Sentences with phrase «billion in assets by»

Zions Bancorporation, which has amassed $ 54 billion in assets by acquiring community banks in 11 states in the West and Southwest, from Arizona to Wyoming, is now working to standardize fees for services from checking to foreign exchange.

Not exact matches

Emerging markets - focused bond mutual and ETF funds have only increased their assets by 1.72 percent in 2014, according to data from Morningstar, and manage just $ 86 billion.

The US$ 85 billion in monthly asset purchases by the central bank have helped keep rates low and supported strong gains on stock markets.

When the Bitcoin price peaked at $ 20,000 in December, the value of Mt. Gox's assets (by then including Bitcoin derivatives such as Bitcoin Cash) ballooned to $ 4.4 billion — nearly 10 times the amount Mt. Gox said it lost in the first place.

In April a 40 % stake in its parent, Glencore Agriculture Products, was quietly repatriated by the Canada Pension Plan Investment Board for US$ 2.5 billion as Glencore shed assets to pay down debIn April a 40 % stake in its parent, Glencore Agriculture Products, was quietly repatriated by the Canada Pension Plan Investment Board for US$ 2.5 billion as Glencore shed assets to pay down debin its parent, Glencore Agriculture Products, was quietly repatriated by the Canada Pension Plan Investment Board for US$ 2.5 billion as Glencore shed assets to pay down debt.

Direxion's iBillionaire Index ETF is barely five weeks old and holds only $ 35 million in assets, but it's generated buzz by investing in 30 companies chosen from the portfolios of asset managers with personal net worth of $ 1 billion or more.

Since joining in 2009, Sabia has grown the provincial pension fund's asset base by $ 130 billion.

Barrick plans to eliminate $ 3 billion in debt by the end of the year through asset sales and partnerships, and by using its free cash flow.

TD Ameritrade beat on the top line with $ 22 billion in net new client assets, but missed on the bottom line by $ 0.01 The firm also reported 943,000 client trades per day, beating the 931,000 Wall Street projected.

By October, they had finalized a deal for Canoe, which had $ 3 billion in assets at the time, to purchase the management contracts for the O'Leary family of funds.

The retirement system, which oversees more than $ 350 billion, sent requests for information in December to a group of asset managers seeking a «strategic partnership» for its private equity portfolio, according to a document released by Calpers.

By the time he handed daily operations of the company to his sons in 1996, Desmarais had seen Power's assets increase to $ 2.7 billion, from $ 165 million.

It is the latest in a series of setbacks for 1MDB, which has been offloading assets to cut a debt load that ballooned to more than $ 11 billion by 2015.

China Oceanwide Holdings Group has agreed to buy U.S. insurer Genworth Financial for $ 2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

The fund is undergoing a «rationalization» program, launched in May, to reduce its debt of more than $ 11 billion by selling assets.

His own firm is currently in the process of merging with domestic rival Standard Life to create an # 11 billion asset management giant, described by Gilbert as a «financial powerhouse».

A Reuters report on Friday, however, countered by reporting the buyout groups are only interested in purchasing some of HPE's software assets — not the whole company — in a deal worth $ 6 billion to $ 8 billion.

JBS, which paid $ 1.5 billion from Moy Park two years ago, is near completing an asset sale plan unleashed by the Batistas» admission to bribing 1,893 politicians in Brazil.

RadioShack, with 21,000 employees, $ 1.2 billion of assets and $ 1.39 billion of debts according to court papers, said it also has an agreement with a lender group led by DW Partners for a $ 285 million loan to operate in bankruptcy.

Chevron's total oil assets in Brazil are estimated to be worth around $ 4.1 billion, according to an analysis conducted by Barclays.

LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.

The SAFE said that of the 2015 drop in foreign exchange reserves, $ 342.3 billion was due to trade and investment transactions while $ 170.3 billion was caused by currency and asset price changes.

Even by spinning off $ 20 billion in assets, GE apparently can't move fast enough to preserve the dividends that millions of retired Americans depend upon to maintain their standard of living.

Meanwhile, The Rockefeller Foundation, founded in 1913 by John D. Rockefeller, Sr., to «promote the well - being» of humanity, reported nearly $ 4.1 billion in assets last year.

The proposed combination has been further complicated by Fox's agreement to sell many of its TV and film assets to Walt Disney Co, including its stake in Sky, for $ 52 billion.

Its new Vanguard Personal Advisor Services — low - cost financial guidance provided by an online «robo» platform and a pool of 450 human certified financial planners — launched in May 2015 and, with $ 47 billion in assets, has easily surpassed trendy fintech startups like Betterment and Wealthfront.

