China Merchants Bank’s subsidiary opens a cryptocurrency exchange in Hong Kong
CMB International Securities Launches Crypto Exchange in Hong Kong CMB International Securities Limited, a part of China Merchant Bank (CMB), has recently opened a cryptocurrency exchange in Hong Kong, marking a significant step in the banking sector. As reported via WeChat on Monday, banks have started to offer virtual asset trading services. This development follows […]
Former executive of Mars candy subsidiary charged with stealing $28 million from company
HARTFORD, Conn. (AP) — Before Wednesday's arrest, Paul Steed was a respected sugar market expert for a subsidiary of famous Candimaker Mars Inc. He served on the US Trade Advisory Committee for Sweeteners and Industry Associations while making presentations at conferences. Paul Steed of Stamford, Connecticut, has been accused of stealing more than $28 million […]
Cyberattack at UnitedHealth subsidiary Change Healthcare affected 100M Americans – Star Tribune
The U.S. Department of Health and Human Services, which maintains the data breach list, did not immediately respond to questions about the post, industry publication Modern Healthcare reported Thursday. UnitedHealth Group first disclosed the cyberattack in February. When Whitty told lawmakers in May that the breach could have affected data on about a third of […]
Rescued New York Community Bank to Lay Off 700 at Its Flagstar Subsidiary – VINNews
FILE – February 9, 2024 at a New York Community Bank branch in Upper Manhattan, New York. (AP Photo/Ted Shafley, File) (AP) – Struggling New York Community Bancorp said Friday it will cut 700 jobs at subsidiary Flagstar, which aims to return to profitability after being bailed out by investors earlier this year. […]
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary – The Associated Press
Struggling New York Community Bancorp said Friday it will cut 700 jobs at its Flagstar subsidiary as it seeks to return to profitability following an investor bailout earlier this year. The bank said the job cuts amount to 8% of its workforce. The company also plans to sell its mortgage repayment business to mortgage company […]
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming – Yahoo Finance
Struggling New York Community Bancorp said Friday it will cut 700 jobs at its Flagstar subsidiary as it seeks to return to profitability following an investor bailout earlier this year. The bank said the job cuts represent 8% of its headcount, with a further 1,200 job cuts to be implemented after the sale of other […]
J&J subsidiary files for bankruptcy again to settle talc lawsuits
A subsidiary of Johnson & Johnson has filed for bankruptcy for the third time to settle tens of thousands of lawsuits alleging that its baby powder and other talc products cause cancer. Red River Talc LLC Submitted Red River filed for voluntary Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern […]
UnitedHealth subsidiary Change Healthcare down for a fourth day following cyberattack – CNBC
UnitedHealth Group Inc. is headquartered in Minnetonka, Minnesota, USA Mike Bradley | Bloomberg | Getty Images Change Healthcare’s systems have been down for the fourth day in a row since parent company UnitedHealth Group disclosed Wednesday that a suspected cybersecurity threat actor had accessed parts of the company’s information technology network. . UnitedHealth, the largest […]