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Evelyn de Rothschild left bank in 2004 after sexual misconduct complaint

TheGuardian

Rothschild & Co investigated complaint against the late financier in 2003 and he left shortly afterwards The financier Sir Evelyn de Rothschild left the bank that bears his family name in 2004 after an investigation into a sexual misconduct complaint, it has emerged. Continue reading.

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PayPal Launches Cashback Credit Card

Bank Innovation

The card will be issued by Stamford-based Synchrony Bank, which has partnered with PayPal since 2004. exclusively for PayPal members in a effort to increase usage in online and physical stores. The card offers 2% cash back on all purchases, with […].

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PayPal Sells Consumer Loans to Long-Time Partner Synchrony Financial

Bank Innovation

Synchrony Bank has been PayPal’s banking partner since 2004. Yesterday, the San Jose, Calif-based PayPal said it agreed to sell $5.8 billion in consumer credit receivables to Stamford, Conn-based Synchrony Bank, a unit of Synchrony Financial. In addition to selling its credit […].

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Rothschild braces for more ‘skeletons in the cupboard’ over conduct of late chair

TheGuardian

The memo, to be sent to staff on Wednesday morning, would admit for the first time that their celebrated former leader, Sir Evelyn de Rothschild, had left the bank in 2004 after an allegation of sexual misconduct. Continue reading.

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NYC Taxi Commission Accused Of $810 Million Fraud

PYMNTS

James is alleging that the TLC had a hand in inflating the price of thousands of medallions over a 14-year period, 2004 to 2017, sometimes by more than 200 percent. The price of an individual taxi medallion sold at an auction skyrocketed 240 percent from 2004 to 2014, from $283,300 to $965,000.

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Reserve Bank of India Says It’s Exploring Possibility Of Digital Rupee

PYMNTS

In addition, the RBI might try to expand adoption of crypto by targeting people born between 1982 and 2004, which has been considered “the generation which is most responsive to technology and digital age,” according to the report. According to Cointelegraph there has been a 12.5 percent and 4.5

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Alibaba’s Ant Group Produces Preparatory Regulatory Filing For Intended IPO

PYMNTS

The firm runs online payment service Alipay that was introduced in 2004 and has reportedly grown into the biggest payment and lifestyle platform in the world. It was previously noted that the firm is aiming to increase its valuation to over $200 billion by selling from 5 percent to 10 percent of its shares in the offering.

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