May 19, 2024
Funds

Rep. Chu Secures $1.8 Million in Federal Funds for Pasadena – Pasadena Now

At Monday’s joint meeting of the Pasadena City Council and the Pasadena Board of Education, Congresswoman Judy Chu said the City would soon receive funds for two projects. “I’m thrilled to report that the City of Pasadena will soon be receiving a total of over $1.8 million in direct federal funding to support two important

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Property

Captive insurance industry news | Florida approves eight property and casualty insurers

The Florida Office of Insurance Regulation (OIR) has approved eight more property and casualty insurers to enter the state’s market. Ovation Home Insurance Exchange is the most recent company to be approved, followed by Manatee Insurance Exchange, Condo Owners Reciprocal Exchange and Orange Insurance Exchange. The list also includes Orion180 Select Insurance Company, Orion180 Insurance

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Finance

Securities finance people moves news

Fidelity Agency Lending has recruited Jill Rathgeber as vice president of product strategy. In her new role, Rathgeber will report to Justin Aldridge, head of agency lending for Fidelity Investments. Rathgeber joins the US-based financial services corporation from a decade at BNY Mellon, where she was most recently director of product and strategy. In this

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Finance

Securities finance industry news | BNP Paribas Securities Corporation joins LCH CDSClear

BNP Paribas Securities Corporation has joined LCH CDSClear as it expands its offering to the US market. The company is the first futures commission merchant (FCM) entity to join LCH CDSClear and has cleared the first US buy-side trade on the service. The partnership follows the expansion of LCH CDSClear’s client clearing services to US

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Investment

Indian real estate in 2023 saw highest investment inflows since 2020

In 2023, Indian real estate witnessed the highest level of investment inflows since 2020, according to real estate consultancy Colliers. These inflows in 2023 were $5.4 billion, 10 per cent higher as compared to 2022. In the sector, the office sector continued to be the most significant contributor for 2023 with a 56 per cent

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