restructuring

Metro Bank Moves Away From Mortgages After Reporting Error

Metro Bank Moves Away From Mortgages After Reporting Error
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020  |  Banking

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back...

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Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6 Pct Economic Contraction
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020  |  News

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers...

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Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
Wells Fargo Sees Card Spending Growth As Restructuring, Regulators Loom
January 14, 2020  |  Earnings

For Wells Fargo (at least, when it came to the latest earnings report), it was all about the costs — and scandals. Charles Scharf, the...

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INTL FCStone Mitigates Brexit Risk With FX Takeover
INTL FCStone Mitigates Brexit Risk With FX Takeover
January 13, 2020  |  B2B Payments

INTL FCStone, a risk management and advisory service provider for players in the financial industry, announced a new acquisition to strengthen its small business foreign...

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Deutsche Bank Posts $924M Loss As Restructuring Continues
Deutsche Bank Posts $924M Loss As Restructuring Continues
October 30, 2019  |  Earnings

Germany’s Deutsche Bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs, The Wall Street Journal (WSJ) reported...

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Uber COO And CMO Switch Out
Uber COO And CMO Switch Out
June 09, 2019  |  Ridesharing

Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca...

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Walmart Reshuffles Operations As It Pushes To Stay Competitive
Walmart Reshuffles Operations As It Pushes To Stay Competitive
September 13, 2017  |  Retail

When the going gets tough, the tough restructure their retail operations in an attempt to better facilitate change. Get the Full Story Complete the form...

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