General Electric announces leadership for upcoming spin-off By … – Investing.com Australia

Reuters. NEW YORK – General Electric Co. (NYSE:) has laid out the leadership framework for its impending corporate split, which will see the establishment of two distinct entities, GE Vernova and GE Aerospace, by the second quarter of 2024. In a strategic move to streamline its business, GE announced on Tuesday that Stephen Angel will…

Details

Paylink and Salary Finance launch debt consolidation product – Finextra

Paylink, a leader in the financial technology sector, is proud to announce its groundbreaking product, ReFi – a unique, safe and secure automated debt consolidation solution which, since its inception has saved Salary Finance customers over 10 million in interest payments. ReFi, piloted by leading financial wellness platform, Salary Finance, is the first True Debt…

Details

Jones Day Taps Ashurst for Munich Restructuring Partner – Law.com International

Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…

Details

Jones Day Taps Ashurst for Munich Restructuring Partner – Law.com International

Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…

Details

CA Gov Warns of Debt-Relief Scams Amid Financial Struggles – Mirage News

Innovation, Science and Economic Development Canada Unregulated debt advisors are targeting indebted Canadians with promises of a quick fix, charging unnecessary fees for debt-relief services they are not authorized to provide. The Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) want to help Canadians avoid debt-relief…

Details

Insolvencies jump 18 per cent in October as high rates squeeze firms – Yahoo Finance UK

UK firms have struggled this year with the Bank of England’s high interest rates and weak consumer spending The number of firms going bust in England and Wales has jumped yet again as the higher-for-longer interest rate environment continues to put pressure on businesses and consumers. Monthly data from the Insolvency Service showed there were…

Details

Jones Day Taps Ashurst for Munich Restructuring Partner – Law.com International

Jones Day has strengthened its restructuring practice in Germany with the hire of a partner from Ashurst. Alexander Ballmann specialises in insolvency and restructuring proceedings, as well as distressed M&A transactions, and will join the US-based firms business restructuring and reorganization practice in Munich. Alexander has deep roots here in Munich, and is generally regarded…

Details

Singapore disputes boutique Fortress Law launches | Asian Legal … – Legal Business Online

Four lawyers, including two directors, of Singapore law firm Kalco Law have left to launch a disputes-focused boutique in the city called Fortress Law. The new firm, which focuses on civil and commercial disputes, criminal defence litigation, insolvency and family law work, will be led by directors James Ow Young, Trent Ng and Mark Yeo.…

Details