whatsapp Tags: NULL Share CITIGROUP chief executive Vikram Pandit was among the executives named in a fraud case registered by the Indian police yesterday. The bank has been accused of investment fraud by one of its New Delhi customers, Sanjeev Agarwal, who put the cost of the alleged fraud at around 324m rupees (£4.6m) in a written complaint. The bank said in a statement that it identified a fraud and immediately reported it to regulators and law enforcement agencies. It added that the claims against senior executives “are completely without basis and we intend to contest them vigorously”. A Citigroup employee in New Delhi was arrested last month and has been suspended by the bank. The police said yesterday that they had registered the case and will investigate the charges. Show Comments ▼ whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition KCS-content Tuesday 4 January 2011 8:32 pm Citigroup’s Indian investment bank branch accused of fraud
CRDB Bank Plc (CRDB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2005 interim results for the third quarter.For more information about CRDB Bank Plc (CRDB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the CRDB Bank Plc (CRDB.tz) company page on AfricanFinancials.Document: CRDB Bank Plc (CRDB.tz) 2005 interim results for the third quarter.Company ProfileCRDB Bank Plc is a wholly-owned private commercial bank in Tanzania offering a comprehensive range of retail, commercial, corporate, treasury, premier and wholesale microfinance services. The company has an extensive infrastructure of branches, ATMs and deposit and mobile terminals and uses a vast network of Fahari Huduma agents which are microfinance agents. The retail division offers financial solutions which range from current and fixed deposit accounts to home purchase and construction loans, refinancing and cash back services. The corporate division provides financial service across the board; including documentary collection, letters of credit, guarantees, structured trade finance, treasury services and foreign exchange risk management. Established in 1996, CRDP Bank Plc has three subsidiary companies; CRB Bank Plc Burundi, CRDB Microfinance and CRDB Insurance Brokers.CRDB Bank Plc is listed on the Dar es Salaam Stock Exchange
Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Should I buy Coinbase stock after its share price crash? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon has no position in any shares mentioned. The Motley Fool UK owns shares of and has recommended Tesla. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Edward Sheldon, CFA | Monday, 24th May, 2021 | More on: COIN Enter Your Email Address Simply click below to discover how you can take advantage of this. See all posts by Edward Sheldon, CFA In mid-April, Coinbase (NASDAQ: COIN) went public via a direct listing. In an article on the day of the listing, I said I was going to leave the stock on my watchlist, due to its high valuation.That was the right move, in hindsight. Since then, Coinbase’s share price has fallen from $328 to $224. That’s a decline of about 30%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Has the share price pullback changed my view on Coinbase? Let’s take another look at the stock.Coinbase stock: is it a buy?In my last article on COIN, I said there were several things I liked about the company from an investment perspective. Today, I still see things I like.One that appeals to me is it’s essentially a play on the crypto industry as a whole. As a crypto-asset exchange, it’s going to generate revenues from traders no matter whether crypto assets are in favour and no matter whether they’re rising or falling. If we assume crypto’s here to stay (and that’s a big assumption, in my view), Coinbase should do well in the long run.Another thing I like about Coinbase is it continues to grow at a fast pace. Below are some key metrics for the first quarter of 2021. In Q1, both revenue and net income climbed significantly. Meanwhile, verified users jumped 30% over the quarter. It’s worth noting that, unlike many other high-growth stocks, Coinbase is profitable (at the moment).Source: CoinbaseAdditionally, we’re seeing some positive sentiment towards the stock from brokers right now. Analysts at Wedbush, for example, recently initiated coverage with an ‘outperform’ rating and a $275 price target.Finally, Cathie Wood has been loading up on Coinbase stock recently. Given Wood’s track record in the technology space, I see this as a positive.RisksI still have some concerns about COIN stock however. One is that revenues (and the share price) are going to fluctuate a lot.Coinbase’s revenues are influenced by the prices of Bitcoin and other crypto assets which, in turn, are influenced by influencers such as Elon Musk. When Musk tweeted that Tesla would no longer be accepting BTC, Coinbase stock was hammered. That’s not ideal from an investment point of view. I like to invest in companies that are in charge of their own destiny.Another concern is in relation to long-term profitability. Coinbase has historically generated high revenue and been profitable during periods of strong crypto-asset prices. However, it has lost money when prices are low.A third concern is insiders may continue to offload stock. With a direct listing, insiders aren’t obliged to hold on to their stock for a certain period of time, like they are with an Initial Public Offering (IPO). Insiders have already dumped a lot of Coinbase stock ($4.6bn worth in the days after the direct listing), but they may not be finished selling. This could put further pressure on the share price.A final concern is the stock’s valuation. Currently, the company has a market capitalisation of $47bn. That still seems high to me.Coinbase stock: my move nowWeighing everything up, I’m going to keep COIN on my watchlist for now. At this stage, I’m still not convinced that the risk/reward proposition is attractive.
