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Former Cleveland Clinic CEO Toby Cosgrove, MD, Joins InnovaHealth Partners as Senior Advisor

Former Cleveland Clinic CEO Toby Cosgrove, MD, Joins InnovaHealth Partners as Senior Advisor

NEW YORK, Nov. 20 (Korea Bizwire) — Former Cleveland Clinic CEO, Delos M. “Toby” Cosgrove, MD, has joined InnovaHealth Partners (“InnovaHealth”) as Senior Advisor. Dr. Cosgrove was the Cleveland Clinic’s CEO and President from 2004 to May 2017 and now serves as an Executive Advisor, working on growth strategies with the Cleveland Clinic’s leadership. As [...]

Africa Finance Corporation Closes US$140 million Kimchi Term Loan Facility

Africa Finance Corporation Closes US$140 million Kimchi Term Loan Facility

LONDON, UK, Nov. 20 (Korea Bizwire) – Africa Finance Corporation (“AFC,” the “Corporation” or the “Borrower”), Shinhan Bank London Branch and South Africa’s Nedbank Limited, London Branch (both the “Bookrunner and Mandated Lead Arrangers” or the “BMLAs”) are pleased to announce the successful closing of AFC’s inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). The Facility [...]

Madison Realty Capital Provides $48 Million First Mortgage Loan for Office Development in Manhattan’s East Village

Madison Realty Capital Provides $48 Million First Mortgage Loan for Office Development in Manhattan’s East Village

NEW YORK, Nov. 15 (Korea Bizwire) — Madison Realty Capital (MRC) has provided a $48.0 million senior loan for the funding of a $79.1 million financing package for the development of a mixed-use office project at 3 St. Mark’s Place in Manhattan’s East Village neighborhood. Hana Financial Group, a leading South Korean financial services company, [...]

Imperial Capital Hires Mark Green as Head of Special Situations and Structured Credit

Imperial Capital Hires Mark Green as Head of Special Situations and Structured Credit

LOS ANGELES, Nov. 14 (Korea Bizwire) – Imperial Capital, LLC (“Imperial Capital”), today announced that Mark Green has joined the firm as the Head of Special Situations and Structured Credit.   Based in New York, Mr. Green will be responsible for expanding Imperial Capital’s credit sales, trading and investment banking efforts further through credit event-driven situations, structuring expertise [...]

Imperial Capital Hires Matthew Clinton and James Kenny to Co-Head its Global Emerging Markets Sales & Trading

Imperial Capital Hires Matthew Clinton and James Kenny to Co-Head its Global Emerging Markets Sales & Trading

LOS ANGELES, Nov. 12 (Korea Bizwire) – Imperial Capital Group, LLC (“Imperial Capital”), today announced a new leadership appointment with the hiring of industry veterans Matthew Clinton and James Kenny to oversee its Emerging Markets Sales & Trading Group.  Both will be based in Imperial Capital’s New York Office and will focus on growing Imperial Capital’s existing [...]

Ria Money Transfer Becomes Official Sponsor of Atlético de Madrid Football Club

Ria Money Transfer Becomes Official Sponsor of Atlético de Madrid Football Club

MADRID, Spain, Nov. 8 (Korea Bizwire) — Ria Money Transfer, subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT) and global leader in the money transfer industry, announced today a four-year partnership with Atlético de Madrid, becoming the club’s new back-of-shirt sponsor and official money transfer partner. Starting this season, the Ria-branded jersey will be used by [...]

Nasdaq Launches Artificial Intelligence for Surveillance Patterns on U.S. Stock Market

Nasdaq Launches Artificial Intelligence for Surveillance Patterns on U.S. Stock Market

NEW YORK, Nov. 7 (Korea Bizwire) – Nasdaq, Inc. today announced the successful go-live of artificial intelligence for surveillance patterns on The Nasdaq Stock Market, the world’s largest stock exchange by volume traded. Developed as a collaboration between Nasdaq’s Market Technology business, its Machine Intelligence Lab and the company’s U.S. market surveillance unit, the initiative enhances Nasdaq’s [...]

Nasdaq Increases Options Market Accessibility with Nasdaq Smart Options

Nasdaq Increases Options Market Accessibility with Nasdaq Smart Options

NEW YORK, Oct. 24 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced the launch of Nasdaq Smart Options, a service that allows for easier access to essential options market data. Nasdaq Smart Options provides a more manageable and less resource-intensive data feed from the U.S. options markets in real time, drawing the essential data from the [...]

AIR Worldwide Estimates Insured Losses for Typhoon Hagibis Will be Between USD 8 Billion and USD 16 Billion

AIR Worldwide Estimates Insured Losses for Typhoon Hagibis Will be Between USD 8 Billion and USD 16 Billion

Boston, Oct. 22 (Korea Bizwire) — Catastrophe risk modeling firm AIR Worldwide estimates that industry insured losses from Typhoon Hagibis, which made landfall in Japan on October 12, will be between JPY 865 billion (USD 8 billion) and JPY 1,730 billion (USD 16 billion), with more than half of the losses due to inland flooding. [...]