Chinese Wealth Manager Claims $490 Million Fraud Behind Missed Repayments

Chinese Wealth Manager Claims $490 Million Fraud Behind Missed Repayments

… of default, Wang Jingbo, Noah's chief executive officer and co-founder, said in an internal memo on Monday that was obtained by Bloomberg News.
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Fraud comes to haunt banks again, albeit with the hope of better recovery

Over the weekend, Punjab National Bank (PNB) declared the now bankrupt Bhushan Power and Steel as a fraud account. The company owes PNB a little over ₹4,000 crore and the lender has reported to Reserve Bank of India a fraud of ₹3,805 crore by the …
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Kohl's now accepting Amazon returns and it's super easy and convenient

In this Aug. 3, 2017, file photo, packages ride on a conveyor system at an Amazon fulfillment center in Baltimore. 0. By Joey Morona, cleveland.com. CLEVELAND, Ohio — Buying things on Amazon is easy. Returning them? Not so much. But that changes …
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UPDATE 1-Roche, Spark push back takeover deadline in $4.3 bln deal

(Adds details about delays). ZURICH, July 8 (Reuters) – Roche and Spark Therapeutics agreed to extend the deadline for the Swiss drugmaker’s $4.3 billion takeover bid for the U.S. gene therapy specialist, Roche said, adding it remains “fully committed” to a …
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Ready To Buy A Home? Understand The Impact Of Your Credit Score First

Back in 2015, Nathan and Kaitlyn Clarke were newly engaged and eager to buy an inexpensive starter home in a small town in Georgia. They were sure their combined income was more than enough to qualify for a mortgage. But then, they got a rude …
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