Barclays Finance Chief Resigns Earlier on Health Reasons

Divestment is Continuation of ING’s Strategy to Manage Down U.S. Property-Lending Business as Company Sharpens Focus of Real Estate Finance Platform NEW YORK, Aug. 16, 2013 /PRNewswire via COMTEX/ — ING Real Estate Finance (USA) LLC announced today that it has reached an agreement to sell 29 of its real estate loans in the U.S. with a total outstanding balance of USD 1.6 billion (EUR 1.19 billion at current exchange rates) to Wells Fargo Bank, N.A. The attractive terms reflect the quality of the portfolio, which consists entirely of performing loans and represents approximately 50 percent of ING Real Estate Finance’s total U.S.

Colorado school finance initiative hits snag on way to the ballot

Peter Estlin, group financial controller, will be acting chief financial officer until Oct. 15, when Tushar Morzaria, 44, will take over the post . Whilst I am saddened that his health has forced this decision on him sooner than either of us would have wished, I respect his decision and wish him well in the future, Barclays Chairman David Walker said in the statement. He has successfully navigated Barclayss finances through one of the most difficult periods in its history. Lucas, the last of former Chief Executive Officer Robert Diamond s senior managers to depart, is leaving ahead of a planned 5.8 billion-pound ($9 billion) rights offering, which stands to be the biggest by a U.K. bank since Lloyds Banking Group Plc (LLOY) s 13.5 billion-pound sale in 2009.

Marissa Mayer, Please Don’t Screw Up Yahoo! Finance

“We’ve both vetted them all and screened them. Whether the secretary found a surprisingly unrepresentative sample or not, we’re not worried about it. We know we’ll have the signatures. It doesn’t change at all our work on the campaign over the next 80 days.” Initiative 22 seeks approval of a new, two-tiered state income tax system that would raise money to fund programs such as expanded full-day kindergarten and half-day preschool, as well as provide more resources for at-risk students and English-language learners.

Barclays CFO Chris Lucas

Nobody likes change, especially when it comes to their favorite things. I know mobile Yahoo! Finance badly needs a redesign, and I’m all in favor of that. However, when it comes to desktop, I’m asking one thing Marissa.


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