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...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
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...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...Conducting its audit of Aegean’s 2016 results, PwC sent staff to verify the existence of four important customers and found that one address did not exist and two were residential buildings with no businesses...
..., claimed Apple’s service meets the qualitative thresholds of the act....
...The data, a snapshot of the health of the housing market, suggests the residential market is recovering as the squeeze from higher borrowing costs seen over the past two years eased....
...In its complaint, the FTC argued — as expected — that the tie-up would lead to higher prices, plus lower product quality and services for consumers....
...Within a decade, Morgan Stanley had spun off Discover as a standalone consumer enterprise, acknowledging the benefits of the combination were not there....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
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...“And [they are] emblematic of what the DMA is supposed to deliver when it comes to choice for consumers.”...
...They send it to us because we provide a service, we provide better prices, right? The marketplace has created this unbelievable ecosystem, and it will continue to do it in asset classes around....
...In a board meeting last month, an executive at the $105bn Ohio Public Employees Retirement System said the generous return on private credit may shrink as competition intensifies....
...Rightmove said the number of days it took to find a buyer rose from 37 in 2022 to 59, and agents and developers spent more on marketing and other services....
...“Ricky has a deep knowledge of our business and a firm belief in the quality of our operations and substantial growth opportunities,” said Entain’s chair Barry Gibson....
...“Taking the long-term view, we will be able to service information needs in a deeper way, and I am pretty excited about what’s ahead.”...
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...Selling to consumers online, Ola Electric has suffered customer complaints about delayed deliveries and problems with its aftersales service....
...Politics: Donald Trump-favourite Bernie Moreno competes against Matt Dolan and Frank LaRose to be Senate nominee in the battleground state of Ohio....
...Best known for backing fast-growing technology and consumer companies such as Alibaba and Joe & the Juice, General Atlantic has recently sought to broaden its offerings beyond its flagship growth equity...
...X, the service formerly known as Twitter, only represents a tiny fraction of the vast digital advertising market....
...Consumer spending weakened from 3.8 per in the first quarter, as spending on services slowed....
...Under Nygaard-Andersen, Entain has made 11 bolt-on acquisitions of gaming companies, with varying degrees of success....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
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