U.S. Treasury's Lew faults 'bad behavior' at Wells Fargo

NY (Reuters) – U.S. Treasury Secretary Jack Lew said on Tuesday national regulators had been correct to discipline Wells Fargo & Co for installing sham accounts without clients’ understanding, but stopped in short supply of calling for a clawback of pay from head of the unit where in fact the…

Former AIG chief Hank Greenberg finally continues on trial

Former AIG chief Hank Greenberg finally continues on test Simply Click right here for initial article

Wells Fargo to finish product sales goals for retail bankers

(Reuters) – Wells Fargo & Co , the greatest U.S. bank by market capitalization, said on Tuesday it can eliminate all income goals in retail banking, starting next year. Original source link

Hanjin Shipping protects $45 million, more might take 'considerable time'

SEOUL/SYDNEY (Reuters) – The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to assist unload cargo stranded regarding the distressed shipper’s vessels, a spokesman said, but regulators warned securing further resources might take “time and effort”. Original supply link

Nvidia shows off smaller synthetic cleverness computer system for Baidu car

(Reuters) – U.S. chipmaker Nvidia Corp showed off on Monday an inferior plus efficient synthetic cleverness computer system for self-driving cars, saying it would run Baidu’s mapping and autonomous vehicle technology. Original origin link

UAW will support Unifor in speaks with GM in Canada: UAW president

DETROIT (Reuters) – United Auto staff President Dennis Williams said on Monday the U.S. union will support Canada’s unionized automobile workers during contract speaks with General Motors Co, but declined to express whether the UAW would refuse work at GM flowers in the eventuality of a Canadian strike. Original resource…

Oprah to aid Weight Watchers look for brand new leader after CEO resigns

CHICAGO (Reuters) – fat Watchers Overseas Inc stated its leader, James Chambers, will step-down after September after 3 years on-the-job, and board member Oprah Winfrey will help the dietary plan company seek out his successor. Source website link

HSBC retail mind sees more lender partnerships with monetary technology firms

TORONTO (Reuters) – HSBC’s retail financial and wide range administration mind John Flint expects banking institutions to lover much more with monetary technology (fintech) companies inside coming many years to greatly help meet changing demands from clients. Original resource link

U.S. regulator views no proof of Wells Fargo sales problem at various other banks

(Reuters) – the U.S. regulators just who fined Wells Fargo & Co over abusive sales techniques stated he views no proof of similar problems occurring at various other financial institutions “on almost any systematic foundation.” Supply link

Hanjin's autumn wont fix the worldwide shipping business's ills

CHICAGO (Reuters) – Following the failure of Hanjin Shipping Co Ltd , container shipping prices from Asia towards the United States spiked 50 per cent given that service’s clients scrambled for boats. Few shipping skillfully developed expect those price increases to repair what’s wrong aided by the business. Supply link