President Donald Trump said his administration was negotiating “to do a major trade deal” with the U.K., aiming to have it kick in soon after Britain completes its exit from the European Union in early 2019.
NYS Entity Status
NYS Filing Date
SEPTEMBER 23, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - K BUSINESS & TRADE LLC
AROUND THE WEB
- Trump Sees 'Major Trade Deal' With U.K.
Wednesday Jul 26, 2017
- Debt Collector Accused Of Taking Money From People Who Didn’t Owe Anything
By Ashlee Kieler - Friday Jun 23, 2017
As part of its ongoing efforts to crack down on unscrupulous debt collectors, the Federal Trade Commission has accused a North Carolina company of running a “phantom” debt collection scheme that went after people for money that they did not actually owe.The FTC announced today that it had filed a complaint accusing ACDI Group LLC and Solutions to Portfolios …
- Extreme Commuting
By BRYAN MILLER - Friday Jul 21, 2017
The number of people who commute two hours or more to work is expected to grow, especially now that it is easier to work occasionally from home.
- Charter Airline Dynamic International Airways Files for Bankruptcy
Wednesday Jul 19, 2017
Charter carrier Dynamic International Airways LLC, which offers charter flights to regional cities in China, filed for bankruptcy protection Wednesday to stabilize its business.
- Big Data tells mortgage traders an amazing amount about you
By Matt Scully - Friday Jun 30, 2017
The New York startup sucks in data from marketing firms, public loan filings, courthouses and dozens of other sources, and sells it to mortgage bond and loan traders.The vivid detail the company turns up — the types of stores borrowers tend to shop at and whether they rent out their homes on Airbnb, for example — may unsettle privacy advocates, but it’s a boon for investors trying to figure out how likely homeowners are to pay their obligations.Across the world of finance, startups are using big data to try to improve Wall Street’s success with everything from consumer lending to stock trading.The average fund manager can gain 0.4 to 0.7 percentage point of return by using more intelligent data when trading mortgages, at least for home loans that haven’t been bundled into securities, according to John Ardy, CEO of Resitrader, an institutional marketplace for home loans.“We’re concerned about how this information is shared, and how it can have adverse consequences for individuals without their even realizing it,” said Lee Tien, a senior staff attorney at the Electronic Frontier Foundation, a nonprofit focusing on civil liberties.[...] money managers using information they get from TheNumber could face accusations of discriminating against borrowers based on race or religion if it turns out the factors the company looks at tend to single out particular types of people, said Frank Pasquale, a professor at the University of Maryland’s Francis King Carey School of Law.Fund managers that use TheNumber are typically buying subprime mortgages, many of which have defaulted.TheNumber tries to determine how much pride a homeowner probably has in his or her property, based on information it gleans from third parties, such as whether the resident tends to click on online ads from home improvement and gardening stores.Experian, for example, tries to make sure investors can’t readily determine borrowers’ identities when it hands out mortgage data, said Michele Raneri, a vice president of analytics and new business development at Experian.Added information about borrowers could boost transparency in the mortgage bond market, where getting information about creditworthiness and prices can be much harder than in other debt markets.“Investors in every other market get to see what they are buying — but not mortgage bond investors,” said Adam Murphy, founder of Empirasign Strategies LLC, a trading data firm for mortgage bond professionals.
- Brexit Could Cost Banks €15 Billion
Monday Jul 3, 2017
Banks in the U.K. could be on the hook for €15 billion in costs to relocate certain activities to Europe after Brexit, according to a study by a finance trade group—a tab that could weigh on bank profits for years and ultimately hit European Union consumers.