restructuring

Mizuho Securities, Rakuten Securities Ally on Asset Management Services
Mizuho Securities, Rakuten Securities Ally on Asset Management Services
October 07, 2022  |  Partnerships

Aiming to offer asset management consulting services both online and in person, Tokyo-based Mizuho Securities and Tokyo-based Rakuten Securities Holdings have announced a strategic capital...

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Apollo Global Management Bows Out of Musk-Twitter Deal
Apollo Global Management Bows Out of Musk-Twitter Deal
October 05, 2022  |  Acquisitions

Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks,...

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JPMorgan Ends Use of Safe Deposit Boxes
JPMorgan Ends Use of Safe Deposit Boxes
September 30, 2022  |  Banking

Safe deposit boxes, a longtime fixture at banks worldwide, will soon be a thing of the past at one major banking chain. As Bloomberg News...

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Meta Cuts Budgets, Employees Alongside Hiring Freeze
Meta Cuts Budgets, Employees Alongside Hiring Freeze
September 29, 2022  |  Meta

Meta CEO Mark Zuckerberg has plans to cut down on headcount for the first time, which will see an end to “rapid growth” for the...

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Amazon Encourages Customer Service Staff to Work From Home
Amazon Encourages Customer Service Staff to Work From Home
September 28, 2022  |  Amazon

Amazon has been encouraging customer service employees to work from home to help save money on real estate, Bloomberg wrote. The shift is part of...

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Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison Steps Down to Advisory Role
Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison...
September 27, 2022  |  Cryptocurrency

In a speech at a conference on finance tokenization, François Villeroy de Galhau, governor of the Banque de France, said the bank is working on...

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Peloton Operations, Supply Chain Execs Exit
Peloton Operations, Supply Chain Execs Exit
February 15, 2022  |  Personnel

Peloton has overhauled its operations, bringing in new management and making layoffs, according to a Monday (Feb. 14) Bloomberg report. That includes the leaving of...

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Travelex Ditches Sale After Banks Reject Offers
Travelex Ditches Sale After Banks Reject Offers
June 16, 2020  |  Partnerships / Acquisitions

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the...

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24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
June 15, 2020  |  Economy

24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release....

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