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Investors In 19 Countries Sue Danske Bank Over Money-Laundering Scandal

PYMNTS

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its subsequent cover-up. The heart of the investigation lies with over $226 billion in payments that flowed through the bank’s Estonian branch between 2007 and 2015.

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TomTom Sells Telematics Unit In Ongoing Push With Google Maps

PYMNTS

Telematics is a service that helps companies manage fleets in real time, and lets them know the location of each vehicle along with a look into driver behavior. In 2007, at the company’s peak, it was worth about $65 a share. Leadership at TomTom tout the sale as one that will allow it to continue moving forward toward its goals.

Google 136
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Best Community Banks to Work For 2022

Independent Banker

On Thanksgiving 2007, he founded Bank of Montana, which now has one branch and 13 employees. Swenson’s goal has been to create a team of individuals who can manage themselves but also function well together. Our leadership consistently articulates and demonstrates a commitment to being a great place to work.”. One big family.

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The Many Pivots On The Path To A Multi-Million Dollar Skincare Brand

PYMNTS

The product formulation wasn’t easy, but it was manageable and foreseeable challenge. The problem, it turned out, was that in 2007 when this project was first lifting off the ground, regulations in most states made this model basically illegal. With the new leadership, other changes came. of his recommendation.

Branding 108
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Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. Founded in 2007 with a focus on community development, the community development financial institution (CDFI) has goals that extend far beyond its West Coast communities.

Oakland 153
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Employee Retention: Keep the Keepers

Jeff For Banks

million in December 2018, the highest since pre-recession 2007. Best Strategy The best single strategy for employee retention is management attention, according to Bill Conerly , a business economist and former banker. Management and leadership are soft skills that are not on a financial institution's priority list.

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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Howard Yu , LEGO professor of management and innovation and director of IMD’s signature program, Advanced Management Program (AMP), told Karen Webster last month that regulators would soon force Ant to restructure to address such concerns. subprime mortgage industry’s collapse and the 2007-08 Great Recession.

US 168