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ValueAct's reputation gamble in Japan pays off: ValueAct Capital can breathe a sigh of relief. The U.S. investment firm prefers to chide management of ...
reuters.com/breakingviews/valueacts-reputation-gamble-japan-pays-off-2024-04-23/
Four hurdles for bank buyers to clear: As recently as a few months ago, many observers predicted a surge of bank mergers this year. But longtime obstacles to ...
americanbanker.com/list/four-hurdles-for-bank-buyers-to-clear
Old Mutual gets the green light to open OM Bank: Old Mutual has been given the initial approval to launch a bank in South Africa.
iol.co.za/business/advice/old-mutual-gets-the-green-light-to-open-om-bank-ed3669a1-9d32-4628-a587-e259fdd62839
Here are the top 15 companies in Singapore to work for, according to LinkedIn: LinkedIn has released its 2024 list of the top companies to work for in Singapore ...
cnbc.com/2024/04/17/linkedin-top-15-companies-to-work-for-in-singapore-in-2024.html
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
20 bank holding companies with the largest business loan portfolios : The top five bank holding companies have combined business loan portfolios of more than $2 ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-business-loan-portfolios
Europe stands firm against US-driven ESG backlash: Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging ...
reut.rs/49yZHTq
Allow private capital to provide liquidity to Ginnie Mae servicers: Banks and other private lenders could help ease the liquidity crisis facing some companies ...
americanbanker.com/opinion/allow-private-capital-to-provide-liquidity-to-ginnie-mae-servicers
Stanford researchers say large language models favor white-sounding names: Tests of models from OpenAI, Google and others found their advice tends to ...
americanbanker.com/news/stanford-researchers-say-large-language-models-favor-white-sounding-names
Zenith Bank’s annual profit leaps threefold to N677 billion: Zenith Bank is in the middle of a transition into a holding company, an operating structure which ...
premiumtimesng.com/news/headlines/684489-zenith-banks-annual-profit-leaps-threefold-to-n677-billion.html
Germany is becoming a cyber nation: In five years, Germany will be one of the five most innovative and successful nations in cybersecurity ...
cio.de/a/deutschland-wird-zur-cybernation,3721431
Fuss about “Let’s Dance”: Security suddenly has to intervene during the commercial break
hna.de/kultur/tv-kino/security-werbepause-einschreiten-rtl-show-wirbel-lets-dance-jury-zr-92990254.html
Nominations are now open for the Most Powerful Women in Banking 2024
: This annual list of luminaries honors the women who lead in banking and finance across the ...
americanbanker.com/news/nominations-are-now-open-for-the-most-powerful-women-in-banking-2024
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Apple Users Are Getting Bombarded With ‘Reset Password’ Requests: Some users have reported getting hundreds of “reset password” requests on their Apple devices ...
gizmodo.com/apple-reset-password-phishing-scam-iphone-spoofing-call-1851370115
Another War Would Catch the U.S. Off Guard. Just Look at History.: As the U.S. aids foreign combatants like Ukraine, our own weapons stockpiles are growing ...
barrons.com/articles/war-defense-budget-spending-history-f0e160bb
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UC Berkeley parents hired private security to patrol near campus: After a parents group calling itself "SafeBears" paid for private security near ...
nytimes.com/2024/03/28/us/uc-berkeley-private-security.html
AI adoption, PNC setbacks: Top tech news for March 2024: In this month's roundup of top tech news: Organizations like First Horizon and TransUnion explore the ...
americanbanker.com/list/ai-adoption-pnc-setbacks-top-tech-news-for-march-2024
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Ocado Retail sales rise as sharper prices win more customers: British online supermarket Ocado Retail said a focus on sharper prices helped it win more customers ...
reuters.com/business/retail-consumer/ocado-retail-quarterly-sales-up-106-it-wins-more-customers-2024-03-26/
8 of the biggest issues facing the banking industry today: A major shake-up in the payments world, a data breach that's opened up a debate on who is ultimately ...
americanbanker.com/list/8-of-the-biggest-issues-facing-the-banking-industry-today
Investigators: Boeing Overwrote Security Footage Related to Jet Door That Blew Out
gizmodo.com/boeing-alaska-airlines-jet-ntsb-john-barnett-whistleblo-1851340581
Zenith Bank named Nigeria’s best bank for the 4th year: The Bank emerged as the best bank in Nigeria in the Global Finance Best Banks Awards 2024
premiumtimesng.com/promoted/682602-zenith-bank-named-nigerias-best-bank-for-the-4th-year.html
FDIC rebukes Sutton Bank, Piermont Bank over fintech partners: The steady drumbeat of consent orders against banks that offer banking as a service continues ...
