GE continues to grow and extend its finance portfolio. GE has officially agreed to an $8.5 billion deal in the sale of its healthcare finance unit with Capital One. As you already know Capital One is one of the most successful banks in the US as well as one of the fastest growing.
The deal is set to have Capital One pay a 6% premium to the value of the unit’s loans in order to acquire the business. This move will help Capital One become a major contender in the commercial bank space. The healthcare unit provides specialized financing to companies, developers, investors, and many sectors within the industry including hospitals and medical device organizations. Read more →
In regards to bond markets, one thing has been growing in popularity and in the newspapers, that one thing is liquidity. Investors, traders, and regulators are now constantly thinking about the ability to trade fixed-income securities without affecting prices too much. There are however plenty of people that disagree with the liquidity issue in this situation.
According to new regulations that have been enacted, it has become more and more difficult and expensive for banks to hold bolds on their balance sheets. It is also expensive and difficult to facilitate trades for their clients in certain areas, but the major growth of the investors that would and do buy these types of assets is another factor to consider. Read more →
Deciding on when you will retire, where you will retire, and how much money you need for retirement is one of the biggest decisions of your life. You want to feel confident in your finances and the plan you have worked out for yourself. Retirement is a time for relaxing and doing some of the thing syou couldn’t years before due to your hectic work schedule or any number of reasons. The list below details a few applications and websites that allow you to properly and accurately track your money in real time so that during your retirement everything can move according to plan. Read more →