Finance News

Unlock the world of finance with information about the accounting, banking and financial services, insurance and investment industries. Catch up on the latest innovations in retail and commercial banks, personal finance management and the major players on the venture capital stage.

Former U.S. Securities & Exchange Commission Enforcement Chief Joins Maalouf Ashford & Talbot

William J. Thomas, Former U.S. Securities & Exchange Commission Enforcement Chief, has joined Maalouf Ashford & Talbot. - January 30, 2013 - Maalouf Ashford & Talbot, LLP

Delgado Realty Group Continues Helping HomeBuyers with DownPayment Assistance

The California Housing Finance Agency has announced temporarily suspended California Homebuyer's Downpayment Assistance Program (CHDAP) that are combined with FHA-insured first mortgage loans. This is due to an interpretive rule by HUD that CHDAP is uninsurable in the manner that is currently... - January 28, 2013 - Delgado Realty Group

John G. Gaffney Earns Associate in Risk Management (ARM) Designation

John G. Gaffney earns designation as a Associate in Risk Management (ARM), a highly respected credential of the risk management and property-casualty insurance industry. - January 27, 2013 - Coverage Solutions Inc

Forex-Metal Metatrader 4 Now Supports Linux Operating System

Forex-Metal Metatrader 4 platform is now compatible with Linux operating system. - January 27, 2013 - Forex-Metal

Popular Commercial Lending Group Adds Farm Loan Line of Credit Product

Popular Commercial Lending Group (PCLG) has added a real estate revolving line of credit product to their agricultural loan product offering. - January 26, 2013 - Popular Commercial Lending Group

BDA Advises on Divestment of Shanghai Elsker to J&J

Top ranked, fast growing Chinese consumer brand sold to global leader; Secures highly successful exit for founder and private equity backers. - January 26, 2013 - BDA Partners Ltd

Hennessey Capital Adds Equipment Financing to Its Suite of Products

Hennessey Capital adds equipment financing to existing product line. - January 26, 2013 - Hennessey Capital

UAE Exchange Partners BRAC Bank in Bangladesh for FLASHremit

Bangladeshi expats can now send money to their dear ones’ bank accounts in Bangladesh in real time using FLASHremit, from UAE Exchange. Both sender and receiver get an SMS each, the moment account is credited. - January 26, 2013 - UAE Exchange

Aero And Marine Tax Professionals Helps Real Estate Business Obtain Tax Exemption on Plane Purchase

Real Estate Development Company Get Sales Tax Exemption on Purchase of Cessna P210N Airplane - January 25, 2013 - Aero & Marine Tax Professionals

Aero & Marine Tax Professionals Helps Pilot Secures Tax Exemption on Airplane

Aero And Marine Tax Professionals Win RV-12 Aircraft Sales Tax Exemption Case - January 25, 2013 - Aero & Marine Tax Professionals

2nd Annual Collateral Management

American Leaders promotes their 2nd Annual Collateral Management event; a two day forum dealing with the massive change in terms of both the regulatory environment and market dynamics. - January 25, 2013 - American Leaders

zIngenuity Acquires Mortgage Guaranty Reinsurance Company

zIngenuity Acquires Mortgage Guaranty Reinsurance Company

zIngenuity, Inc., a national provider of risk management and loss mitigation services for mortgage lenders and servicers, has acquired a mortgage guaranty captive reinsurance company domiciled in the Turks and Caicos Islands (“TCI”). The TCI acquisition is being renamed zInsureRe TCI,... - January 24, 2013 - zIngenuity, Inc.

