After a series of high-profile data breaches at both financial and non-financial companies, regulators are increasingly highlighting the need for funds’ ongoing efforts to prevent and respond to hacking events. Amid this added scrutiny, fund managers will be expected to stay informed of their responsibilities and ensure they are in compliance. The issue of cybersecurity has been in the headlines in 2015 following data breaches involving several nationwide retailers and retail banks. The investment sector has also been affected, including the...

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Executives cautious as M&A deal value rises but the number of deals decreases • Deal value has risen by 17% for the first half of the year while the volume of deals for the first half of 2015 dropped by 14% compared to last year • European M&A market remains attractive to foreign acquirers • Respondents believe private equity is now the most available source of financing • The TMC sector has overtaken Industrials and Chemicals as the most sought after this year M&A...

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KINGDOM OF SWEDEN / KONUNGARIKET SVERIGE -  Country Overview: Location: Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway Size: 450,295 sq km Population: 9,747,355 (2014 est.) Capital: Stockholm Exports-commodities: machinery, motor vehicles, paper products, pulp and wood, iron and steel products, chemicals, hydropower Imports-commodities: machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs, clothing Currency: Swedish Kronor (SEK) Ethnic groups: Swedes with Finnish and Sami minorities; foreign and first-generation immigrants: Finns, Yugoslavs, Danes, Norwegians, Greeks, Turks Religion: Lutheran...

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GRANITO is pleased to announce its continued support of the Bellisario Foundation, the most important network of female leaders in Italy, at its upcoming event on October 2nd and 3rd in Milan. Hosted at EXPO 2015, the event will focus on women's contribution to scientific research connected with EXPO's leading theme. Under the guidance of its visionary President, the Hon. Lella Golfo, the Bellisario Foundation continues to support and promote professional and entrepreneurial female leaders in influencing and contributing to the world around them. GRANITO welcomes women to join...

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CMBS loan liquidation volume rose back above $1 billion after lower summertime totals in July and August. In total, $1.02 billion across 70 loans were liquidated with losses in September. The majority of the increase can be attributed to the jump in average loan size to $14.56 million, up from $11.48 and $9.44 million in August and July respectively. Seven loans totaling $55.67 million took 100%+ losses, three of which were relatively small B notes. 1604 Broadway, a $25.70 million retail...

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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a components manufacturer in Germany. The client, a manufacturer of machinery components for power plants and energy suppliers, anticipates an annual factored volume of $10MM-$12MM. With this new export factoring facility in place, the client will continue to focus on their growing exports within the European Union. The DS-Concept Group maintains a network of offices and affiliates all over the world, including...

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The IIE-AIFS Foundation Generation Study Abroad Enrichment Grants Program recognizes U.S. secondary-level teachers who have shown to be outstanding advocates for study abroad. The program is a professional development opportunity for teachers who have taken the Generation Study Abroad pledge to prepare their students for global citizenship and study abroad. Fifty enrichment grants of $1,000 each are available to teachers to conduct any learning activity in the United States or abroad that enhances their international outlook and global experience. About...

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Those of us who believe in freedom and free markets must defend Brussels from the Euroskeptic onslaught. If the number of tasteless analogies is any indication, few things make for targets of conservatives’ disdain like the European Union. In a speech to the European Parliament in 2009, Vaclav Klaus, then the climate-change-denying president of the Czech Republic, celebrated in free market circles for the radical economic reforms he put in place in the early 1990s, comparedthe EU to the Soviet empire....

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Granito is proud to announce the newest additions to the racing fleet of Dream Racing on the Las Vegas Motor Speedway. The Porsche 911 GT Race Car now stands beside the rest of the fleet, some of which can be seen below. In addition, the actual 750 hp Caterham CT01 F1 car driven by Heikki Kovalainen in 2012 is on display in the simulator room. Granito compliments Dream Racing for the new car racing experiences now available on the track and its continuation of 3D-simulator...

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U.S. Citizenship and Immigration Services and the U.S. State Department have announced significant changes to make it possible for eligible employer-sponsored foreign nationals to file applications for adjustment of status to permanent residence before an immigrant visa number becomes available. The new changes establish a separate priority date list for the filing of adjustment of status applications, as well as a separate list for when adjustment cases can be approved. In October 2015, for example, USCIS will accept adjustment of status applications from Indian...

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