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Lang Liu - 1 Liu - 1 dr . Joanna Sadler - 1
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Hong Kong Universitatea din Edinburgh
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8 mentions found


☆ TD, other banks reach $1.35 bln settlements to end Stanford litigation
  + stars: | 2023-02-27 | by ( Jonathan Stempel | Industry Insight | Recommended Change Management Practices To Plan | ) www.reuters.com   time to read: +2 min
Feb 27 (Reuters) - Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who accused them of contributing to the imprisoned financier's massive Ponzi scheme. Canada's Toronto-Dominion Bank <TD.TO> will pay $1.205 billion, HSBC Holdings Plc (HSBA.L) will pay $40 million and Independent Bank Group Inc (IBTX.O) , formerly Bank of Houston, will pay $100 million. They avert a trial that had been scheduled for Monday in Houston federal court, where TD, HSBC and Independent Bank were the last remaining defendants. Two other defendants, France's Societe Generale SA (SOGN.PA) and Mississippi-based Trustmark Corp (TRMK.O), settled for a respective $157 million and $100 million earlier this year. Independent Bank expects to recognize a $100 million first-quarter expense for its settlement, a regulatory filing shows.
☆ TD Bank reaches $1.2 billion settlement in Ponzi scheme lawsuit
  + stars: | 2023-02-27 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +3 min
New York CNN —TD Bank will pay $1.2 billion to settle a lawsuit alleging its involvement in an infamous $7 billion Ponzi scheme orchestrated by disgraced financier Allen Stanford more than a decade ago. The lawsuit claimed TD Bank collected these deposits in US and Canadian dollar values and continuously ignored red flags about the Antigua-based bank over the years. “TD provided primarily correspondent banking services to Stanford International Bank Limited and maintains that it acted properly at all times,” the bank said. Additionally, HSBC will pay $40 million and Independent Bank, formerly Bank of Houston, will pay $100 million, the receivership’s counsel confirmed. Societe Generale reached a settlement of $157 million and Trustmark agreed to pay $100 million earlier this year.
☆ Republicans said they chose Trump's DC hotel out of convenience. They've spent almost nothing there since he sold it.
  + stars: | 2023-01-20 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +4 min
GOP officials, politicians and PACS spent millions at Trump International Hotel in DC. Insider corroborated its findings through examining FEC spending records. The Trump International Hotel, housed in DC's famed Old Post Office building, closed its doors in May last year, and reopened as the Waldorf Astoria a couple of weeks later. Workers remove the signage for the Trump International Hotel on Wednesday, May 11, 2022. Since the start of Trump's presidency, GOP figures spent around $2.5 million at the hotel while he owned it, FEC records show.
☆ Arkansas woman is arrested after her 6-year-old son is found dead under the floorboards of their home
  + stars: | 2022-12-19 | by ( Julianne Mcshane | ) www.nbcnews.com   time to read: +1 min
An Arkansas woman and man have been arrested after authorities discovered the potentially months-old dead body of a 6-year-old boy beneath the floorboards of his home on Friday. Officials believe the boy "died from injuries sustained in the home, possibly three months ago," the statement said, adding that the state medical examiner will determine the cause of death. A representative for the state medical examiner could not immediately be reached. Authorities also found Rolland's 6-year-old daughter in the home with what they believe were burns to her scalp. The girl is receiving treatment for her injuries at a hospital in Memphis and is in stable condition, police said.
☆ Arkansas motorcyclist engulfed in 'fireball' after state police shock him with Taser
  + stars: | 2022-10-27 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +2 min
An Arkansas motorcyclist was engulfed in a "fireball" and is recuperating in the hospital after a state trooper deployed a Taser and it hit a gallon of gasoline in his backpack, authorities said. Christopher Gaylor, 38, was struck by the Taser after setting Arkansas troopers on a police chase after him in the early hours of Oct. 13 in Little Rock, state police said in a news release. A trooper tried to initiate a traffic stop, but Gaylor “refused to comply” and kept on driving, reaching speeds approaching 100 mph and ignoring traffic stop signs and lights along the way, state police said. Arkansas State PoliceGaylor eventually made his way toward Interstate 30 and jumped from the motorcycle at a residence along Chandler Street in North Little Rock and fled on foot with troopers following behind. One trooper then deployed his Taser to stop Gaylor.
☆ Data Centers Face Higher Costs, Weaker Demand for Debt That Fueled Sector’s Rise
  + stars: | 2022-10-20 | by ( Kristin Broughton | ) www.wsj.com   time to read: +7 min
The decline in issuance of data-center debt comes as chief financial officers across industries evaluate their funding options amid the Fed’s rate-hike campaign. Within the data-center sector in particular, that calculus for some companies involves assessing whether the timing is right to tap the securitization market despite the higher costs. What’s more, while the data-center sector is much bigger now than it was during the 2007-09 recession, it hasn’t been tested. The securitization market has historically provided Vantage with more money than it has needed to pay down its loans, Mr. Metwalli said. Digital Realty Trust Inc., a publicly traded company in the sector with an investment-grade rating, has avoided the securitization market.
☆ Cercetătorii vor să elimine microplasticele poluante cu ajutorul unor bacterii
  + stars: | 2021-04-28 | by ( ) www.jurnal.md   time to read: +2 min
Sursa foto: libertatea.roCercetătorii vor să elimine microplasticele poluante cu ajutorul unor bacteriiMicrobiologii au găsit o modalitate pentru a îndepărta microplasticele poluante din mediul înconjurător, cu ajutorul bacteriilor, scrie The Guardian. Cercetătorii de la Universitatea Politehnică din Hong Kong (PolyU) vor să folosească această proprietate a bacteriilor pentru a recicla microplasticele din apa poluată. Ele se dispersează în apele reziduale și ajung în ocean, fiind ingerate de animalele marine. Cu toate că sunt o reală problemă, oamenii de știință nu au găsit până acum nici o modalitate durabilă de a elimina microplasticele. Experimentul a fost însă realizat în laborator, nu în condiții reale, în ocean sau canalizare.
Persons: Lang Liu, Liu, dr . Joanna Sadler Organizations: Universitatea Politehnică, Universitatea din Locations: Hong Kong, Universitatea din Edinburgh
☆ Trump's most important 2016 donor is sitting out 2020
  + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +20 min
Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.
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