Chinese Central Bank President Suddenly Resigns for ‘Personal Reasons’

Bank of China (BOC) Vice Chairman and Governor Liu Jin resigned without notice on Sunday, just five months after being reappointed to the role. The bank issued a cryptic statement saying Liu had resigned for “personal reasons” and declined to comment further. Liu teeth Quite young Born in 1967, he was China’s oldest top executive, […]
"Crossed Line": Canada Bank On Why It Fired Employees Over Intimate Relationship – NDTV

Nadine Ang is suing Royal Bank of Canada for wrongful termination. The Royal Bank of Canada said an employee it fired for having an intimate relationship with its former chief financial officer was focused on using the alleged relationship to advance herself within the company. The bank on Friday filed an answer and counterclaim against […]
Deutsche Bank shares rise 3% after settlement of bulk of claims in long-running Postbank suit – CNBC

The logo is on display atop Deutsche Bank’s headquarters at Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche Bank The German bank has reached settlements with about 60 percent of plaintiffs in a long-running lawsuit that claims it underpaid Postbank when it bought the company more than a decade […]
TD Bank takes US$2.6 billion hit on money laundering probe, sells Schwab shares – Financial Post

Article Contents Toronto-Dominion Bank has set aside $2.6 billion in provisions for penalties over anti-money laundering failures and has sold some of its shares in Charles Schwab Corp. to help raise the money. Canada’s second-largest bank made the announcement after the market closed on Wednesday. Its stake in Schwab will fall to 10.1 percent from […]
Fired RBC boss Nadine Ahn's sexy texts to junior colleague are revealed as bank launches countersuit over affa – Daily Mail

Intimate text messages between the fired head of Royal Bank of Canada and one of her subordinates have been made public in the latest legal battle over their secret office relationship. Canada’s largest financial institution fired its chief financial officer, Nadine Ang, in April after it was revealed she had been in a 10-year relationship […]
B. Riley co-founder offers to buy embattled bank in $212M deal

Bryant Riley, co-founder and co-CEO of B. Riley Financial, said on Friday Suggested The company’s acquisition of the investment bank marked a dramatic end to a tough week that saw its market value wiped out nearly $360 million. The privatization proposal comes after months of turmoil stemming from banks’ relationships with The Vitamin Shoppe’s owner, […]
EPA starts doling out green bank cash

Welcome to the Hill’s Energy and Environment Newsletter {beacon} Energy and Environment Energy and Environment Full text Biden administration to keep Colorado River waters low in Arizona and Nevada Arizona and Nevada will maintain cuts on Colorado River water use next year but will not face any imminent increases in water conservation requirements, the […]
New Zealand Food Bank Gives Out Candies Laced With Meth ‘Worth $600’ To Homeless

(Photo provided by: PORNCHAI KITTIWONGSAKUL/AFP via Getty Images) By James Myers, OAN StaffFriday, August 16, 2024 3:13 PM Food banks in New Zealand are searching for a cache of potentially methamphetamine-laced candy that was mistakenly distributed to homeless people at a charity event. advertisement New Zealand police have so far found 41 blocks of methamphetamine […]
Lethal Dose Methamphetamine Pills Accidentally Given Out by Food Bank

AFP — New Zealand police said on Thursday they had recovered 29 methamphetamine pills disguised as pineapple sweets that had been mistakenly distributed to members of the public in a charity donation box. Police are rushing to trace more brightly packaged drugs that have been anonymously donated to anti-poverty charity Auckland City Mission and then […]
West Virginia governor blames politics for sudden bank auction of $50M resort amid key Senate bid

One of West Virginia Gov. Jim Justice’s most prized possessions is set to be auctioned against the governor’s wishes later this month, and a Republican Senate candidate says the situation reeks of blatant politics. In 2009, the Democrat-turned-Republican bought the Greenbrier, a luxury resort in White Sulphur Springs, West Virginia, from CSX and saved it […]