Softbank’s Purchase Of Fortress Will Not Affect Randall Nardone’s Status At The Firm

When Fortress Investment Group first considered a major deal that would have a massive impact on their firm, executives like Randall Nardone believed that it would take some time to come together.What Randall Nardone could never have expected was the speed at which SoftBank would move. Masayoshi Son is the owner of this firm and he has rapidly ascended the billionaire ranks by moving quickly and striking while the iron is hot.Son had big plans for the firm and they would need to act quickly. In his mind, Fortress Investment Group has the potential to become a global leader in a number of respects. If Son’s plans come to fruition, Fortress will have the ability to maximize profits in a wide range of sectors. Son is looking to extend Fortress’ reach into the worlds of communications, technology and finance. His level of confidence is what allowed him to justify the $3.3 billion price tag for this purchase.

The bet that is being made here is an interesting one. Son is of the belief that Fortress’ current assets can be used to further his own goals. Fortress has amassed a collection of various subsidiaries that are thought to be useful and these private equity businesses will be used to build SoftBank’s United States support services. Fortress already stands to benefit from this purchase in a variety of ways. They are now able to avoid the sort of scrutiny that takes place in the public marketplace. While the company typically provides assistance when it comes to credit funds, they also serve as a manager for a wide range of private equity pools. This is where Randall Nardone’s expertise comes in handy.Those who are wondering whether SoftBank’s purchase will affect his status at the firm should fear not.

Randall Nardone has already come forward and stated that this purchase is not going to affect the role that he plays. He plans to remain at the firm and the other co-chairmen at Fortress Investment Group have echoed his sentiment. SoftBank has wasted no time establishing a closer relationship with Donald Trump and after a recent meeting at Trump Tower, Son stated that the partnership with Fortress Investment Group would lead to further investments in the nation’s infrastructure. In order to make this vision a reality, Son is going to put up $50 billion and these funds are expected to lead to the creation of tens of thousands of American jobs.

Source of the article : http://www.4-traders.com/business-leaders/Randal-Alan-Nardone-0031P8-E/biography/

Jeff Yastine – Editor of Banyan Hill Publishing

What is Jeff Yastine’s role at Banyan Hill Publishing?

The editor at Banyan Hill Publishing is Jeff Yastine. In 2015, he began working in Banyan Hill Publishing as their editorial editor. Jeff Yastine has many years of experience as a financial journalist and an investor in the stock market. He contributes weekly to Banyan Hill’s Sovereign Investor. He helps investors to have a good understanding of economic, monetary trends, business and shows them the benefits of gaining a profit in many kinds of opportunities.

The Kennedy Accounts

At The Kennedy Accounts, they carry out essential administrative accounts as a reason for their lawful specification. By this course of action, they are able to go over their client’s company information every quarter instead of once a year. The Kennedy Accounts strives to give great service to their clients by listening to them.

Jeff Yastine Facebook Presence

Jeff Yastine has a presence on Facebook. He writes about various topics including investing in oil. He states that the production of oil shale is growing at an all-time high and now is the time to invest. Jeff Yastine states that a report was given by the U.S. Energy Information Administration that 5% of crude oil increased in value last year.

Jeff Yastine’s Articles On Medium

Jeff Yastine has a good presence on the Medium’s website. He writes articles about Cybersecurity. He believes that investing in Cybersecurity is a wise decision because they yield a high percentage of returns.

Jeff Yastine believes and recommends three stocks based on the stock market figures, that could increase the earnings for investors in 2018. He advised that these businesses could outperform Amazon stocks.

Kroger Co. is a supermarket that is widely known. Kroger Co. has supermarkets in many parts of the United States, about 3,000 of them. They will be adding self-checkout in their supermarkets, and they carry organic products. People are becoming health conscious and this store will offer healthy choices for their customers.

eBay is another company that is competing with Amazon, and they will be a fierce competitor to Amazon stocks. eBay is well known and they have a vast amount of people who buy and sell on their site.

The third and last competitor of Amazon is W.W. Grainger. Yastine advises investors to invest in W.W. Grainger stocks.

About Jeff Yastine

Jeff Yastine lives in Delray Beach Florida. He received his B.A. in Telecommunications degree from the University of Florida. Watch: https://www.youtube.com/watch?v=zoioCpQ8pGQ

 

Jeff Yastine Finds Important New Sector of Tech

Complying with all the laws and regulations of the financial industry is not an easy job for banks, and it just keeps getting more difficult. Thanks to the rise of crime around the world, banks are under government pressure to implement important know-your-customer rules that are designed to thwart money laundering and fraud. The cost of that regulation alone is an estimated $10 million. However, banks can now outsource the expertise and technology to a company that specializes in helping them fully comply with government oversight. These companies are known as regtech, short for regulatory technology. And they might charge the bank just $300,000 to handle the requirements for the banks. But the regtech companies profit by supplying their expertise to many customers, taking advantage of economies of scale. Plus, they use the most advanced technological tools such as the blockchain, advanced software and Artificial Intelligence. That’s why outsourcing this expertise to a regtech company is so much less expensive for the banks than keeping the specialized data in-house. Even a high-powered firm of lawyers can’t compete with regtech.

That’s why Jeff Yastine says regtech is an important new technological sector investors should consider putting their money into. He covers it in his financial newsletter, Total Wealth Insider.

International banks have an especially difficult task. They must follow the laws and regulations of every country they operate in, even though every country passes its own laws and they are often different from each other. Let’s Talk Payments is a financial technology website. They estimate the cost for international banks to comply with every regulator around the world is $70 billion. And it estimates that will rise to $120 billion in the next three years. And the cost of complying with banking regulations is even higher in the European Union than in the United States. The same $10 million it costs a bank in the U.S. to track the identities of their customers amounts to $1 billion in Europe, according to HSBC and Deutsche Bank. Learn more at Seeking Alpha about Jeff Yastine

The regtech opportunity is becoming even bigger as the regulators are learning about these companies. They are willing to give these regtech companies access to information in the same way federal regulators work with Moody’s and Standard & Poor’s to establish credit ratings for the bond market. Making sure the regtech companies are up to speed makes the job of regulators that much easier, without giving any one particular bank a competitive advantage over another. For more updates, visit:https://stocktwits.com/jeffyastine