Woodlake Commodity Solutions Posts P5.74 B Net Income in Last Semester of 2012

Woodlake Commodity Solutions posted a net income of P5.74 billion in the last semester of 2012. - January 24, 2013 - Woodlake Commodity Solutions

CashFlows Teams Up with Young Enterprise to Support Businesses of the Future

CashFlows announces an agreement to provide payment processing facilities for Young Enterprise businesses - January 24, 2013 - CashFlows

Xtraice Achieves Its Expected Turnover for 2012

Xtraice estimates an increase of 75% in turnover for 2013. - January 24, 2013 - Xtraice International

Consolidebtllc Warns USA Citizens to be Careful with Their Credits

The question about refundable fees in debt relief organizations is still open; however in case of unavoidable matters the debtor shall have the opportunity to get all moneyback. - January 23, 2013 - Consolidebt LLC

Retirement Income Professional Stephen Lomsdalen Joins MarketWatch's RetireMentors Program

Stephen Lomsdalen, ChFC, CFS, CIS joins select group of financial professionals committed to educating the investing public on Marketwatch.com. Through the RetireMentors program, financial commentators will provide insight, education and creative and informative strategies to help individual... - January 23, 2013 - Lomsdalen Wealth Management,Inc.

US Economy Likely to Improve in 2013

A new survey by Money Journal.com shows that the U.S. economy is likely to improve in 2013, despite headwinds facing the nation. - January 22, 2013 - Money Journal

New Minnewaukan Public School Open to Students, Thanks to New Markets Tax Credit Financing

Grand opening celebration is scheduled for 1 p.m. Monday, Jan. 21. - January 20, 2013 - Travois Holdings, Inc.

Junction CEO Talks "Getting It Done" at Financial Marketers' Conference

Julie Gareleck, CEO & Managing Partner of Atlanta-based strategy firm Junction Creative Solutions (Junction), spoke on a panel of senior marketers representing the nation’s largest financial firms with on Wednesday, January 16th in New York, NY. The event, JFAM:FORUM-NYC, was the first... - January 20, 2013 - Junction Creative Solutions

BusinesSuites Announces Expansion to Annapolis, Maryland

New Flexible Workspace Option for Entrepreneurs, Professionals and Fortune 1000 Companies to Open in April 2013. - January 18, 2013 - BusinesSuites

Legacy Family Office Joins Top-Ranked Pathstone to Expand Client Services

Legacy Family Office, a privately owned registered investment advisory firm, has joined Pathstone Family Office. Legacy Family Office was founded in 2006 by Tammy Surratt and serves families in the Naples area. Surratt founded Legacy Family Office to provide ultra-high net worth families with more... - January 18, 2013 - Legacy Family Office

SO Leads Releases Upgrade to Buying Platform

Lead generation business introduced new buying platform, bringing new opportunities for brokers. - January 18, 2013 - Simply Online Media

Principia Addresses US Market Risk Rule and ASF Guidance on Securitization Due Diligence

Principia's Structured Finance Platform delivers consolidated platform to perform global securitization due diligence best practices. - January 17, 2013 - Principia Partners LLC

VStock Transfer Congratulates Its Client, Eurosite Power, Inc. on Getting DTC Eligibility

Eurosite Power, Inc. Obtains DTC Eligibility - January 16, 2013 - Vstock Transfer, LLC

Medcom's Expanded Pay or Play Actuarial Analysis Brings Necessary Guidance to Employers

Although many of the employer mandates included with the PPACA Health Care Reform bill will take effect on January 1, 2014, most employers have not fully evaluated how this major legislative package will impact on their employee benefit and compensation package. Medcom's expanded Pay or Play Analysis provides the road map they need to make more informed decisions for 2014 and beyond. - January 15, 2013 - Medcom

Christopher Weil & Company Launches IMA Partner Professionals to Expand Expertise and Offerings

Christopher Weil & Company Launches IMA Partner Professionals to Expand Expertise and Offerings

Commercial real estate veteran Bill Whittaker signs on as IMA Partner bringing 30 years of experience to deepen the CWC bench. - January 15, 2013 - Christopher Weil & Company

BDA Advises on Divestment of Printronix to Corona Investment Partners

Business Development Asia LLC ("BDA") is pleased to report that its client, Printronix, Inc. ("Printronix"), the global leader in line-matrix and thermal printing solutions, has been acquired by Corona Investment Partners, led by Daniel Allen. BDA acted as joint financial... - January 15, 2013 - BDA Partners Ltd

