IBS Intelligence Awards Objectway #1 for Private Banking and Wealth Management Deals

Article content LONDON — Objectway, a global wealth, banking & asset management software provider, has been recognised as the market’s leading firm for Private Banking and Wealth Management deals in the IBS Intelligence Sales League Table (SLT). Objectway also got a very favorable place in the SLT Leaderboard for Private Banking & Wealth Management, a … Read more

Govt must review private network guidelines: Broadband India Forum

The Broadband India Forum (BIF) has sought a review of government guidelines on captive non-public networks, saying they hurt enterprises. The Department of Telecommunications (DoT), late Monday evening, released guidelines for private networks. The guidelines followed the union cabinet’s decision to sell spectrum and subsequent notice for auction. … Read more

BIF approaches DoT citing concerns over new captive private network norms

Industry body Broadband India Forum (BIF) on Wednesday shot off a letter to the Telecom Department flagging concerns over several aspects of newly-framed guidelines for captive private networks, including “high” networth criteria, and uncertainty on pricing of spectrum allocated. In a letter to Telecom Secretary, K Rajaraman on Wednesday, … Read more

US company spending on private jets for personal use hits 10-year high

Spending by US companies on private jets for personal use by chief executives and chairs hit the highest level for a decade last year as many businesses relaxed restrictions on using them because of the pandemic. It rose 35 per cent to $33.8mn among S&P 500 groups in 2021 — the highest since 2012, according … Read more

Guardian Capital Group Limited acquires majority interest in private wealth manager Rae & Lipskie Investment Counsel Inc.

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content TORONTO, June 27, 2022 (GLOBE NEWSWIRE) — Guardian Capital Group … Read more

Bob Diamond’s private equity firm raises funding from Qatar

The private equity group of former Barclays chief executive Bob Diamond has struck a deal with Qatar to fund a new distressed asset vehicle. Atlas Merchant Capital, which was co-founded by Diamond almost a decade ago, has received a non-binding commitment of $100mn from the Qatar Financial Centre (QFC), the Doha-based site through which international … Read more

Visionstate Corp. Announces Private Placement

Article content EDMONTON, Alberta, June 24, 2022 (GLOBE NEWSWIRE) — Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Corporation”) is pleased to announce that, subject to regulatory approval, the Corporation intends to complete an offering (“Offering”) of up to 12,500,000 common shares of the Corporation (“Common Share”) at a price of $0.04 per Common Share for … Read more

CAC Specialty hires from Marsh for private equity role

CAC Specialty said Tuesday it hired Gabe Levitt, formerly of Marsh LLC, as executive vice president with its private equity team.  Based in Los Angeles, Mr. Levitt is joining CAC in a business development and client management role for CAC Specialty’s private equity business on the West Coast.   He was most recently executive vice … Read more

COAI writes to DoT, demands tough norms for private networks

The Cellular Operators Association of India (COAI) has demanded imposition of tough conditions for allowing enterprises to set up “captive non-public networks”. The move comes just a few days after the Cabinet, despite opposition from telcos, permitted enterprises to set up private networks, with the department of telecom (DoT) assigning them spectrum … Read more

Gov to unveil Section 21 eviction ban and new private renters ombudsman

The UK government is set to publish the Fairer Private Rented Sector White Paper later today which will unveil plans to ban Section 21 evictions and see the creation of an ombudsman for private renters.  The whitepaper will aim to redress the balance between landlords and 4.4m tenants in the private rented sector (PRS). The … Read more