Immigrant farmworkers demonstrate in Foggia on Wednesday for better working conditions.By Gerhard FeldbauerAfter the death of 12 farmworkers in a traffic accident in southern Italy on Aug. 6, hundreds of migrant farmworkers walked off the job there. The USB trade union federation called for the strike.In a “march of red caps” — a reference to the covering which the workers usually use to protect themselves from the blazing sun — the protesters went to the prefecture [representing the national government] in the city of Foggia and demanded decent working conditions. At a demonstration by the CGIL, CISL and UIL trade unions in Foggia, member of parliament Roberto Speranza, who is also chairperson of the left-wing movement “Free and Equals” (LeU), expressed his solidarity with the migrants.Michele Emiliano, president of the regional government of Puglia and a member of the Democratic Party (PD), supported the strike as “a step against exploitation.”The workers who were killed were all from countries outside the European Union. They were crammed into a small truck which hit a tomato transporter truck head on. The apparently overtired drivers of both trucks also died.Two days earlier, four Africans were killed and four others seriously injured in a similar collision. The left-leaning daily Il Manifesto commented that these accidents once again showed how migrants in southern Italy have to work under inhumane conditions and how they are held as slaves.In Puglia, harvesters, mainly from Africa, but also from Poland, Bulgaria and Romania, have to work up to 12 hours a day in the scorching summer heat of over 40 degrees Celsius [104 degrees Fahrenheit]. They live in slums without running water or toilets and have no health care. Women workers are exposed to sexual harassment and violence.As the daily La Repubblica, published in Rome, reported, most of the workers are subject to what is known as a “caporalato” system of organized, undeclared work. They often earn little more than 1 euro per hour, while the standard wage is six times higher. In addition, a part of the workers’ income is deducted as rent for miserable shelters.The number of farmworkers exploited in this way is estimated at around 100,000 in Puglia alone. According to the CGIL, if the regions of Campania and Sicily are included, at least half a million people are illegally employed in grape, olive and orange harvesting; tomato, onion and strawberry fields; and peach and apricot plantations.Meanwhile, racism continues to spread, fueled by the Italian government. La Repubblica reported a new incident: On Aug. 7, on the Trenord regional train between Milan and Cremona, the train engineer called on the loudspeaker for “Gypsies [sic], beggars and other troublemakers” to leave the train.Citing police information, the Italian news agency ANSA reported on Aug. 9 that two 13-year-olds admitted having fired two shots at a Gambian man in Pistoia in northern Italy on Aug. 2. The boys said it was an empty pistol and they “just wanted to scare” the Gambians. According to reports, the boys also racially insulted the 24-year-old man.This article was published on Aug. 11 in the German newspaper Junge Welt. Workers World Managing Editor John Catalinotto translated it.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Data Provider Black Knight to Acquire Top of Mind 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago HSBC National Mortgage Settlement SunTrust 2016-12-14 Kendall Baer in Daily Dose, Featured, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / SunTrust Misses the Mark Print This Post Previous: Reducing Habitually Delinquent Properties – A New Year’s Resolution? Next: Didn’t Like October’s Foreclosure Spike? Here’s Good News… An independent monitor for the 2012 National Mortgage Settlement (NMS) has issued a report that SunTrust has fallen short in the progress with the NMS requirements, while HSBC’s first monitor report has passed with flying colors.The NMS was originally finalized in April 2012 between 49 states and the District of Columbia, the federal government, and five banks and/or mortgage servicers (Bank of America, Citi, JPMorgan Chase, Ally/GMAC, and Wells Fargo). As part of the agreement, the five servicers were required to provide $20 billion in consumer relief and $5 billion