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Galway-based Everyday Finance has succeeded in a High Court motion to be named the first claimant in a case related to security that was used by financier Peter Lavelle to raise loans from Anglo Irish Bank. The move was objected to by Capita, which is the trustee of a trust whose original beneficiaries were Mr Lavelle, his wife and children. In 2019, Everyday – which is owned by London-based Link Financial – acquired loans for which Mr Lavelle had provided interests in shopping malls in Bulgaria and Poland as security. Everyday acquired them from another firm called Stapleford Finance. Mr Lavelle borrowed money from the now defunct Anglo Irish Bank in 2006 and 2007 to invest in property deals promoted by Quinlan Private, which is now known as Avestus Capital Partners. ....
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Weekly roundup of people news, Jan 15 Capital Group names new Japan president; Robeco replaces Singapore chief; Hillhouse Capital hires ex-Blackstone MD; Vontobel expands EM debt team; HSBC Global AM names Apac ETF sales head; Manulife creates new digital business role; Stanchart names CIO for wealth management; TMF appoints fund services exec in Shanghai; and more. A new face at Capital Group: Tetsuya Koizumi has joined as head of its Japan business. CAPITAL GROUP NAMES NEW JAPAN PRESIDENT Capital Group has appointed Tetsuya Koizumi as president of its Japan business and head of the Japan client group, effective January 4. Thomas Quantrille was the previous president of Capital International Kabushiki Kaisha, Capital Group s Japan business. He retired from the post in end 2019. ....
Pinnacle Joins Forces with Crowe and Associates to Accelerate Growth in Serving Medicare Market AmeriLife Partnership Helps Pinnacle Expand Presence within Northeast News provided by Share this article Share this article CLEARWATER, Fla., Jan. 12, 2021 /PRNewswire/ Pinnacle Financial Services (Pinnacle), one of the largest full-service health, life, annuity and long-term care national marketing organizations, today announced its merger with Crowe and Associates, a field marketing organization (FMO) based in Brookfield, Conn. Terms of the transaction were not disclosed. We couldn t be more excited to welcome Ed Crowe and the team at Crowe and Associates to the Pinnacle family, said Kevin Shields, founder, President and CEO at Pinnacle. Our merger will help accelerate our combined growth, while strategically reinforcing our position within the Northeast as we further expand into the New England territory. ....
Luceco plc confirms that on 8 January 2021, Apex Financial Services (Trust Company) Limited, acting as trustee of the Luceco plc Employee Benefit Trust (the EBT ), purchased in the market a total of 16,073 Ordinary shares of nominal value 0.05 pence each in the capital of the Company at a price of £2.5809
per share. Immediately following settlement of the above transaction, the EBT will hold 6,692,436 Ordinary shares, representing 4.162% of the Company s issued share capital with voting rights. All shares held by the EBT will ultimately be used to satisfy share awards and options granted under the Company s various share incentive arrangements. The Executive Directors and Persons Discharging Managerial Responsibility of the Company, together with other employees, are included in the potential beneficiaries of the EBT and are therefore treated as having an interest in some of those shares and the dealings thereof. ....