VStock Transfer Congratulates Its Client, Skajaquoda Group Inc., on Getting DTC Eligibility

VStock Transfer, LLC (http://www.vstocktransfer.com) is pleased to congratulate its client, Skajaquoda Group Inc., on obtaining DTC Eligibility. Last month, the Depository Trust Company (DTC) granted the company eligibility status. Eligibility is part of the process that enables ownership of the... - January 15, 2013 - Vstock Transfer, LLC

National Futures and Commodities Exchange is Well Prepared to Increase Market Participation Through Free Market Data and Clean Liquidity

NFCX, is more than prepared to deliver free market data and spotless liquidity solutions to its active forex clients as it has been consistently observing an impressive shift on how forex market participants achieve perceptibility in today’s inter-bank foreign exchange rates. - January 15, 2013 - National Futures and Commodities Exchange

Financial Planning Association of Florida Board Members Attend National Chapter Leaders Conference

Financial Planning Association (FPA) of Florida Board members Paul Auslander, Philip Herzberg, Kelben Holbrook, and Michael Zmistowski, attended the November 2 – 4, 2012 FPA Chapter Leaders Conference in Denver, Colorado. The annual gathering of FPA leaders from across the country provided unique learning opportunities to share best practices and prepare for a successful chapter year. - January 14, 2013 - Financial Planning Association of Florida

Forex-Metal Implements Automatic Withdrawals from Accounts

Forex-Metal has announced the first step towards the implementation of a new, fully automated withdrawal system that would allow instant withdrawals without any manual processing. - January 13, 2013 - Forex-Metal

Global Sawlog Prices Continued to Drop in the 3Q/12, with Prices in Europe Falling More Than 13% in 12 Months

Weaker lumber markets in Europe have reduced demand and prices for sawlogs on the continent this fall. Lower sawlog prices in both Europe and Latin America have resulted in an almost ten percent reduction in the Global Sawlog Price Index (GSPI) over the past 12 months, reports the Wood Resource Quarterly. Log prices in North America have been fairly stable in 2012. - January 12, 2013 - Wood Resources International LLC

NewLeaf Symbiotics Raises $7 Million in Series A Financing from RockPort Capital, Open Prairie Ventures and Pangaea Ventures

NewLeaf Symbiotics is an agricultural biotech firm that is commercializing a family of beneficial bacteria known as PPFMs (Pink Pigmented Facultative Methylotrophs). PPFMs are ubiquitous in nature and have been shown to improve plant health, promote early growth, and increase crop yield. - January 12, 2013 - BRDG Park

Title Loans Express Relocates for Easier Access and Great Parking Location

Title Loans Express relocated its main office to the heart of Phoenix to be accessed by customers easily. It also provides a great parking location. Phoenix Title Loans commits to serve its valued customers and make them feel more comfortable visiting and negotiating without worrying about its location. It will be an advantage for both the clients and the company itself as well. - January 11, 2013 - Title Loans Express

Texas Self Storage Association Announces New Member Benefit

Texas Self Storage Association (TSSA) members can start taking advantage of the association’s educational webinars at no additional cost effective January 1, 2013. - January 10, 2013 - Texas Self Storage Association

Bonding Agency Offers Bank Customers Deposit Protection as Feds Abandon Unlimited FDIC Insurance

Surety Advisors, LLC, an independent bonding and insurance agency, is offering private excess deposit insurance as an alternative replacement to the unlimited FDIC deposit protection instituted during the global financial crisis, renewed under Dodd-Frank and discontinued December 31, 2012. J. Mark... - January 09, 2013 - J.M. Strange & Company

BDA Advises on the Transaction Between Bohemia Interactive Simulations and the Riverside Company

Business Development Asia LLC (“BDA”) is pleased to announce that its client Bohemia Interactive Simulations s.r.o. (“BISim” or “Bohemia”) has partnered with the private equity firm The Riverside Company (“Riverside”), which has made a significant... - January 08, 2013 - BDA Partners Ltd