in other payments.SunTrust became party to the NMS in June 2014 when it settled with the DOJ for $968 million to resolve claims that the bank engaged in improper mortgage origination practices as well as servicing and foreclosure abuses.Joseph A. Smith, Jr., monitor of the National Mortgage Settlement (NMS), reported that SunTrust failed one test during the first quarter of 2016 related to the collection of default-related fees including property preservation fees, valuation fees and attorneys’ fees.This report was also the first monitor report after HSBC reached a settlement of $601 million with the DOJ, HUD, CFPB, Federal Reserve, and 49 states in February of this year over claims similar to that of SunTrust.According to Smith, HSBC did not fail any of the Monitor’s tests on compliance for this first report. Additionally, the servicer has been credited with $222,601,311 in consumer relief towards its total obligation of $370 million, says the report.“HSBC has completed 60 percent of its consumer relief obligation and did not fail any of its tests during the first half of 2016 on how it communicates with and treats borrowers,” says Smith. “SunTrust failed one metric in the first quarter of 2016 related to the collection of default-related fees. I will continue to monitor HSBC and SunTrust’s compliance with the NMS servicing standards and will report on my review to the Court and the public in early 2017.” SunTrust Misses the Mark Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Kendall Baer Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: HSBC National Mortgage Settlement SunTrust Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago December 14, 2016 1,096 Views The Best Markets For Residential Property Investors 2 days ago Related Articles Share Save Subscribe
Man arrested on suspicion of drugs and criminal property offences in Derry RELATED ARTICLESMORE FROM AUTHOR Facebook Previous articleAffidea plan to provide private Urgent Care Centre in LetterkennyNext articleNew Eastenders images show Phil Mitchell and his dying mum Peggy on a trip down memory lane admin Facebook By admin – May 12, 2016 NewsPlayback Pinterest A 15 Minute Programme presented by Chris Ashmore every Thursday at 7.05pm highlighting all that’s happening in the farming community.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/05/Farming7.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp 365 additional cases of Covid-19 in Republic WhatsApp Pinterest Main Evening News, Sport and Obituaries Tuesday May 25th Highland’s Farming News – Thursday 12th May Twitter Google+ Twitter 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal Google+ Gardai continue to investigate Kilmacrennan fire
Montgomery County Correctional Facility(PHILADELPHIA) — He’s been known on TV as Dr. Cliff Huxtable in “The Cosby Show,” Alexander “Scotty” Scott in “I-Spy,” and the title character in the cartoon series “Fat Albert,” but on Wednesday morning Bill Cosby started his first full day as inmate No. NN7687.Cosby woke up in a cell about the size of a walk-in closet at the State Correction Institute Phoenix, a sprawling prison in Collegeville, Pennsylvania.“He was in good spirits last night, as reported by the staff at the prison,” Amy Worden, a spokeswoman for the maximum-security lockup, told ABC News on Wednesday.Far beyond the razor-wire fence of the penitentiary, efforts were underway to erase Cosby’s celebrity status.The Los Angeles Urban Policy Roundtable presented the Hollywood Chamber of Commerce with a petition on Monday signed by thousands of people who want Cosby’s star removed from the Hollywood Walk of Fame.“The campaign to have Cosby’s star removed from Hollywood Boulevard has garnered thousands of signatures in the past three years and hundreds more have signed after his conviction,” Earl Ofari Hutchinson, president of the roundtable, said in a statement.“By keeping the Cosby star and ignoring the demand of thousands for removal the Chamber violates its own rules that an honoree must make worthy contributions to the community,” he said. “Cosby’s horrendous documented sexual abuses hardly qualify as worthy contributions to the community.”Hollywood Chamber of Commerce officials said that despite the petition Cosby’s star, which was unveiled during a ceremony in 1977, will remain intact.