Latest news with #PatrickConnors
Sunday World
20-05-2025
- Sunday World
Three men accused of aggravated burglary with sledgehammer and screwdriver refused bail
Martin Connors (28), Patrick Connors (29), William Connors (39) have been charged with committing burglary Three men accused of an aggravated burglary in Carlingford, Co. Louth at the weekend have been refused bail when they appeared before Drogheda District Court on Monday. Martin Connors (28), Hazelhill, Killinarden, Tallaght, Dublin 24, is charged with committing burglary with a sledgehammer; Patrick Connors (29), Rossfield Avenue, Tallaght, Dublin 24, is accused of committing burglary with a screwdriver, while William Connors (39), also of Rossfield Avenue, is charged with committing burglary with a sledgehammer and a screwdriver. The offences are alleged to have taken place at a house at Grove Road, Carlingford, on Saturday last, May 17. Drogheda District Court. News in 90 Seconds - May 20th Det Gda Pádraig Kelly gave evidence of arresting Martin Connors on Sunday and later charging him and said that he made no reply after caution. Evidence of the arrest, charge and caution of Patrick Connors was presenting by way of schedules. Gda Richard Moloney said that he arrested William Connors at 7.46pm on Sunday and later charged him and said that he made no reply after caution. Following separate contested bail applications, Judge Stephanie Coggans refused bail. The three defendants were remanded in custody to Dundalk District Court on Wednesday next, May 21. The judge granted each accused legal aid and certified for counsel. Funded by the Courts Reporting Scheme
Yahoo
18-03-2025
- Business
- Yahoo
Deutsche Bank to give DWS first look at private credit deals
LONDON (Reuters) - Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market. Under the arrangement, DWS will be given the first look at "certain asset-based finance, direct lending and other private credit asset opportunities" Deutsche Bank finds, which DWS can then sell to its clients. 'Private Credit is a key offering for our clients who are looking for exposure to real-economy investments," said Stefan Hoops, CEO at DWS. "Origination is the main differentiator for Alternative Asset Managers, especially for asset-based finance which requires very different origination channels than direct lending." Private credit funds are non-bank lenders which lend money to companies and typically face less regulation than traditional lenders. They have boomed in recent years, with the likes of Apollo, KKR and Blackstone eating into banks' market share. Several banks have responded by striking deals with private credit managers, such as an agreement Citi announced with Apollo last year, so they can leverage their relationships with customers but risk little or none of their own capital. At the same time investor demand for alternative assets including private credit is soaring, offering new fee pools for fund managers like DWS. As part of the agreement, DWS said Patrick Connors, Deutsche Bank's European head of global credit financing and solutions, will join DWS as global head of private credit. DWS has 110 billion euros of its 1 trillion euros in assets under management in alternatives. Regulators have expressed concern about increased lending in the 'shadow banking' sector, where they have less visibility. A push by private credit lenders beyond traditional middle-market lending into areas such as asset-based financing also creates new risks, Moody's said in a report last year. Sign in to access your portfolio
Yahoo
18-03-2025
- Business
- Yahoo
Deutsche Bank to give DWS first look at private credit deals
LONDON (Reuters) - Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market. Under the arrangement, DWS will be given the first look at "certain asset-based finance, direct lending and other private credit asset opportunities" Deutsche Bank finds, which DWS can then sell to its clients. 'Private Credit is a key offering for our clients who are looking for exposure to real-economy investments," said Stefan Hoops, CEO at DWS. "Origination is the main differentiator for Alternative Asset Managers, especially for asset-based finance which requires very different origination channels than direct lending." Private credit funds are non-bank lenders which lend money to companies and typically face less regulation than traditional lenders. They have boomed in recent years, with the likes of Apollo, KKR and Blackstone eating into banks' market share. Several banks have responded by striking deals with private credit managers, such as an agreement Citi announced with Apollo last year, so they can leverage their relationships with customers but risk little or none of their own capital. At the same time investor demand for alternative assets including private credit is soaring, offering new fee pools for fund managers like DWS. As part of the agreement, DWS said Patrick Connors, Deutsche Bank's European head of global credit financing and solutions, will join DWS as global head of private credit. DWS has 110 billion euros of its 1 trillion euros in assets under management in alternatives. Regulators have expressed concern about increased lending in the 'shadow banking' sector, where they have less visibility. A push by private credit lenders beyond traditional middle-market lending into areas such as asset-based financing also creates new risks, Moody's said in a report last year.
