KPT Restructuring opens for business in Sydney – Consultancy.com.au

KPT Restructuring, a new national restructuring and business advisory has entered the market, established in Sydney by Ozem Kassem, Jonathon Parker and Jason Tang. A trio of Cor Cordis partners Ozem Kassem, Jonathon Parker, and Jason Tang have broken away to launch their own consultancy KPT Restructuring, which will provide distressed businesses with restructuring, advisory…

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Germany's last major department store chain files for insolvency protection for the third time – ABC News

Germanys last remaining major department store chain has filed for insolvency protection, its third filing in less than four years, after its owner ran into difficulties BERLIN — Germany’s last remaining major department store chain filed for insolvency protection on Tuesday, its third filing in less than four years, after its owner ran into difficulties.…

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Probe launched into GBG Insurance insolvency | Insurance Business UK – Insurance Business America

Probe launched into GBG Insurance insolvency | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy … Read the full article at: https://www.insurancebusinessmag.com/uk/news/travel/probe-launched-into-gbg-insurance-insolvency-472129.aspx

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More Cardholders Carrying Credit Card Balances In High Rate Environment – Bankrate.com

Tim Robberts/GettyImages; Illustration by Hunter Newton/Bankrate More credit cardholders are carrying card balances from month to month, a recent Bankrate credit card debt survey finds. In November 2023, 49 percent of cardholders fell into this credit card debt revolver category up from 39 percent in 2021 and 47 percent in July 2023. This finding comes…

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Repair Despair: Federal agencies warn about fake for-profit debt relief programs – NBC 15 WPMI

(InvestigateTV) Isabel Patterson self-admittedly struggles with her finances. Ive not historically been great with financial matters, which is why I got into debt, Patterson said. In total, Patterson found herself with more than $25,000 in credit card debt. That, coupled with her mothers encouragement, is why after moving from Washington, D.C. to Richmond, VA, she…

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CFO Playbook: Balancing the budget with a human touch – The CFO

In times of economic uncertainty, companies often resort to cost-cutting measures to maintain profitability and weather the storm. However, traditional approaches to cost reduction can have negative consequences, leading to employee disengagement, reduced productivity, and ultimately, a weaker company. To avoid these pitfalls, leaders must adopt a different mindset and approach to cost managementone that…

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Top financial regulator says debt workout requires active, comprehensive support –

Lee Bok-hyun, chief of the Financial Supervisory Service, speaks during a meeting with heads of financial holding companies to discuss financial affairs for the new year at the Federation of Banks in Seoul, Jan. 9. Yonhap The head of the country’s financial regulator insisted Tuesday that a debt workout program requires support for more than…

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Repair Despair: Federal agencies warn about fake for-profit debt relief programs – Action News 5

(InvestigateTV) Isabel Patterson self-admittedly struggles with her finances. Ive not historically been great with financial matters, which is why I got into debt, Patterson said. In total, Patterson found herself with more than $25,000 in credit card debt. That, coupled with her mothers encouragement, is why after moving from Washington, D.C. to Richmond, VA, she…

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Affimed Announces Leadership Change and Organizational Restructuring – Yahoo Finance UK

Affimed N.V. Dr. Adi Hoess to step down as CEO and Management Board Member Dr. Andreas Harstrick appointed Interim CEO Strategic restructuring reducing headcount by up to 50%, extending cash runway into H2 2025 Go forward organization will focus on advancing clinical programs Company confirms guidance on data readouts for AFM24-102 and LuminICE-203 in H1…

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