“The Hollywood Walk of Fame is a historical record of entertainment figures past and present. Once installed, the stars become part of the historic fabric of the Walk of Fame, a ‘designated historic cultural landmark,’” the chamber said in a statement.Cosby’s star was vandalized earlier this month when someone used a black marker to scrawl the words “serial rapist” on it.Cosby arrived at the prison on Tuesday evening just hours after being sentenced to three to 10 years of “total confinement” and being designated by a judge as a “sexually violent predator” for drugging and sexually assaulting Andrea Constand at his suburban Philadelphia mansion in 2004.Once he arrived at the 1 million-square-foot prison, a state-of-the-art $400 million maximum-security facility opened earlier this year, the 81-year-old entertainer was handed a blue prison uniform, a pair of boots, toiletries, towels, and linens for his prison cell bunk bed, officials said.His first meal in prison Tuesday night consisted of meatballs, rice, potatoes, and green beans, Worden said.The prison is only 25 miles from Cosby’s mansion in Elkins Park, Pennsylvania, but his new digs don’t include the luxury amenities the multi-millionaire is used to.His prison cell measures 7-by-13 feet with a 10-foot ceiling and is furnished with a bunk bed, a desk and stainless steel toilet.The 81-year-old Cosby, who is legally blind, is in a cell adjacent to the prison infirmary, officials said.“We are taking all of the necessary precautions to ensure Mr. Cosby’s safety and general welfare in our institution,” Pennsylvania Corrections John Wetzel said in a statement Wednesday.Following breakfast at 7 a.m., Cosby was to spend most of Wednesday in meetings, Worden told ABC News.“He’ll start the meetings with medical staff, psychological staff, and the records staff, which is part of the regular intake process for all inmates,” Worden said.He’ll be allowed phone calls and visitation in accordance with prison policy and will be given the opportunity to exercise during his classification process, she said.His first phone call Wednesday morning was to his wife, Camille, said Cosby’s spokesman Andrew Wyatt told ABC News. Cosby assured his wife he is fine and told her not be worried, Wyatt said.He said Cosby’s lawyers are working on an appeal and have asked for a bail hearing, expected to be presided over by the same judge, Steven O’Neill, who sentenced Cosby and denied his request for bail on Tuesday.Cosby will not be put in immediately with the general population of the prison, which has beds for nearly 3,900 inmates, Wetzel said.“The long-term goal is for him to be placed in the general population to receive the programming required during his incarceration,” Wetzel said.The prison is comprised of 31 buildings and ample space for programs to help rehabilitate prisoners.“The program space is especially critical when you think that a third of our inmates are mentally ill, 75 to 80 percent suffer from an addiction issue,” Wetzel said when the prison opened in June. “So, this is a facility that meets the needs, creates a safe and secure environment for staff and inmates. It gives us the ability to really fulfill our mission, which is to have people leave our system better than they came in.”More than 60 women have accused Cosby of sexually assaulting them in attacks dating back to the 1960s.He was convicted in April on three counts of indecent aggravated assault, stemming from his attack on Constand, a former director of operations of women’s basketball at Cosby’s alma mater Temple University who once considered the comedian a mentor.“No one is above the law, and no one should be treated differently or disproportionately,” Montgomery County Judge Steven O’Neill told Cosby before sentencing him on Tuesday as about a dozen women who accused Cosby of sexual assault watched from the Norristown courtroom galleryPrior to being sentenced on Tuesday, Cosby told his legal team, “I’m ready for this,” Wyatt told ABC News.“I knew this was going to happen. This has nothing to do with justice this has to do with the conspiracy to ruin Bill Cosby,” the comedian told his legal team, according to Wyatt. “This was already written in my future that this would happen to me.”Copyright © 2018, ABC Radio. All rights reserved.
