Latest News for: Union asset management

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Budweiser Events Center to undergo name change in fall 2023

The Tribune Greeley 03 Feb 2023
Blue Federal Credit Union has acquired the naming rights for the events center, located at 5290 Arena Circle, Loveland, and will rename it as the Blue Arena. The credit union has been a steady staple in communities across Colorado and Wyoming for more than 70 years, serving 115,000 members worldwide and managing more than $1.8 billion in assets.
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Vista Land issues P2.9B in fresh corporate notes

The Manila Times 03 Feb 2023
China Banking Corp.-Trust and Asset Management Group was selected as the facility agent for the transaction and VLL's subsidiaries, namely Brittany Corp., Crown Asia Properties Inc., Camella Homes Inc., Communities Philippines Inc., Vista Residences Inc.
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Asset managers, banks call on EU to cost plans to grab euro clearing from London

Reuters 02 Feb 2023
LONDON, Feb 2 (Reuters) - Asset managers, hedge funds and banks on Thursday called on the European Union to properly cost its plans to force market participants to shift derivatives clearing business from London to mandatory accounts in the bloc.
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TrueNorth Welcomes Cyrus Taheri to its Advisory Team

Maryville Daily Forum 02 Feb 2023
TrueNorth's unique Team Captain client-focused process enables its most senior engineers to navigate and apply the latest technologies to develop and integrate cutting-edge digital solutions for neobanks, payment platforms, lending firms, banks, credit unions, and asset management firms.
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PNC PRIVATE BANK HAWTHORN'S INSTITUTE FOR FAMILY SUCCESS BRINGS IN NEW LEADERSHIP, ADDED EXPERTISE

Victoria Advocate 01 Feb 2023
The PNC Asset Management Group offers personal asset management for high and ultra-high net worth individuals and families and institutional asset management services to corporations, healthcare systems, insurance companies, unions, municipalities and nonprofits. For more information about PNC Asset Management Group, visit www.pnc.com.
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Govt takes ‘pragmatic’ view on disinvestment targets

Live Mint 01 Feb 2023
“Disinvestment is based on market conditions and other factors, therefore a practical and prudent target has been kept,” Tuhin Kanta Pandey, secretary, department of investment and public asset management (DIPAM) said during the finance minister’s press conference on Wednesday, after the union budget presentation.
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Coal India, Britannia, ACC, Godrej Consumer Products, RailTel, auto stocks in focus on Budget 2023 day

Financial Express 01 Feb 2023
Company’s net profit nearly tripled on-year in the December quarter due to a growth in its assets under management (AUM) ... Timken India, UTI Asset Management Company, Whirlpool of India, and Zuari Agro Chemicals stocks to be in focus ahead of quarterly earnings on February 1.
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Budget 2023: Want to add positions, banks are the best bet, says Sunil Singhania

The Times of India 01 Feb 2023
“We still have to read the fine prints but the way it was presented first on fiscal prudence, second on the corporate side, third on the structural side and then on the personal taxation side, we could not have asked for more,” says Sunil Singhania, Founder, Abakkus Asset Manager LLP, talking to ET Now after the announcement of Budget 2023.
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India Budget 2023: Here's what the experts say

Reuters 01 Feb 2023
"The Union Budget was pragmatic, considering that the government has a tight rope between managing fiscal deficit and giving some relief to residents from high inflation ... Overall, it would leave more people with extra money in their hands and a smile on their faces."CHIRAG MEHTA, CHIEF INVESTMENT OFFICER, QUANTUM ASSET MANAGEMENT, MUMBAI.
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Shriram Finance’s net profit triples on strong AUM in Dec quarter

Financial Express 31 Jan 2023
Shriram Finance’s net profit nearly tripled year-on-year (y-o-y) in the December quarter due to a growth in its assets under management (AUM). This is the financier’s first earnings disclosure after Shriram City Union Finance’s merger with Shriram Transport Finance in November.
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Medallion taxi drivers relief from debt

The Villager 31 Jan 2023
On Wednesday, Jan ... The initial agreement with Marblegate Asset Management and the TLC also included other partners such as Pentagon Federal Credit Union (PenFed) ... Marblegate Asset Management, Chief Investment Officer, Andrew Milgram, commended everyone who played a role in finalizing the agreement ... ....
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Union Budget 2023-24: How budget impacts the stock market

DNA India 30 Jan 2023
The departments that are involved in the making of the Union Budget are – Union Ministries; Financial Ministry departments like the Department of Economic Affairs, Department of Expenditure, Department of Revenue, Department of Investment and Public Asset Management (DIPAM) ...
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UK fund sustainability rules head for EU clash, asset managers say

Reuters 26 Jan 2023
LONDON, Jan 26 (Reuters) - Britain's plans to regulate the way asset managers label sustainable investment funds would exclude many existing funds and clash with European Union requirements, the Investment Association (IA) said on Thursday ... Asset managers in Britain, which ...
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Western Union Appoints Matthew Cagwin as Chief Financial Officer

The Galveston Daily News 25 Jan 2023
The Western Union Company (NYSE ...Matt is a talented finance executive with broad knowledge of payments and financial service,” said Devin McGranahan, President and Chief Executive Officer of Western Union ... About Western Union ... PROFESSIONAL SERVICES PAYMENTS TECHNOLOGY FINANCE BANKING DIGITAL CASH MANAGEMENT/DIGITAL ASSETS ... The Western Union Company.
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Invesco Mutual Fund buys stake in these 2 PSU banking stocks. Buy, sell or hold?

Live Mint 21 Jan 2023
Invesco Mutual Fund has bought fresh stake in two state-owned banks — Bank of India and Union Bank of India in December 2022. As per the shareholding data of the asset management company (AMC) as on 31st December 2022, Invesco Mutual Fund bought 50,56,061 Bank of India shares, which is 0.12 per cent of total paid up capital of the PSU bank.

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