americanbanker.com/news/fdic-rebukes-sutton-bank-piermont-bank-over-fintech-partners
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Walmart wants more wealthy shoppers: The retail giant is making renovations to its sales floors and its assortment of brands
qz.com/walmart-wealthy-shoppers-1851355757
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US litigation funding in 'state of flux' as deal commitments dip, says report: U.S. commercial litigation funders committed about 14% less capital to new deals ...
reuters.com/legal/transactional/us-litigation-funding-state-flux-deal-commitments-dip-says-report-2024-03-27/
Integrated Financial finds new buyer in Capital Bancorp: Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after ...
americanbanker.com/news/integrated-financial-finds-new-buyer-in-capital-bancorp
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20 U.S. banks with the most construction loans at the end of Q4: The top five banks have combined construction loans of more than $72 billion.
americanbanker.com/list/20-u-s-banks-with-the-most-construction-loans-at-the-end-of-q4
Israel Set Out to Destroy Hamas and Free Hostages—but Worries It Can’t Do Both: Israeli society is divided over how to prioritize the country’s two main war ...
wsj.com/world/middle-east/israel-set-out-to-destroy-hamas-and-free-hostagesbut-worries-it-cant-do-both-f6b6fc9d
Why bank stocks still have plenty of upside: A key bank stock index ticked up after the Federal Reserve hinted that it could lower rates later this year ...
americanbanker.com/news/why-bank-stocks-still-have-plenty-of-upside
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Death Toll in Attack at Russian Concert Hall Tops 110 as Suspects Detained: The violence close to Moscow raises questions about domestic security as the country ...
wsj.com/world/europe/death-toll-in-attack-at-russian-concert-hall-tops-90-as-suspects-detained-dbe61022
Protection from US sanctions: Brics states announce digital payment system: Another step towards dedollarization. The Brics Group wants to develop a blockchain ...
berliner-zeitung.de/politik-gesellschaft/geopolitik/schutz-vor-us-sanktionen-brics-staaten-kuendigen-digitales-zahlungssystem-an-li.2193875
5 regulatory issues to watch in banking this year: How the FDIC, the Federal Reserve and other regulators are working to keep banks in compliance through 2024.
americanbanker.com/list/basel-iii-baas-crackdowns-and-other-bank-regulations-to-watch
Want to Steal a Tesla? Try Using a Flipper Zero: Researchers uncovered a dead simple social engineering attack that could let criminals drive away with your car.
gizmodo.com/want-to-steal-a-tesla-try-using-a-flipper-zero-1851316236
Tim Tszyu confirms girlfriend rumour: Tim Tszyu’s big secret is out — the Australian is officially a taken man.
news.com.au/sport/boxing/tim-tszyu-has-hidden-big-girlfriend-secret-for-months/news-story/2f5edc47e0c0e50158cec7883f1e0223
IATSE & Teamsters Wrap First Day Of Negotiations With Studios; Joint Talks Focus On “More Security” For Below-The-Line Workers
deadline.com/2024/03/iatse-teamsters-first-day-negotiations-amptp-1235845667/
Wilmington Trust's Doris Meister on a career in wealth management: The Climb
: Meister, chair and CEO of the M&T division, considers herself a "builder-fixer" ...
americanbanker.com/news/wilmington-trusts-doris-meister-on-a-career-in-wealth-management-the-climb
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Canadian Jewish Film Festival Postponed Over Cinema Security Concerns: The Playhouse Cinema pulled the venue rental of The Hamilton Jewish Film Festival over ...
hollywoodreporter.com/movies/movie-news/canadian-jewish-film-festival-postponed-security-concerns-1235857506/
20 U.S. banks with the largest 1-day stock price drops after Q4 earnings: The stock prices of five of these banks fell by more than 7% on the day they announced ...
americanbanker.com/list/20-u-s-banks-with-the-lowest-1-day-total-returns-after-q4-earnings-announcement
Opinion | What’s Behind the Propaganda War Against Israel: The Jewish state has a right to defend itself, Biden seems to say, but it should stop fighting Hamas ...
wsj.com/articles/whats-behind-the-propaganda-war-against-israel-why-biden-pushes-to-end-fighting-24694f11
The Most Influential Women in Payments, 2024: American Banker's Most Influential Women in Payments share their views on artificial intelligence, hybrid offices ...
americanbanker.com/payments/list/the-most-influential-women-in-payments-2024
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Ukraine War Sparks Rare Challenge to Putin From Russian Soldiers’ Wives: Relatives of drafted Russian men are protesting open-ended deployments ...
