Business A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan. 16 May 2019 12:56AM Bookmark WASHINGTON: A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.Joseph Otting, the Comptroller of the Currency (OCC), told Congress he would use special legal powers that the regulator typically reserves for overseeing financially troubled lenders to review any proposed candidate.But Otting said he does not plan to make findings from the review public, despite pressure from U.S. Senator Elizabeth Warren who pressed him on the issue during a hearing before the Senate Banking Committee."At this point in time I do not have plans to … [Read more...] about US bank regulator will vet next Wells Fargo CEO
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BANGI, Selangor: Parti Keadilan Rakyat's president Anwar Ibrahim said on Wednesday (May 15) that he will discuss the succession plan with Prime Minister Mahathir Mohamad, with the latter playing the role of a statesman after stepping down. Speaking to reporters at the sidelines of the National Youth Convention 2019, Mr Anwar said the details of the succession plan, including the dates would be agreed between them. “I have no problem at all as Dr Mahathir has a role to play now and must be given space."Even if I take over the leadership, Dr Mahathir will still play the role of a statesman as he has contributed much to the country," said the prime minister-in-waiting, adding that communication between the two of them has been happening "in a good manner".Dr Mahathir, who led Pakatan Harapan (PH) to a shock victory in the last general election, is back to helm the country as the seventh prime minister. Prior to the election, PH said Dr Mahathir would be … [Read more...] about Mahathir will play statesman role when I become PM, says Anwar
By Caitlin Kenny The Kit Tues., May 14, 2019 Ever find yourself dreaming of a side hustle? Or maybe you’re already grinding it out for your fledgling company. Starting your own business promises a fun, exciting career — but getting there isn’t easy, a truth known well by Canada’s top female founders. Here, the minds behind Mejuri, Nudestix, Moroccanoil, Therma Kota and Michi share their best advice on how to be an entrepreneur in the fashion and beauty industry. Mejuri co-founder Noura Sakkijha The backstory: It was natural for Jordan-born Noura Sakkijha to get into the fine jewelry game, with her parents and grandparents already in the biz. But that’s where she split with the traditional: She set her sights on shaking up the industry. “Usually, jewelry brands talk to men buying for women; collections are barely refreshed throughout the year; and there is this huge assumption that jewelry is a purchase that requires an … [Read more...] about Want to start your own biz? These founders have advice
MANILA, Philippines — Most can attest to moms being the nurturers of families, and providers of affection, love and care. But through the years, they continue to reinvent themselves — breaking stereotypes in society, taking on multifaceted roles, and showing strength amid tenderness. So when it comes to making and saving money, moms surely can. In celebration of Mother’s Day, meet two moms who have bravely stepped up, brought their A-games, and raised their children while providing for their families. Mommy Chrys: The wise spender Chrys learned to be a wise spender by minimizing spending in small things that add up. Photo Courtesy of Chrys Esguerra del Monte Imagine separating from your husband at the height of the Asian Financial Crisis — a period that gripped most of East and Southeast Asia in the late 90s — with two very young daughters to raise alone. Sounds difficult? Maria Chrystia Esguerra del Monte, now 50, went through all these … [Read more...] about When it comes to saving, managing and growing money, moms can!
MANILA -- All set to celebrate Mother’s Day this weekend? If we go by foot traffic in shopping malls, the number of gifts being wrapped in stores, lack of parking spaces near restaurants and packed tables at dining places, this special occasion is one of the most-celebrated by Filipinos of all ages. And why not? Most of us have mothers who have cared for us from the womb and continued to hold our hand whether we were toddlers, teens, in our 20s, 30s, 40s and older. As you toast the woman that shaped who you are today, take time to remember the many life lessons she has shared with you through the years. Looking back, I marvel at how my mom managed to do it all. She did not have a full-time job and instead chose to stay home to raise two daughters. She was the primary caregiver, cook, tutor, handy(wo)man, shopping companion among many more roles that I saw her perform everyday growing up. Now that I am raising two daughters, I am grateful that she has given me a strong role … [Read more...] about News Mothers know best (even when it comes to money)