ING Real Estate Finance Announces Sale of USD 1.6 Billion of U.S. Commercial Real Estate Loans to Wells Fargo Bank, N.A.Leave a comment
August 16, 2013 by apicomely
Polish PM plans to replace Finance Minister Rostowski within months: sources
The attractive terms reflect the quality of the portfolio, which consists entirely of performing loans and represents approximately 50 percent of ING Real Estate Finance’s total U.S. loan portfolio. The agreement further strengthens ING’s capital position as ING Real Estate Finance focuses its activity in its core markets. The company announced in September 2012 that it would manage down its U.S.
Barclays Finance Chief Resigns Earlier on Health Reasons
Unhelpful Timing Its unhelpful timing for Barclays, said Ian Gordon , an analyst at Investec Plc (INVP) in London , who has a buy recommendation on the shares. However, there should be no impact on the rights issue next month, he said. Barclays gained 0.6 percent to 285.45 pence in London today. The shares have increased 8.7 percent this year. Morzaria, the executive hired last month from JPMorgan Chase & Co., will join the board on Oct.
The loneliness of being a Finance Minister
The Finance Minister offers one solution after another even as the evidence grows that the economy is not listening. The latest offerings came on Monday as part of a series of sops that the Finance Minister thinks will kickstart the fortunes of Indias export sector and fill some of the current account deficit (CAD). His blueprint includes spikes in customs duties to restrict imports of certain goods, relaxations on external commercial borrowings, both meant to reduce the alarming CAD. Will he succeed? It seems unlikely.
NorthStar Realty Finance Announces Pricing of a $531.5 Million Floating Rate CMBS Transaction
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Mucha is Poland’s sports minister, while Korolec leads the environment ministry. “This will probably happen in a few months’ time, so in the meantime (Rostowski) can finish the ongoing budget revision for 2013 and deal with the next year’s budget bill,” the source in the government also said. The finance ministry did not respond to phone calls nor emails seeking comment. Earlier in August, the government’s spokesman, Pawel Gras, said there were no indication that Rostowski’s fate in the government would be in danger. But the other two sources, who are not members of the government but are in regular contact with senior policymakers, both said independently Tusk was planning to let Rostowski go within several months.