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Posts sent on: 2013-08-22

Aug222013

Atlas Air, Gilead Sciences and NYC Finance Department Named Pinnacle Award Finalists for Treasury Excellence








Maharashtra finance department launches austerity drive






Gilead Sciences' eight-member treasury team automated many manual processes, including multiple, unstandardized wire platforms. Along the way to improving real-time visibility into cash balances, the treasury team adopted new technology in less than eight months for more than 130 bank accounts in 30 countries with $2 billion in investments and $3.5 billion in foreign currency. The New York City Finance Department centralized data for bills and payments and improved speed, accuracy and customer service by creating the first city agency solely responsible for payments expertise, policy and procurement, providing guidance and services to agencies needing payment solutions.As the department developed fast, affordable and reliable electronic payments functionality to collect $49 billion of receipts generated by 36 individual agencies totaling 29 million individual payments, it also strengthened regulatory compliance. ABOUT AFP The Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. Headquartered outside Washington, DC, AFP sets the standards for the Certified Treasury Professional and Certified Corporate FP&A Professional credentials.















Maharashtra's debt burden on March 31, 2013 was Rs 2.46 lakh crore. It is estimated to balloon to Rs 2.7 lakh crore by March 31, 2014. The letter urged all departments to wake up to financial realities and recognize that the state has limited resources. It exhorted departments to undertake cost-cutting exercises to maintain fiscal balance. The instruction comes at a time when the Democratic Front government is facing flak for cost escalations in irrigation projects.




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Aug222013

Democrat Seeks Tea-Party Support in Campaign Finance Lawsuit








KKR Forms Maritime Finance Company






Outside political spending has exploded since the decision, as have the number of groups seeking 501(c)4 status. More than 3,200 groups sought the status in 2012, as opposed to 1,735 in 2010. Van Hollen said that his primary goal in the suit was campaign finance transparency, but he hoped that the suit's ancillary consequences could pull in allies from the opposite end of the political spectrum. Congressional Republicans have been outraged over the IRS's campaign finance role since the agency admitted earlier this year that some of its employees had used criteria that targeted tea-party groups seeking 501(c)4 status for closer scrutiny. Van Hollen rejected Republicans' claim that the IRS was engaged in politically motivated attacks, echoing Democrats' recent claims that liberal groups were also in the agency's crosshairs.








About MCS MerchCap Solutions (MCS) is a merchant banking enterprise that provides a full range of principal and agency-based capital markets services to mid-market and sponsor-backed companies. The company offers debt and equity underwriting, syndication and advisory solutions to its clients across the capital structure. The company also makes certain principal investments to support client capital raising needs. MCS is a venture between the Canada Pension Plan Investment Board, Stone Point Capital (through its Trident V fund) and KKR Capital Markets Holdings.







Consumer Finance Company Announces Open House Event in the Houston Area






Candidates must be able to use a personal vehicle. Salary: Individuals can earn up to $25,000 as a customer service representative and typically get promoted within 6-12 months. To learn more about a career with TMX Finance, visit TitleMax Careers today. About TMX Finance TMX Finance is one of the largest and fastest growing consumer finance companies in the United States. Our family of brands includes TitleMax, TitleBucks, EquityAuto Loan, Auto Cash, TMX Credit and InstaLoan.




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