The Royal Bank of Canada fired its Chief Financial Officer Nadine Ahn after an internal probe revealed that she was in an undisclosed personal relationship with another employee that violated the bank’s code of conduct. The investigation was launched after the bank became aware of “allegations” against Ahn. It was concluded that her relationship with
Kirkland & Ellis has hired a finance partner in London from Allen & Overy. Vanessa Xu is a sponsor-facing leveraged finance partner who has been with the Magic Circle law firm for more than 17 years, making partner in 2017. Xu is joining Kirkland in London, the US law firm said in a statement. “Vanessa
Small businesses and nonprofits in 57 Missouri counties can now apply for low-interest federal disaster loans from the U.S. Small Business Administration through the Office of Disaster Recovery. The offer comes after the U.S. Secretary of Agriculture declared the drought in the Midwest an agricultural disaster on March 25. The loans are intended to offset
A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the Securities and Exchange Commission that they misled investors before their stablecoin’s 2022 collapse shocked cryptocurrency markets. The jury delivered the verdict in federal court after a two-week trial after hearing closing arguments earlier in the
A handful of investors claim the notoriously battered NFT sector is showing fresh signs of life after a spectacular fall – and hordes of so-called crypto “goblins” are swarming to events across New York City this week to tout their non-fungible tokens. NFT.NYC, which began Tuesday at the Javits Center and ends Friday, has played
Listen to this article Five hundred businesses have applied for financial assistance stemming from the collapse of the Francis Scott Key Bridge last week, the administrator for the U.S. Small Business Administration announced Thursday. The SBA has deemed mid-Atlantic businesses impacted by the bridge collapse eligible for Economic Injury Disaster Loans (EIDLs) of up to
Published by Jessica Casey, Editor LNG Industry, Thursday, 04 Apr 24 MidOcean Energy, a global LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has announced a strategic investment by
Solana, the cryptocurrency platform that FTX fraudster Sam Bankman-Fried has recommended to his jail guards as a red-hot investment, has become ridden with racist and antisemitic coins. Sleazy crypto entrepreneurs — looking to grab cash in the middle of the massive Bitcoin rebound — are using Solana’s blockchain platform to mint a slew of crypto
Martin Kidston (Missoula Current) The U.S. Department of Transportation on Friday made $2.4 billion available to help local railroads modernize both freight and passenger rail infrastructure, and the Big Sky Passenger Rail Authority may consider several projects. The Consolidated Rail Infrastructure and Safety Improvement program, or CRISI, looks to advance projects that modernize the nation’s
ST. LOUIS — Tina Pennington had only lived in the home on Ohio Avenue a few weeks when the pipes froze and burst. The floor heaters and radiators didn’t work. Pennington called her landlord’s maintenance team and they sent someone who told her the water they added to the kitchen radiator leaked right through. “I’ve