Industry News

Empire State Realty Trust, Inc., a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that an affiliate of Qatar Investment Authority has acquired a 9.9% interest in the Company on a fully diluted basis through a new $622 million investment. John B. Kessler, Empire State Realty Trust's President and Chief Operating Officer, stated, "We welcome QIA as an ESRT shareholder and see their..."/>
Empire State Realty Trust Announces $622 Million Investment by Qatar Investment Authority
Triangle Capital Corporation, a leading provider of capital to lower middle market companies, today announced that its board of directors has declared a quarterly cash dividend of $0.45 per share. This is the Company’ s 39 th consecutive quarterly dividend since its initial public offering in February, 2007.. The Company’ s dividend will be payable as follows:."/>
Triangle Capital Corporation Announces Quarterly Cash Dividend of $0.45 Per Share
Royal Bank of Canada announced today that its board of directors declared an increase to its quarterly common share dividend of two cents per share, or two per cent, to 83 cents per share, payable on and after November 24, 2016, to common shareholders of record at the close of business on October 26, 2016.. The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after November 24, 2016, to shareholders of..."/>
Royal Bank of Canada Declares Dividends
Prudential Financial on August 25 will release findings from one of the largest-ever surveys of the financial experience and behaviors among Asian Americans and Pacific Islanders. Among the report’ s highlights:. The Asian American financial experience is influenced in almost every aspect by the importance of family There are notable differences between various Asian American subgroups surveyed in areas such as levels of income, types of debt and ownership..."/>
Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family
Royal Bank of Canada today reported record net income of $2,895 million for the third quarter ended July 31, 2016, up..."/>
Royal Bank of Canada Reports Record Third Quarter 2016 Results
Yintech Investment Holdings Limited, the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced its unaudited financial results for the quarter ended June 30, 2016.. For the second quarter of 2016, Yintech’ s customer trading volume was RMB414.3 billion, a 126.4% increase compared to the second quarter of 2015. Yintech generated net commissions and fees in an amount of..."/>
Yintech Reports Second Quarter 2016 Unaudited Financial Results
Yintech Investment Holdings Limited, the largest online provider of spot commodity trading services in China by customer trading volume in both 2014 and 2015, today announced that it has entered into a definitive agreement to acquire 100% equity interest in Gold Master Company Limited, which, through its subsidiaries, offers online spot commodity trading services to individual customers in China on the Shanghai Gold Exchange.."/>
Yintech to Acquire the Second Largest Online Provider of Spot Commodity Trading Services in China
GEO Group, Inc. concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com. No class has been certified in the above action."/>
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of The GEO Group, Inc. and Advises Investors with Losses to Contact the Firm
Retail Opportunity Investments Corp. will issue financial and operational results for the third quarter ended September 30, 2016 after the market closes on Tuesday, October 25, 2016. The Company will conduct a conference call and audio webcast on Wednesday, October 26, 2016 at 9:00 a.m. Eastern Time/ 6:00 a.m. Pacific Time.. To access the conference, dial 312-8783, or 940-3874 at least ten minutes prior to the scheduled start of the call."/>
Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call
Far East Consortium International Limited is delighted to announce that the Group has signed a contract to purchase a key section of the Western Australia Government's Perth City Link project. The mixed-use development located adjacent to the Perth Arena will deliver more than 350 residential apartments and 250 hotel rooms managed by Dorsett on two prime lots. It is a major project being undertaken by the Western Australian government to..."/>
FEC Appointed as the Developer for Key Perth City Link Site Mixed-use Development to Add to City Vibrancy
CNOOC Limited today announced its interim results for the six months ended June 30, 2016.. In the first half of the year, all businesses of the Company including exploration and development have made steady progress. Regarding exploration, the Company made six new discoveries and drilled 26 successful appraisal wells."/>
Cost Control Measures Achieve Remarkable Results Steady Progress in All Businesses in 1H 2016
Barclays Capital PLC had reached a joint settlement of $25.6 million, in..."/>
Wells Fargo, Barclays Capital settle for $25.6M in 38 Studios lawsuit [The Providence Journal, R.I.]
Reliance Capital Ltd on Tuesday said it has inducted Anmol Ambani, the eldest son of Anil Ambani, the promoter of the group, as an additional director. Reliance Capital said the induction was based on the recommendation by the nomination and compensation committee of the company's board, which largely comprised independent directors. Anmol Ambani, 24, is the elder of two siblings, and has been working in various financial services..."/>
BRIEF: Anil Ambani's son Jai Anmol joins Reliance Capital board [Mint, New Delhi]
State Bank of India on Wednesday said that its committee of directors for capital raising had authorised the bank to raise Rs.11, 100 crore worth additional Tier-I capital through issuance of Basel III-compliant perpetual debt instruments. In a notification to the stock exchanges, the bank said that these perpetual debt instruments will be issued in dollar or rupee terms through private placements to domestic and/or international investors, in as many..."/>
SBI plans to raise Rs11,100 crore through AT-1 bonds [Mint, New Delhi]
The AT-1 time-bomb in bank capital [Mint, New Delhi]
Piramal Enterprises partners with Bain Capital for stressed asset investment fund. Billionaire Ajay Piramal-led Piramal Enterprises Ltd on Tuesday said it is launching a $1 billion distressed asset investment platform in association with private equity fund Bain Capital Credit, reported Mint."/>
Deals Buzz: Piramal, Bain Capital to launch stressed asset investment fund [Mint, New Delhi]
Boston Herald The Ticker column [Boston Herald]
DCB Bank Ltd's IPO in October 2006 was subscribed 35 times, while Yes Bank Ltd's IPO in June 2005 was subscribed 29.13 times, according to..."/>
RBL Bank IPO closes, subscribed 69.57 times [Mint, New Delhi]
Yes Bank Ltd, on Tuesday launched seven credit cards together to boost its retail banking business in partnership with MasterCard. The cards come in two categories, where one is Yes Prosperity range under which there are five credit cards and the other is Yes First range under which there are two credit cards. The Yes First range is available for its high networth customers."/>
Yes Bank launches 7 credit cards [Mint, New Delhi]
Azrieli Group Ltd. is taking another step towards expanding its activity in the digital arena. The group today launched the Azrieli app, in which the group says it invested NIS 2 million. The app is designed first and foremost as a tool for increasing customer loyalty and movement of customers in Azrieli shopping malls in order to distinguish the Azrieli brand name and gain an advantage over Melisron Ltd. and..."/>
Azrieli launches shopping mall app in Israel [Globes, Tel Aviv, Israel]
Bajaj Finance Ltd have risen higher than that of top banks such as HDFC Bank Ltd. As such, the NBFC rally may have weaker legs from here on. Besides, the June quarter results of these companies were a mixed bag."/>
Valuations and growth quality are both a worry at NBFCs [Mint, New Delhi]
Piramal Enterprises Ltd on Tuesday said it is launching a $1 billion distressed asset investment platform in association with private equity fund Bain Capital Credit. "Once finalized, the platform will invest capital directly into businesses and/or acquire debt of such businesses to drive sensible restructurings. The sponsors believe that there is an over $1 billion investing opportunity in this space over the next few years, "..."/>
Piramal Enterprises announces stressed asset investment fund with Bain Capital [Mint, New Delhi]

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