wait for the pastebin!
here
HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing
FRANKFURT (Reuters) - Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission.
That marks a reduction from 7.64 percent of voting rights reported in the most recent filing in Germany.
HNA, even with the reduced holding, would remain one of the largest shareholders in Germany's largest lender.
Spokesmen for HNA in Germany and Deutche Bank declined to comment.
The SEC filing was published on Feb. 15 but the date of the reduction was Feb. 12.
HNA initially bought into Deutsche Bank in early 2017, amassing a stake of close to 10 percent. But it has since trimmed its stake in installments.
High debts at the conglomerate have fueled speculation about the future of its Deutsche stake as it reduces or exits some of its other holdings.
The fund C-Quadrat manages the stake on behalf of HNA, which has voting rights in Deutsche through a mix of ordinary shares and financial instruments.
HNA's interests in the bank are represented through a member sitting on Deutsche Bank's supervisory board.
Other major shareholders include the royal family of Qatar, BlackRock, and Cerberus.
https://www.marketscreener.com/DEUTSCHE-BANK-435694/news/HNA-cuts-stake-in-Deutsche-Bank-to-6-3-percent-SEC-filing-28022409/?countview=0
https://en.wikipedia.org/wiki/HNA_Group
peace for you and yours sa.
what was up with all those posts you had prior to posting your regular. usually this is the first o the day for ya
already stale
S. Koreans to sell Nippon Steel assets
Jiji Press TOKYO (Jiji Press) — A lawyer for South Korean plaintiffs in a wartime labor lawsuit filed against Nippon Steel & Sumitomo Metal Corp. said Friday that they will file for a local court order for the sale of Nippon Steel assets already seized by the plaintiffs’ side.
The lawyer made the remark in talks with reporters in Tokyo, after South Korea’s Supreme Court ordered the major Japanese steelmaker on Oct. 30 last year to pay compensation to the plaintiffs, who were requisitioned to work for a predecessor of the firm in Japan during World War II, when the Korean Peninsula was under Japan’s colonial rule.
The plaintiffs’ side seized Nippon Steel’s holdings of shares in Posco-Nippon Steel RHF Joint Venture Co. (PNR), which was set up by Nippon Steel and major South Korean steelmaker Posco, after Nippon Steel rejected talks with the plaintiffs following the top court ruling. Earlier on Friday, the plaintiffs’ side visited Nippon Steel’s headquarters in Tokyo’s Chiyoda Ward to make a fresh request for talks between the two sides. But the company again refused to accept the request.
http://the-japan-news.com/news/article/0005548473
an anon actually drove down to the port and snapped a few pics, posted them and then bailed. <3
the webcam on the long beach port was offline at same time.
not mine. was one of the first things i pulled out of here early last year.
chek'd
Goldman Sachs : Ex-Goldman Banker in 1MDB Case Yields on U.S. Extradition – Update
KUALA LUMPUR, Malaysia–A former Goldman Sachs Group Inc. banker has agreed to be extradited to the U.S. from Malaysia to contest charges over one of the world's largest financial scandals, his lawyer said.
Malaysian citizen Roger Ng is accused of aiding his boss, Tim Leissner–then Goldman's head of Southeast Asia–in siphoning off billions of dollars from Malaysian state investment fund 1Malaysia Development Bhd., or 1MDB. Mr. Leissner pleaded guilty in the U.S. last year to conspiring to launder money and violate laws against bribery of foreign officials.
"As we have said all along, we are outraged that any employee of the firm would undertake the actions detailed in the government's charges," a Goldman spokesman said Friday.
In early November U.S. prosecutors indicted Mr. Ng and another Malaysian, the financier Jho Low– alleged mastermind of the 1MDB fraud–on three counts of conspiring to violate foreign-antibribery laws and launder money. Mr. Ng, who is 51 years old, was later arrested at the request of U.S. authorities, and is in custody.
Mr. Ng has fought extradition, but in a routine session in a Kuala Lumpur court on Friday, his lawyer, Tan Hock Chuan, said his client had agreed to go to the U.S. to be tried in federal court in the Eastern District of New York.
https://www.marketscreener.com/GOLDMAN-SACHS-GROUP-12831/news/Goldman-Sachs-Ex-Goldman-Banker-in-1MDB-Case-Yields-on-U-S-Extradition-Update-28019428/