Failed Banking

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Unprecedented increase in bank robberies in KP

The News International 08 May 2021

At least five banks were attacked by the robbers in the provincial capital and in Khyber and Nowshera districts since January, a source told The News ... However, the first four months of 2021 have already witnessed many failed and successful attempts by the bank robbers in the provincial capital and its two adjoining districts.

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Kelliot Royal Motors threaten to impound ‘Freddie Blay campaign’ buses

Ghana Web 08 May 2021

Following the arrival of the buses, Kelliot Royal Motors dragged the Universal Merchant Bank (UMB) to court for failing to release the vehicles to them ... Freddie Blay to do the needful and we shall not hesitate to go ahead and impound the vehicles should he fail to comply,” the statement added.

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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Perpetual Federal Savings Bank - PFOH

The Salamanca Press 08 May 2021

The investigation focuses on whether Perpetual Federal Savings Bank and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued ... https.//www.monteverdelaw.com/case/perpetual-federal-savings-bank.

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Esther Ruby Arthur: A 40-year lesson in corporate loyalty at ADB

B & FT Online 08 May 2021

Esther Ruby Arthur, loyalty fails to encapsulate the full impact of her 40 years of service to the Agricultural Development Bank Limited (ADB). Through the 80s, 90s, 2000s, 2010 and 2020s, and more than 10 Managing Directors, she has witnessed the evolution of banking in general, and ADB in particular; sharing in its highs and lows.

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Increase in govt employees’ salaries likely, CM tells pre-budget session

Dawn 08 May 2021

Mr Shah said that the PTI-led federal government had completely failed to perform and that was why their vote bank was getting decreased day-by-day ... He said that the revenue collection by the province was much better than that of the federal government as the latter failed to achieve its target, creating problems for the provinces.

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Barron’s Turns 100. How Crisis-Prone Markets Shaped the Past 50 Years.

Barrons 08 May 2021

creditor banks ... Baker 3d was interviewed by Cable News Network and informed world markets and other central banks that the U.S ... The bursting of that bubble resulted in the financial crisis, leading to the bailout of banks and auto manufacturers deemed too big to fail ... central bank ...

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The best laptop for YouTube

Orlando Sentinel 08 May 2021

... pick, the Apple MacBook Pro 16 Inch, never fails to impress, but there are also other suitable options that won't break the bank.

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Mashatile, Mabuza accused of pocketing ANC donations

Mail Guardian South Africa 08 May 2021

Two sources with intimate knowledge of the matter told the Mail & Guardian that the two senior politicians received at least $2-million from donors but the money failed to make it into the Luthuli House bank account ... “The president has rescued Luthuli House by paying staff salaries and its debts several times ... RELATED ... Subscribe to the M&G.

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Neymar signs new PSG contract and closes door on Barcelona return – but Messi reunion ...

Russia Today 08 May 2021

PSG have confirmed that Brazilian superstar Neymar has signed a new contract with them until 2025 ... Neymar ... It is a real pride to be part of this team ... 🗣 Riyad Mahrez ... 🇧🇷🏁 ... ❗️ Neymar Jr ... Cash-strapped and banking on both player sales and the fruition of the failed European Super League to make big signings, however, any potential reunion was a pipe dream.

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President Bio appoints former public official accused of corruption as new finance minister

Sierra Leone Telegraph 08 May 2021

It will be seen as a slap in the face of the international community in Sierra Leone, who have and are investing so much in improving governance in a country that is not far from being ascribed the title once again of a failed State. The likes of the World Bank and IMF will soon ...

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United KingdomActivist Bramson abandons tussle with Barclays, selling stake

Reuters 07 May 2021

When Sherborne first invested, Barclays had been under pressure to bolster profits after Staley's aggressive push in investment banking since he joined in 2015 failed to significantly lift returns ... "The war is over," wrote Ian Gordon, a banking analyst at Investec.

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CIB begins campaign on new banking code of ethics

Joy Online 07 May 2021

The Chartered Institute of Bankers Ghana has begun a massive campaign to sensitize members on the newly introduced Code of Ethics for the banking industry ... We are keen on ensuring this work in our banks, and we will not spare any one that fails to sanitize he industry,” she said.

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Activist Bramson abandons tussle with Barclays, selling stake

Metro USA 07 May 2021

When Sherborne first invested, Barclays had been under pressure to bolster profits after Staley’s aggressive push in investment banking since he joined in 2015 failed to significantly lift returns ... “The war is over,” wrote Ian Gordon, a banking analyst at Investec.

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Bombay HC grants bail to 3 independent directors of PMC Bank

Hindustan Times 07 May 2021

The Bombay high court (HC) on Wednesday granted bail to three former independent directors of the scam-hit of Punjab and Maharashtra Cooperative (PMC) Bank ... The Bombay high court (HC) on Wednesday granted bail to three former independent directors of the scam-hit of Punjab and Maharashtra Cooperative (PMC) Bank.

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Facing foreclosure, Patrick Daley Thompson turned to clout’s piggy bank

Chicago Sun-Times 07 May 2021

Patrick Daley Thompson repaid a past-due loan to a troubled Bridgeport bank after getting a loan from another Bridgeport bank — one that prosecutors say he didn’t sign any papers promising to pay back ... The first story in the Sun-Times investigation of the failed Bridgeport bank Washington Federal Bank for Savings, published March 4, 2018.