BOSTON (Reuters) – Cruiser Capital Advisors stated on Monday it needs to switch 4 administrators at chemical firm Ashland Global Holdings, including the board chairman. The New York-based hedge fund goals to take away Ashland Chief Executive Bill Wulfsohn from his place as board chair and can also be concentrating on three different administrators who’re […]
The chairman of Deltec Bank & Trust says a extensively scrutinized letter about stablecoin issuer Tether’s account on the Bahamas-based establishment is “authentic.” The letter, which Tether published Nov. 1, said – albeit with a outstanding disclaimer – that the corporate held an account on the financial institution, and that the account’s stability as of […]
SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) denied allegations it had submitted a doctored report back to a regulator and dedicated a criminal offense, saying an inquiry into the nation’s monetary sector had overstated the wealth supervisor’s involvement. The emblem of AMP Ltd, Australia’s largest retail wealth supervisor, adorns their head workplace situated in central […]
ZURICH (Reuters) – Credit Suisse nonetheless has work ahead after making good progress in the direction of attaining targets set for a three-year turnaround, Chairman Urs Rohner informed the group’s annual basic assembly on Friday. FILE PHOTO – CEO Tidjane Thiam websites beside Chairman Urs Rohner of Swiss financial institution Credit Suisse as he addresses […]
Starbucks Chairman Howard Shultz stated the espresso chain plans to include blockchain know-how and digital currencies into its long-term cost know-how technique, and hopes to “expand digital customer relationships.” Shultz doesn’t, nevertheless, consider that bitcoin will play a task on this technique, remarking that he did not consider the unique cryptocurrency would “be a currency […]
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Walter J. Clayton additionally referred to as for higher transparency within the sale and advertising of bonds to retail buyers, in a speech to the Economic Club of New York. SOURCE: NYT > DealBook – Read whole story here.
The detention of Wu Xiaohui, the chairman of Anbang Insurance Group, in China comes amid a broader clampdown on insurance coverage merchandise. SOURCE: NYT > DealBook – Read complete story here.