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Resumen semanal del mercado bursátil #28May

Resumen semanal del mercado bursátil #28May
elimpulso.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elimpulso.com Daily Mail and Mail on Sunday newspapers.

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Brexit troubles provide backdrop for supply chain problems solvable by blockchain technology – Bankless Times

Brexit troubles provide backdrop for supply chain problems solvable by blockchain technology
For all of the trouble Brexit is causing for businesses both inside and outside the United Kingdom, not to mention poor Theresa May, it also provides a backdrop for industry to ask key questions and to learn lessons from this process that can help improve processes down the road.
One of those questions is how we can improve supply chains to make them less susceptible to disruption. One of the groups asking that question is R3, an enterprise blockchain software firm working with more than 300 members and partners. R3 believes solutions lie in blockchain technology. ....

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CIT Provides $35.7 Million Financing for Brooklyn Apartment Development

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NEW YORK, May 13, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $35.7 million in financing for the construction of a new 17-story multifamily development in the Clinton Hill section of Brooklyn.
The building, which will house 138 mixed-income rental units, is located at 230 Classon Avenue, on the corner of Willoughby Avenue in Clinton Hill. The one- and two-bedroom units will all have balconies and 30% of the units will be offered as affordable income rentals.
We are confident in New York City s resiliency and persistent need for new housing, said Tyler Wilkins, Partner of Quinlan Development Group. We appreciated CIT s deep knowledge of the New York real estate market and its expertise in arranging this financing. ....

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Investegate |Secure Trust BankPLC Announcements | Secure Trust BankPLC: Trading Statement

New Business
Total new business lending increased by 2.4% in the quarter and 7.1% compared to Q1 2020. Volumes reflected a combination of lower activity due to the continuation of lockdowns and the commencement of a phased return to pre-pandemic lending criteria in Motor Finance.
Lending
The loan book contracted by 1%. Business Finance and Consumer Finance combined lending remained static, with the reduction predominately a result of the amortisation of the closed Asset Finance and Consumer Mortgage books. Credit performance remained benign.
Deposits
Customer deposits continue to be managed in line with funding requirements and effective management of the product mix contributed to a further reduction in the cost of funds. ....

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Together hires Clarke as chief operating officer

Together hires Clarke as chief operating officer
By
Roger Baird
10
th May 2021
2:56 pm
Specialist lender Together has hired Darren Clarke as the group’s Commercial Finance chief operating officer.
The Cheshire-based firm says industry veteran Clarke “will have responsibility for the lender’s Commercial Finance operational processes and infrastructure to support its ambitious growth strategy”.
Clarke joins from Letchworth-based Redwood Bank, where he worked as director of operations for the challenger since its launch in 2017, providing funding for small and medium-sized businesses.
Prior to that, Darren held positions in retail banking and commercial finance during a 20-year career at HSBC before joining Santander where he led business banking transformation, among other roles. ....

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