Reuters
18-03-2025
- Business
- Reuters
Deutsche Bank to give DWS first look at private credit deals
LONDON, March 18 (Reuters) - Deutsche Bank ( opens new tab will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market. Under the arrangement, DWS ( opens new tab will be given the first look at "certain asset-based finance, direct lending and other private credit asset opportunities" Deutsche Bank finds, which DWS can then sell to its clients. 'Private Credit is a key offering for our clients who are looking for exposure to real-economy investments," said Stefan Hoops, CEO at DWS. "Origination is the main differentiator for Alternative Asset Managers, especially for asset-based finance which requires very different origination channels than direct lending." Private credit funds are non-bank lenders which lend money to companies and typically face less regulation than traditional lenders. They have boomed in recent years, with the likes of Apollo, KKR and Blackstone eating into banks' market share. Several banks have responded by striking deals with private credit managers, such as an agreement Citi announced with Apollo last year, so they can leverage their relationships with customers but risk little or none of their own capital. At the same time investor demand for alternative assets including private credit is soaring, offering new fee pools for fund managers like DWS. As part of the agreement, DWS said Patrick Connors, Deutsche Bank's European head of global credit financing and solutions, will join DWS as global head of private credit. DWS has 110 billion euros of its 1 trillion euros in assets under management in alternatives. Regulators have expressed concern about increased lending in the 'shadow banking' sector, where they have less visibility. A push by private credit lenders beyond traditional middle-market lending into areas such as asset-based financing also creates new risks, Moody's said in a report last year.
Yahoo
09-03-2025
- Yahoo
Sham paving company solicited business in Passaic County suburb, authorities say
BLOOMINGDALE — Police are warning homeowners to be careful when dealing with contractors after they said a sham paving company went door-to-door to solicit business and ruined a resident's driveway. The phony company, called Total Paving & Masonry, handed out flyers that advertised 'quality service' and 'trained workers,' but police said it is not licensed to operate in New Jersey. Patrick Connors, 33, of the U.K., who purported to be the owner of Total Paving, was arrested and charged with multiple criminal offenses and consumer affairs violations, police said in a statement Saturday. Authorities also impounded company vehicles, including a dump truck and a skid-steer loader. Celebrations: Competing groups fight over right to hold Peruvian Independence Day parade in Clifton Police said they were alerted Friday when residents called to complain that the paving company's representatives sought clients without a solicitor's permit. That morning, officers were dispatched to White Haven Place on a report of a blocked driveway. Sgt. Sami Zeidan and Patrolman Thomas Dichio found multiple vehicles belonging to Total Paving, police said. The officers then consulted the state Division of Consumer Affairs to confirm that the business is unlicensed. They also spoke to at least one resident who was duped by the company. Total Paving significantly raised the price of its service by thousands of dollars from its initial offer, police said, and 'completely damaged' the victim's driveway. Chief Daniel Greenwood said residents should always ask to see borough-issued permits when approached by contractors. If they do not have them, call police immediately. But the state said there is an even easier way to prevent door-to-door scams: Do not answer unexpected knocks. 'Better to be rude than scammed!' the state advised in a public-service announcement. For more tips, visit the anti-fraud toolkit on the Consumer Affairs website at Philip DeVencentis is a local reporter for For unlimited access to the most important news in your community, please subscribe or activate your digital account today. Email: devencentis@ This article originally appeared on Bloomingdale police warn residents about driveway paving scam
