Kennedys’ turnover surges 31% after year of mergers
A 31 per cent rise in turnover at Kennedys saw the firm's global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m.
U.S. new-home sales fell 1.7% in July –
WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…
China’s August Trade Surplus With US Hits Record $31 Billion
China has retaliated to the US tariffs on $50 billion in Chinese imports with an equal amount of import taxes on US goods
J.P. Morgan To Merge Two Banks In Europe; Boost Presence In...
J.P. Morgan Chase & Co. (JPM) on Tuesday announced corporate restructuring plans that will establish a significant Wealth Management business operation in Luxembourg and also enhance capabilities in divisions of its Corporate & Investment Bank - Treasury Services and Custody & Fund Services.
LaSalle to enter U.S. debt market with acquisition –
LaSalle Investment Management, an arm of Jones Lang LaSalle Inc., is betting big on U.S. commercial real estate debt. LaSalle is acquiring a majority stake in Latitude Management Real Estate Invest…
McKinsey Settles With US DoJ Over Bankruptcy Disclosures
McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.
Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its...
Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO.
Wells Fargo To Pay $575 Mln Fine To US States Over...
Banking giant Wells Fargo agreed to pay $575 million to settle state-level claims for deceiving consumers. The third largest bank admitted that it systematically scammed its customers for 15 years, from 2002 to 2017.
Jones Lang LaSalle to buy capital markets services provider HFF for...
Real estate services provider Jones Lang LaSalle Inc said on Tuesday it will buy capital markets services provider HFF Inc in a cash-and-stock deal valued at about $2 billion.
Morgan Stanley Q4 Results Miss Estimates – Quick Facts
Morgan Stanley (MS) on Thursday reported fourth-quarter net income applicable to the company's shareholders of $1.36 billion or $0.80 per share, up sharply from $473 million or $0.