Goldman Sachs and Greystar to Acquire $1.5 Billion of Assets from Equity Residential

Greystar Real Estate Partners today announced that a joint venture between the company and the Real Estate Principal Investment Area of Goldman, Sachs & Co. has entered into an agreement to purchase a $1.5 billion portfolio of multifamily assets from Equity Residential (NYSE: EQR). The... - January 08, 2013 - Greystar

Spectrum Commercial Lending Closes 2012 Strong

Spectrum Commercial Lending, a non-bank California commercial lender announced that they provided financing for over $20M in commercial real estate projects for the month of December in 2012. - January 08, 2013 - Spectrum Commercial Lending

Alan J. Cicchetti Appointed to Director Position

Alan J. Cicchetti, former Deputy Commissioner, Connecticut Banking Department, has been appointed as Director of Agency Relations of Lenders Compliance Group and Executive Director of Brokers Compliance Group. - January 03, 2013 - Lenders Compliance Group, Inc.

Securities America’s Winters Wins FPA Nebraska Scholarship

Securities America’s margin, trading and cashiering manager, Aaron Winters, received a CFP® Scholarship from the Financial Planning Association of Nebraska. Winters joined Securities America in 2008, holds a bachelors degree in business administration and series 4, 7, 24, 53, 55 and 63 securities licenses. - January 02, 2013 - Securities America Inc.

BDA Advises Minor International on Acquisition of Riverside Casual Dining Chain in China

Strong-performing, US$2.4bn Thailand-based hospitality group extends China reach; Ambitious cross-border restaurant transaction initiated by BDA - December 28, 2012 - BDA Partners Ltd

FinancialForce.com Shortlisted for British Finance Awards 2013 – Software Product of the Year

FinancialForce, has been shortlisted as one of the finalists in the Software Product of the Year category of the British Finance awards 2013. - December 28, 2012 - FinancialForce.com

Forex-Metal Introduces Free Blackberry Trading Application

Forex-Metal has introduced free trading application for Blackberry smartphones. - December 27, 2012 - Forex-Metal

Whiz Kid's Book Advocates Community Colleges as Solution to Student Loans Crisis

Economists and business commentators are increasingly concerned about the high levels of debts carried by Americans. Danny Singh "Financial Whiz Kid" is not taking this issue lightly. - December 23, 2012 - Students' Finance Success

Aero & Marine Tax Professionals Helps Farming & Real Estate Business Obtain Sales Tax Exemption

Company Successfully Gets Sales & Use Tax Exemption on Purchase of New Citation Jet - December 23, 2012 - Aero & Marine Tax Professionals

Investment Company Gets Sales Tax Exemption on Newly Purchased Airplane

Aero & Marine Tax Professionals Assists Investment Company in Getting Sales Tax Exemption on Beechcraft King Air B200 Airplane - December 23, 2012 - Aero & Marine Tax Professionals

Poland’s Asset Under Management Exceed Euro 116 Billion in 1H 2012, Inteliace Research Reports

“The asset management sector in Poland is growing quickly at 14% p.a. despite the crisis. Total assets under management in Poland exceeded Euro 116 billion as of 1H2012. As confidence in the sustainability of the public pension system is eroding, the demand for voluntary pension saving is growing,” says Marcin Mazurek, director of Inteliace Research, at a presentation of Inteliace’s report, "Asset Management and Investment Funds in Poland." - December 22, 2012 - Inteliace Research

iOption and Faunus Analytics Introduce a Joint Project to Develop a Signal System for Binary Option Traders

iOption and Faunus Analytics Introduce a Joint Project to Develop a Signal System for Binary Option Traders

iOption Group and Faunus Analytics LLC announce a joint project to develop unique trading signals system for binary option trading. Faunus, LLC the leading provider of analytical and data-mining solutions for the financial industry, and iOption Group – the world’s leading binary options... - December 20, 2012 - iOption Ltd

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