UK wealth manager sold to DFM for £ 40million

New discretionary fund management firm Titan Wealth Holdings has acquired Tavistock Wealth for up to £ 40million ($ 56.6million, € 46.3million) in cash, along with an additional price over 10 years. Tavistock Wealth is a multi-asset manager with over £ 1 billion in funds under management. The merger and acquisition …

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Government and AIIB agree $ 500 million loan to improve capacity of Mumbai’s commuter rail network

The Center, Government of Maharashtra, Bombay Railway Vikas Corp. Ltd. and the Asian Infrastructure Investment Bank (AIIB) on Monday signed a $ 500 million loan agreement to improve the network capacity, quality of service and safety of the commuter rail system of Mumbai. The estimated total cost of the project …

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See if you qualify for a civil service loan forgiveness with this tool

Photo: SFIO CRACHO (Shutterstock) As the election approaches, the cancellation of student loans has become a popular topic. While some politicians have proposed student loan forgiveness, the current Public Service Loan forgiveness program (PSLF) has experienced some difficulties. Recently, the Ministry of Education published new data for its PSLF program …

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How businesses can apply for a second PPP loan

Sshopping mall businesses hardest hit by coronavirus pandemic may receive second forgivable loan under new stimulus Paycheque Protection Program. The application for “second draw” loans opens on January 13 for companies applying through a community financial institution. The SBA will accept applications from other lenders later in the week. Congress …

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World Bank approves $ 500 million education loan to Tanzania

DAR ES SALAAM, April 1 (Reuters) – The World Bank has approved a $ 500 million education loan to Tanzania after years of delay over concerns over the country’s policy of banning pregnant students public schools. The World Bank froze $ 1.7 billion in loans to Tanzania in 2018 following …

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Student loan payments: what you need to know for the rest of 2020

As of mid-March, the September 30 deadline for student debt relief outlined in the CARES Act may have seemed a long way off. Now that the date is fast approaching, what will happen to your student loans? The answer: relatively little. The Ministry of Education and its loan officers have …

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Resident provides personal data to fake loan company: Olmsted Falls Police Blotter

OLMSTED FALLS, Ohio Fraud: Sprague Road A resident contacted police on February 17 after calling a company she believed to be an education loan company about her school loan. She later learned that it was a scam. However, she gave the contact all of her personal information. The police asked …

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Southwest Airlines declines CARES Act loan as demand remains low

Loading Something is loading. Southwest Airlines will turn down a $ 2.8 billion federal government loan under the CARES Act. Airline management thinks they have enough liquidity in the form of cash and short-term investments, and potential future access to additional financing, to help it weather the COVID-19 crisis, according …

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Student Loan Repayment Plans: How to Choose the Right One for You

There are some things to consider when choosing a student loan repayment plan. (iStock) Many graduates struggle with the burden of student loan repayments, although some graduates face the more debt than others. If you’re one of the millions of Americans with federal student loans, student loans, or both, it’s …

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