Simsbury Police Department(SIMSBURY, Conn.) — Authorities released a gut-wrenching video on Wednesday that shows a Connecticut man entering a police department lobby and confessing to a brutal murder.William Leverett was accompanied by three members of his church last week when he turned himself over to police in Northern Connecticut and confessed to the 2014 stabbing death of insurance exec Melissa Millan, authorities said.Leverett, 27, allegedly walked in and said: “I’m here to turn myself in for the murder on Iron Horse Boulevard almost 4 years ago,” according to authorities. He also admitted to stabbing 54-year-old Millan on Nov. 20, 2014, on a jogging trail, police said. Officials at the Simsbury Police Department, located just outside of Hartford, released video taken from the station’s lobby, showing Leverett and members of the Open Gate Ministries speaking with an officer on the morning of Sept. 19.Leverett seems to walk in calmly but he appears to turn anxious after speaking with an officer near the station’s entrance. He speaks with the officer for about 20 seconds, takes a seat and begins to embrace a woman and the two men accompanying him. The officer walks away and reappears about five minutes later to shake the suspect’s hand and usher him away. Leverett allegedly told police that he didn’t know Millan but approached her because he was attracted to her “physical features,” according to an arrest warrant affidavit.Leverett said he got upset at some point and his “anger escalated,” according to the affidavit.Investigators said he told them that Millan was “way out of my league” and “the next thing he knew he had stabbed her in the chest,” according to the affidavit. Open Gate Ministries pastor Michael Trazinski told ABC News that he was with Leverett when he turned himself in. Leverett had spoken about the crime previously at the church, he said.“We were stunned,” Trazinski said Monday. “We knew what we had to do. Justice needed to be done.”Trazinski’s wife and Open Gate Ministries co-pastor, Colette Trazinksi, described Leverett as a “very helpful” and “faithful member of the church.”Leverett was arraigned on murder charges on Monday. He’s scheduled to return to court on Oct. 9, authorities said. Copyright © 2018, ABC Radio. All rights reserved.
Comments are closed. Women and youngsters top sickness leagueOn 1 Jun 2002 in Personnel Today Sickness absence is concentrated in women workers, those working full-time,those aged under 30 and public sector workers, the Office for NationalStatistics has revealed. Its study, Trends and sources of data on sickness absence, has found thatlevels of longstanding sickness and sickness absence in the general populationhave by and large remained constant for the past 20 years. Almost 2.2 million days were lost to sickness during the autumn of 2001,when the survey was put together, accounting for 2 per cent of the totalscheduled working days at the time. This compared with 1.9 million daysreported the previous summer. The proportion of workers absent for at least one day in the week under thespotlight was 3.4 per cent. In the period under investigation, 3.8 per cent of female employees wereabsent from work in the previous week, compared with 3 per cent for men. The rates were highest among the 25-29 age group for men and the 20-34 and30-34 age group for women. Absence rates for men and women with a limiting longstanding illness were 7per cent and 8 per cent respectively, compared with 3 per cent and 5 per centfor those who did not have an illness. “A number of risk factors have been identified as being related tosickness absence, including overall health, job satisfaction and adverse socialcircumstance,” the report concluded. But, as yet, there were no accurate measures of these factors. “Theidentification of ways to measure these factors, and others which have yet tobe identified, will no doubt improve understanding of sickness absence,”the report added. www.statistics.gov.uk Previous Article Next Article Related posts:No related photos.