The committee was set up by the major institutional investors to salvage about $ 32 billion invested in a type of short - term note, commonly called asset - backed commercial paper, that couldn't be redeemed.

The company will also consider divesting some nonstrategic assets, by which it said it could generate $ 1 billion or more in cash.

The fund, which in London is led by Singer's son Gordon, manages $ 35 billion in assets, dwarfing European rivals, like TCI Fund Management, with $ 17.5 billion, and Cevian Capital, with assets of more than 13 billion euros ($ 15.6 billion).

The company's long - dormant international business has recently come alive as well, increasing in size by 66 % since 2010, to $ 234 billion in assets.

With over 100,000 customers and $ 2.5 billion in assets under management, Betterment's technology solutions are redefining wealth management in the US by crafting personalized portfolios for clients in exchange for a small fee.

GE's new CEO, John Flannery, announced plans this October to unload $ 20 billion in assets of the ailing conglomerate, in a sale that may include two of its oldest divisions: transportation, and the remainder of the lighting business started by Thomas Edison.

Goldman, for instance, ranks as the fifth largest bank in the nation by assets, with $ 868 billion.

HSBC, the largest bank in Europe by assets, announced last week a 141.4 percent jump in reported pre-tax profit to $ 17.17 billion in the year 2017.

With assets of up to $ 1 billion, the athletic gear retailer will land in the seventh spot in a tally led by Circuit City, Linens & Things, and General Atlantic & Pacific Tea (A&P).

The firm co-founded by Blair Effron and Robert Pruzan advised Express Scripts in its sale to Cigna and Thomson Reuters in the $ 17 billion sale of the majority of its financial and risk assets to Blackstone.

In 2007 Mulally borrowed $ 23.6 billion by mortgaging all of Ford's assets, including the famous Ford Blue Oval, and acted decisively to focus on the Ford brand by spinning off Jaguar and Land Rover.

The paper finds that the share of total assets controlled by banks with less than $ 10 billion in assets has shrunk twice as fast since Dodd - Frank was put into effect.

The acquisition price implies a total equity value of approximately $ 52.4 billion and a total transaction value of approximately $ 66.1 billion (in each case based on the stated exchange ratio assuming no adjustment) for the business to be acquired by Disney, which includes consolidated assets along with a number of equity investments.

This summer, the Justice Department took the first public steps toward seizing $ 1 billion in assets that it says were moved to the United States after being taken from 1MDB by family and friends of Mr. Najib, the prime minister.

A C$ 3.6 billion bid by New Zealand's Fletcher Challenge to acquire Fletcher Challenge Canada's pulp and paper assets has been scuppered by Canadian minority shareholders, only nine percent of whom voted in favour of the plan.

DUBAI Royal Dutch Shell is fully committed to its gas joint venture in Iraq, after the energy major exited its oil assets in the OPEC country, and plans to boost its gas output there to 1.4 billion cubic feet (bcf) a day by 2020, a senior executive said.

First, by the end of 2014, following the large - scale asset purchase programs, the Federal Reserve balance sheet was funded by about $ 3.1 trillion in liabilities other than Federal Reserve notes, which were mostly in the form of reserves in excess of the amount banks were required to hold; in contrast, there were only $ 64 billion of non-Federal Reserve note liabilities in June 2007, of which only about $ 2 billion were excess reserves.

Because of the Durbin amendment, as of October 1, 2011, debit interchange is capped for transactions (21 cents, plus 5 basis points -LRB-.05 %), plus an additional penny for issuers that qualify for fraud) for debit cards issued by banks and credit unions with $ 10 billion in assets or more.

According to a recent report by Barclays Capital, commodity assets under management climbed above US$ 400 billion for the first time ever in March.

This year the Conservative government approved the sale of $ 1.9 billion in oil sands assets to two companies controlled by the Chinese government.

Most of the asset - backed securities in the dataset are underpinned by residential mortgages, covering around $ 400 billion of mortgages or about one - quarter of the total value of housing loans in Australia.

A recent report from Hedge Fund Research shows that approximately 69 % of hedge fund assets are controlled by firms with over $ 5 billion in assets under management and 91 % are controlled by those with more than $ 1 billion in assets.

GDX has around $ 6 billion in assets under management and a very weak yield of 0.60 %, driven partly by the extremely frail balance sheets of the constituents of its underlying index.

The major issuers in this market are asset - backed issuers (with $ 20 billion outstanding), followed by financial institutions ($ 17 billion), corporates ($ 11 billion) and non-residents ($ 7 billion).