wsj.com/world/russia/ukraine-war-sparks-rare-challenge-to-putin-from-russian-soldiers-wives-23abc7f4
‘Lady Vengeance’ Actress Lee Young-ae To Receive Excellence In Asian Cinema Award
deadline.com/2024/02/lady-vengeance-lee-young-ae-excellence-in-asian-cinema-award-1235842763/
Why bank consolidation is down but not out: Bank mergers and acquisitions have slowed in recent years amid recession fears and other economic uncertainties ...
americanbanker.com/news/why-bank-consolidation-is-down-but-not-out
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Pro football veteran helps small bank tackle new sports niche: Orlando-based Cogent Bancorp's Brandon Ghee, a former NFL player, has launched a business line ...
americanbanker.com/news/pro-football-veteran-helps-small-bank-tackle-new-sports-niche
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The Most Influential Women in Payments, 2024: American Banker's Most Influential Women in Payments share their views on artificial intelligence, hybrid offices ...
americanbanker.com/payments/list/the-most-influential-women-in-payments-2024
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Tradeweb's global head of data and analytics on using AI for pricing: Lisa Schirf, managing director and global head of data and analytics at Tradeweb ...
americanbanker.com/leaders/how-data-and-analytics-can-improve-pricing-in-fixed-income-markets
Opinion | Netanyahu’s Bold, Realistic Plan for ‘the Day After Hamas’: Gazans appear ready to rebuke the terrorists and work with Israel to create a new governing ...
wsj.com/articles/netanyahus-bold-realistic-plan-for-the-day-after-hamas-gazans-new-self-governance-209d5ea5
Capital One to buy Discover for $35 billion in deal that combines major US credit card companies
abcnews.go.com/Business/wireStory/capital-buy-discover-35-billion-deal-combines-major-107354633
Quick Glance: Acquisition Plans: Capital One and Discover Financial
- Capital One plans to acquire Discover Financial, a US credit card company
- Capital One is valued at $52.2 billion and the fourth largest player in the US credit card market
- Discover was the 27th largest US bank by assets, while Capital One was the ninth largest
- Increased regulatory focus on credit card fees, potential merger in this context
Hamas Is Losing Every Battle in Gaza. It Still Thinks It Could Win the War.: On the run, leader Yahya Sinwar is betting the militant Islamists can achieve a ...
wsj.com/world/middle-east/hamas-thinks-it-could-win-gaza-war-with-israel-6254a8c6
Russians Keep Turning Up Dead All Over the World: A helicopter pilot who defected to Ukraine is the latest obvious assassination, but a range of businessmen ...
wsj.com/world/europe/russians-keep-turning-up-dead-all-over-the-world-6acc8990
Donatella Versace Gets Stuck in Elevator, Hosts LGBT Event: Donatella Versace got trapped in an elevator on her way to co-host a rooftop event at the Los Angeles ...
variety.com/2024/scene/columns/donatella-versace-elevator-stuck-los-angeles-lgbt-center-1235935935/
How PNC's Deborah Guild works to protect the bank and its customers: The Climb
: As the head of enterprise technology and security, Guild tries to stay ahead of ...
americanbanker.com/news/how-pncs-deborah-guild-works-to-protect-the-bank-and-its-customers-the-climb
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Jihadists Kidnap Scores of Children in Nigeria: Officials gave varying estimates of how many people were taken as the Chibok anniversary approaches.
wsj.com/world/africa/jihadists-kidnap-scores-of-children-in-northeast-nigeria-7c3da0dc
20 banks and thrifts with the most deposits through September 2023: The top five banks and thrifts have combined total deposits of more than $7 trillion as of ...
americanbanker.com/list/20-banks-and-thrifts-with-the-most-deposits-as-of-the-end-of-q3-2023
Opinion | The Example of Alexei Navalny’s Courage: Vladimir Putin thinks he can kill opponents with impunity, and he knows he must to retain power.
wsj.com/articles/alexei-navalny-dies-siberia-russia-vladimir-putin-be4b0915
On NIS2 Mission: When preparing for NIS2, German companies are initially faced with a black hole. The channel can help eliminate confusion and make customers ...
it-business.de/auf-nis2-mission-a-e8080ce9c6ad83a7c1cc3b3d71c5e751/
20 bank M&A deals with the largest target asset volume in 2023: The top five bank M&A deals had a combined target asset volume of more than $480 billion
americanbanker.com/list/20-bank-m-a-deals-with-the-largest-target-asset-volume-in-2023
CPAC Security Slammed After Forcing Special Needs Child To Move Seats: The child's father said they were asked to move further back before Donald Trump spoke.
