Although Wells Fargo does not have a deadline by which it aims to repay every driver it forced to buy auto insurance that was not required, unless it completes the reimbursements it will not get the all-clear from regulators. According… Read More ›
Day: October 3, 2018
Exxon Mobile Corp eyeing multi-billion upgrade of its Singapore refinery
The potential development comes ahead of the introduction of global shipping fuel rules, set to be introduced in 2020, which see sulphur component in marine fuel dip to 0.5% from 3.5%. According to a senior executive from Exxon Mobil Corp,… Read More ›
Top creditors of Toys ‘R’ Us plan to revive the brand
With the auction bids not being superior to the plan of reviving the plan, creditors and stakeholders are of the view that reviving the Toys ‘R’ Us and Babies ‘R’ Us brand is the best way forward. In a significant… Read More ›
J. C. Penney Co appoints Jill Soltau as CEO
Jill Soltau, who will join the company in mid-October, will have the task of turning it around. In August 2018, J. C. Penney reported a higher than expected second quarter loss and revised its full-year forecast. J. C. Penney Co… Read More ›
Britain’s financial regulations are likely to become tougher post Brexit: KPMG
While some sections of the Eurosceptics are pushing to loosen lending rules, KPMG expects that Britain’s FCA and the Prudential Regulation Authority at the Bank of England will in fact tighten and enhance rules governing finance. In a report released… Read More ›
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