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...Authorities alleged that most of the loan was actually diverted to eight other Videocon accounts....
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...“Because we do not charge late fees or other hidden charges, our success is aligned with consumers successfully managing their finances and responsibly extending access to credit,” Affirm told the Financial...
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...Lynch, who sold his software company Autonomy to Hewlett-Packard for $11.7bn in 2011, faces charges that he falsified Autonomy’s accounts in the two years before the deal....
...Users with Amazon accounts could walk in, pick up a sandwich and walk out again, letting the store’s cameras and sensors track them and charge their account....
...Cashier-less “just walk out” technology that uses videos and sensors to track customers and automatically charge their accounts is being removed from some Fresh stores....
...accounts....
...However, the UK operations have struggled since the takeover, reporting a £1.5mn loss in the year to March 2023, according to accounts filed at Companies House....
...The low-profile company has occasionally found itself in the spotlight, notably in the 1990s when ADM pleaded guilty to charges it fixed the prices of lysine and citric acid in a case that resulted in prison...
...Trafigura paid that sum to one of the co-conspirators, who then paid the money into a Hong Kong account for the ultimate benefit of Petrobras officials....
...Ocado argued these factors should be taken into account when measuring Ocado Retail’s performance last year....
...JPMorgan chief financial officer Jeremy Barnum told analysts that customers were moving more money to accounts that offered higher savings rates, eating into the bank’s margins from lending....
...Once you include the voting proxy arrangement that co-founder and chief executive Steve Huffman has with other investors, he will account for about 46 per cent alone....
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...But if you transfer money directly into someone else’s bank account, your bank will only refund you if you can prove that you were not unduly negligent. For years, Which?...
...corruption charges....
...Paul Killik is founder and senior executive officer, Killik & Co...
...Analysts expect charge-offs — losses on loans marked as unrecoverable — in the first quarter will jump to about $6.7bn collectively at JPMorgan, BofA, Citi and Wells, up from $3.85bn a year earlier....
...That’s as tough as they could take it, especially when the $50mn personal fine is also taken into account....
...figure would drop by about 2 per cent this year to around $88bn, as growth in loans partially offset the twin impacts of a shift from rate rises to rate cuts and savers moving money to higher-paying deposit accounts...
...“When I was in charge, we just recruited male college athletes,” he says. “I didn’t even think about diversity, we were just growing quickly and it wasn’t front of mind.”...
...Lynch, who sold the company to Hewlett-Packard for $11.7bn in 2011, faces charges that he falsified Autonomy’s accounts in the two years before the deal....
...They can also be hugely expensive: the up to three arbitrators that preside over a case can charge hundreds of dollars an hour....
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