakest month since October 2011.Initial public offering activity dropped by 37% in March, the firm noted. Yet, global IPO proceeds were up by 75% in the first quarter overall.By sector, the healthcare industry led the way in equity issuance in the first quarter, accounting for 15% of market activity, followed by tech at 13%, financials (12%), retail (11%) and real estate (10%).Global debt markets saw record issuance in the first quarter.Debt issuance rose by 7% in the quarter, Refinitiv said, reaching $2.3 trillion. The first quarter was the strongest three-month period for global debt markets since records began in 1980, Refinitiv noted.U.S. investment-grade corporate debt set records in the first quarter too, the firm reported.Total issuance reached $435.7 billion in the quarter, up by 35% from the same quarter in 2019.March also ranked as the strongest month on record for U.S. issuance, and the week of March 22 set a record for weekly issuance.Alongside the surge in U.S. investment grade offerings, Refinitiv also reported that global high-yield bond issuance rose by 11% in the first quarter.This came despite a “near shutdown of the primary market for high-yield offerings in March,” Refinitiv noted. When the world caught Covid, diversified investors stayed healthy Related news Keywords Pandemics,  Underwriting,  Investment banking man with calculator 123RFlast_img read more

first_imgCyclone recovery efforts underway in Mid-West-Gascoyne region Melissa Pexton named State Recovery Controller to lead recovery from Ex-Tropical Cyclone SerojaState Recovery Coordination Group established to manage cyclone recovery effortsPremier Mark McGowan today announced Melissa Pexton has been appointed State Recovery Controller and head of the State Recovery Coordination Group to assist and support communities impacted by Ex-Tropical Cyclone Seroja.Ms Pexton is the Department of Fire and Emergency Services Director Risk, Capability and Analysis, and will lead the whole-of-government approach to recovery efforts.Ms Pexton is also the Executive Officer of the State Emergency Management Committee and has held positions of Deputy Chair and Chair of the SEMC Recovery and Community Engagement Subcommittee.She was previously Manager Emergency Management for the Western Australian Local Government Association, and has held senior roles with Emergency Management Western Australia.The State Recovery Coordination Group is comprised of State and Local Government representatives and not-for-profit organisations.Earlier today, disaster assistance was announced for communities with widespread damage caused by Ex-Tropical Cyclone Seroja.The Local Government areas of Chapman Valley, Dalwallinu, Greater Geraldton, Morawa, Northampton and Shark Bay are now eligible to receive financial assistance through the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements.As stated by Premier Mark McGowan:“The establishment of a State Recovery Coordinator Group is an important step in the long road to recovery for Ex-Tropical Cyclone Seroja.“Melissa Pexton’s wealth of experience and in-depth knowledge of local communities and emergency services makes her the ideal choice to lead this significant recovery effort as the State Recovery Controller.“Ms Pexton has spent considerable time working with local communities to build resilience when faced with major natural disasters.”As stated by Emergency Services Minister Reece Whitby:“We know the impacts of Ex-Tropical Cyclone Seroja will be felt by residents in Kalbarri, Northampton and many other surrounding communities for months, if not years.“The McGowan Government wants to assure communities that we are here to support them as they recover from this catastrophe.“Impacted communities have displayed remarkable resilience in recent days and the State Government will continue to provide strong support as we emerge from this disaster.”Premier’s office – 6552 5000​ /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, community engagement, Dalwallinu, Emergency, Emergency Management, Emergency Services, Fire and Emergency Services, Geraldton, Government, Kalbarri, Local Government, Morawa, Northampton, resilience, Western Australialast_img read more