The threat of the State-owned Bus Éireann becoming insolvent within the next 18 months is very real, its new acting chief executive has told staff. Ray Hernan also said it was clear the loss-making company had to change its business model. However, he insisted that the Expressway service, the companys commercial inter-city coach service which…
DetailsThe National Bank of Ukraine started the New Year by closing another bank, declaring Platinum Bank insolvent on Jan. 10. At one time it was Ukraines 22nd largest bank in assets. The central bank reported that Platinum Bank had failed to meet recapitalization requirements reached in June. The Deposit Guarantee Fund is obliged to pay…
DetailsBus Éireann’s Acting Chief Executive Ray Hernan has told staff that the threat of insolvency within the next 18 months is very real, but that the loss-making Expressway service will continue to be a part of the organisation. A report commissioned by Grant Thornton had recommended that Expressway be shut down, which could result in…
Details(THINKSTOCK) Health Republic of New Jersey, the co-op insurance company created in response to the Affordable Care Act marketplace that was put into rehabilitation late last year, is now in liquidation, according to documents filed by the state Department of Banking and Insurance last month. The document calls for a termination of the rehabilitation process…
DetailsIndependent senator Rod Culleton has lost his spot in the Senate after he was declared bankrupt by a Federal Court judge. Senate president Stephen Parry has informed Mr Culleton and WA governor Kerry Sanderson there is a vacancy because the former One Nation member has been disqualified from the position as he is an “undischarged…
DetailsNEW YORK, United States In 1990, Julie Mannion and Ed Filipowski, then-employees at fashion public relations firm KCD, were named agency partners. Nearly 30 years later, as the industry continues on a path of rapid transformation, Mannion and Filipowski are doing the same for eight of their most seasoned employees across the globe. And restructuring…
Details2017-01-11T11:37+02:00 11:37 11.01.2017 The Board of the National Bank of Ukraine (NBU) on January 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Wednesday. “As of January 1, 2017, the bank did not reach the positive…
DetailsNathan Saunders had tried to kill himself three times before he was hit by train 20-year-old with five siblings worked in O2 shop and was a ‘bit of a party animal’ But he also had a history of gambling debts and was fatally struck last August Cheshire Coroner ruled he died from multiple injuries after taking…
DetailsRICHMOND (WSLS 10) Virginia Democrats are proposing a way for borrowers to refinance student loans much like you refinance a house. Virginia Democrats said an estimated 629,000 Virginians could benefit from re-financing their loans. Virginians collectively owe more than $30 billion dollars in student loan debt, said Delegate Simon. This is creating a crisis that…
Details(Picture: BBC) EastEnders has been praised for its recent focus on debt storylines and money worries for characters, with leading debt advice provider PayPlan commending the show for linking financial difficulties with mental health in some of its scenes. The most notable plot has seen Lee Carter get further and further into debt which, in turn, has…
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