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...Last week saw Southern Water downgraded by Fitch, citing challenges that included servicing its “high interest costs”....
...Diebold Nixdorf has also moved into producing self-service checkouts for shops, as well as servicing vehicle charging stations....
...The power management business recently appointed new chief digital and technology officers as it moves from traditional manufacturing of products to servicing smart homes and data centres....
...Roman Regelman, chief executive of BNY’s asset servicing business, said an increasing number of institutional investors were interested in cryptocurrency and there was growing regulatory clarity on how these...
...Japan Inc has domestic support to be more vocal on controversial issues, too....
...Despite the massive expansion in borrowing planned under the recovery fund, the cost of servicing the debt is comfortably covered by the potential extra contributions from top-rated member states such as...
...Servicing it became harder as gold prices later fell....
...Then, in January 2015, an “event of default” notice was sent to more than 100 MBS trusts which Ocwen was servicing, alleging improper behaviour and bringing the company to its knees....
...This will include things such as washing machines that order their own servicing and self-driving cars that can run freely through otherwise potential hazards such as crossroads because they are able to...
...And it basically makes money in two ways: it receives an origination fee for creating a loan and it receives an ongoing fee for servicing the loan....
...He was previously State Street’s head of ETF servicing in Europe....
...Earnest, a San Francisco-based student loans specialist, sold itself in October to Navient, the loan-servicing company, for $155m, or about 40 per cent of its peak valuation....
...Household net worth in the US is at an all-time high, according to Deutsche Bank research, with low debt servicing costs helping support finances....
...Boeing and Airbus are already encroaching on their suppliers, by moving into avionics, servicing and parts....
...Its results were the hit by the weakness of its division making and servicing equipment for the electricity industry, fuelling speculation that the group would have to cut its dividend, which sent its shares...
...Boeing of the US plans to strengthen its position in the lucrative after-market for servicing and parts, potentially in competition with some of its own suppliers....
...This would not only incentivize corps to stop hoarding cash, it might even decrease liquidity demand more generally....
...Since KKR, Bain Capital and Vornado Realty took the company private in a leveraged buyout in 2005, the company has spent more than $250m a year servicing some $5bn of long term debt....
...Carmakers have also formed partnerships with ride-hailing companies, which are best placed to operate a network or drivers servicing on-demand customers....
...It should not be forgotten that one of the key factors which dissuaded the NHS from properly maintaining its IT systems was the growing cost imposed by Microsoft for servicing software that it wanted to...
...Ron Leitch, senior vice-president of corporate development at Teleplan, a specialist electronics manufacturing and servicing company, says that HDR screens could appeal to companies that distribute movies...
...• Northern Trust, the US bank, has hired Ian Hamilton as manager of an asset-servicing sales team focused on pension funds and sovereign wealth investors in Europe, the Middle East and Africa....
...Among the gainers were oilfield servicing group Halliburton, which rose 4.8 per cent to $44.91, and pipeline operator Kinder Morgan, which gained 3.2 per cent to $18.57....
...Bank of America’s legacy assets and servicing division, for example, which was formed in the wake of the crisis to accommodate the bank’s toxic mortgage-related assets and non-core businesses, had litigation...
...During the year ended December 31, 2015, the Company earned $636,000 in servicing fees and $357,000 in management fees from this family of funds, and paid interest of $7.4 million to the family of funds....
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