newsweek.com/cpac-security-slammed-special-needs-child-moved-republicans-donald-trump-1873321
20 banks and thrifts with the largest commercial and industrial loan portfolios: The top five banks and thrifts have more than $1 trillion in combined commercial ...
americanbanker.com/list/20-banks-and-thrifts-with-the-largest-commercial-and-industrial-loan-portfolios-as-of-september-30-2023
Green Dot sets aside $20 million after draft AML order from Fed: The Austin, Texas, bank and fintech says the Federal Reserve has proposed a consent order that ...
americanbanker.com/news/green-dot-sets-aside-20-million-after-draft-aml-order-from-fed
How One Woman Duped China’s Censorship Machine: A letter purportedly about Iran’s police turned out to be an account of a Chinese interrogation ...
wsj.com/world/china/how-one-woman-duped-chinas-censorship-machine-1f3924de
India’s central bank extends some Paytm Payments Bank restrictions deadline to March 15
techcrunch.com/2024/02/16/india-central-bank-extends-some-paytm-payments-bank-restrictions-deadline-to-march-15/
BAFTA Says Security Removed Prankster Who Joined Oppenheimer Team Onstage: “We Are Taking This Very Seriously”
hollywoodreporter.com/movies/movie-news/baftas-prankster-removed-security-oppenheimer-1235829655/
Hyatt Buy Points 20% Discount Through April 9, 2023: World of Hyatt members can buy points at 20% off through April 9, 2024.
loyaltylobby.com/2024/02/20/hyatt-buy-points-20-discount-through-april-9-2023/
Tesco Bank sold to Barclays in deal worth up to £1bn: Tesco and Barclays also form a strategic partnership that will see the bank offer Tesco-branded banking ...
news.sky.com/story/tesco-bank-sold-to-barclays-in-deal-worth-up-to-163700m-13067201
Quick Glance: Barclays Acquires Tesco Bank for £600mn
- UK lender buys majority of Tesco's banking operations
- Deal includes Tesco Bank's credit cards and personal loans
- 10-year distribution agreement for financial products under Tesco brand
- Transfer of 2,800 staff to Barclays
Hyatt Buy Points 36% Off Flash Sale: World of Hyatt members can purchase points at 36% off but only for a limited time.
loyaltylobby.com/2024/02/19/hyatt-buy-points-36-off-flash-sale/
Families of Israeli Hostages Take Allegations Against Hamas to The Hague: Relatives and former hostages submitted a brief saying the group committed genocide ...
wsj.com/world/middle-east/families-of-israeli-hostages-take-allegations-against-hamas-to-the-hague-386f37e7
The Warehouse Group sells sports brand Torpedo7 for $1: The Warehouse Group has sold its struggling outdoor brand Torpedo7 for $1.
rnz.co.nz/news/national/509866/the-warehouse-group-sells-sports-brand-torpedo7-for-1
20 fintech and payments M&A deals with the largest volume in 2023: The top five fintech and payments M&A deals had a combined dollar volume of more than $23 ...
americanbanker.com/list/20-fintech-and-payments-m-a-deals-with-the-largest-volume-in-2023
Employer deals earn BofA more than $10 bln in deposits, investments: Bank of America (BAC.N) has brought in $10.5 billion in deposits and investments in the last ...
reuters.com/business/finance/employer-deals-earn-bofa-more-than-10-bln-deposits-investments-2024-02-08/
‘I Need My Son.’ A Mother Becomes an Advocate for Release of Hostages: Rachel Goldberg-Polin’s son, Hersh, was kidnapped on Oct. 7 and his family has had no word ...
wsj.com/lifestyle/relationships/hostages-israel-hamas-kidnap-war-gaza-6edfdded
Iran Gas Pipelines Explode in Act of Sabotage, Officials Say: Iranian officials call Wednesday’s blasts a terrorist attack but didn’t blame anyone for the ...
wsj.com/world/middle-east/iran-gas-pipeline-explosions-caused-by-sabotage-officials-say-18f54d0f
Opinion | Hamas Says No Deal on Hostages: It wants to be left in power in Gaza to repeat Oct. 7 all over again.
wsj.com/articles/hamas-no-hostage-deal-war-israel-gaza-ali-baraka-ea66739c
The Climb: Women leaders on their careers in banking and finance.: Anne Clarke Wolff, a longtime Most Powerful Women in Banking honoree, on why she left big ...
americanbanker.com/news/the-climb-women-leaders-on-their-careers-in-banking-and-finance
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Gone in 20 seconds: how ‘smart keys’ have fuelled a new wave of car crime: One London resident watched on CCTV as a thief walked up to his £40 ...
theguardian.com/money/2024/feb/24/smart-keys-car-crime-thieves-hi-tech-arms-race
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