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Capital Assured Announces Strategic Partnership with Florida Lifestyle and Business Exhibition in Dubai

Real estate investment, management and development firm Capital Assured is to become the strategic partner for the Florida Dubai Link: Lifestyle and Business Exhibition in Dubai, September 6-7th 2015.    With a new direct daily flight between Duba...

FINRA probes Merrill over anti-money laundering compliance: source

Wall Street's self-regulatory body has been probing Bank of America Merrill Lynch over its failure to detect the activities of a former financial adviser, who pleaded guilty to helping a client cover up an insider-trading scheme and launder the proceeds, said a source familiar with the matter....


Citigroup to pay $15 million to settle U.S. compliance charges

A unit of Citigroup Inc (C.N) will pay $15 million to settle civil charges alleging it failed to enforce policies designed to prevent and detect insider trading, U.S. regulators said. Wednesday's settlement with the Securities and Exchange Commission marks the second time this week that Citigroup has been dinged for regulatory failures. Earlier this week, two units of the bank also agree...

Bank of NY Mellon sued by U.S. regulator over $2 billion in soured mortgages

A U.S. regulator sued Bank of New York Mellon Corp (BK.N) on Wednesday over $2.06 billion in residential mortgage-backed securities purchased by a failed Texas bank, and accused it of breaching its duties as bond trustee to protect investors. In a complaint filed in Manhattan federal court, the Federal Deposit Insurance Corp, which sued in its capacity as receiver for the former Guaranty Bank,...

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JetEdge International announced $150M investment from KKR

JetEdge and KKR, a leading global investment firm, announced that credit funds and accounts managed by KKR have agreed to provide a credit facility of up to $150 million to Jet Edge. The funding will...

AELIS Group signs a Letter of Intent with AURA AERO for the purchase of 10 INTEGRAL E

AELIS Group, the aviation financing and leasing specialist, has just signed a Letter of Intent for the purchase of ten INTEGRAL E aircraft and an optional ten extra aircraft. Headquartered i...

Q1 2021 at Riga Airport - 108 thousand passengers & turnover of EUR 4.3 Million

According to the Airport's unaudited interim report for the first quarter of the year, the impact of the Covid-19 pandemic on the operation of Riga Airport in the first quarter of 2021 remained hi...

World largest eVTOL aircraft order

Avolon and Vertical Aerospace announced a ground-breaking US$2 billion order for up to 500 electric eVTOL aircraft. This agreement, which is subject to certain closing conditions, will intro...

CDB Aviation agrees first-ever lease for two A330-300 P2F aircraft with Mexico MasAir

CDB Aviation and its newest customer in the Americas, Mexico-based MasAir, have agreed to a long-term lease for two A330-300 P2F, marking the lessor’s first leasing transaction with an airline o...

Safran acquires stake in SkyFive, a leading provider of high-speed broadband In-Flight Connectivity

Safran announces that its fund, Safran Corporate Ventures, has invested in SkyFive as part of the company’s Series A investment round. The investment round was led by Safran Corporate Ventures t...

To capture strong demand for dedicated freighter aircraft ST Engineering and Temasek to set up JV

ST Engineering announced that its wholly-owned aviation asset management unit has entered into an agreement with Temasek to set up a 50-50 joint venture  for freighter aircraft leasing. The...