Several lawmakers on Wednesday also questioned why Equifax had been granted a contract with the Internal Revenue Service to help verify taxpayer data. Smith was Equifax's CEO for a dozen years. So far, over 7.5 million people affected by the Equifax breah have signed up for the free monitoring. Politicians from opposing parties have hit out at the IRS for handing the contract to Equifax.
Kumar, who had earlier served as the managing director and chief executive officer of SBI Capital Markets, will begin his tenure on October 7, according to a statement from the Department of Personnel and Training. The interview was conducted by the Banks Board Bureau. Bhattacharya's greatest challenge probably remained tackling the NPA problem, which has plagued most state-owned banks and some private banks.
Paddock killed himself after mowing down the concert-goers. The Philippines' National Bureau of Investigation (NBI) said the FBI, its USA counterpart, had sought help in finding Danley. At this point, Paddock's motive and aims remain a mystery to investigators. Snyder said Paddock had rigged 12 semi-automatic rifles with devices that allowed the guns to fire like an automatic weapon.
Sloan argues that the auto-loan trouble is "quite different" from the fake account scandal , because employees were not incentivized by sales goals to sell vehicle insurance. " Wells Fargo is not going to change with you in charge", said Warren , who noted that Sloan had bragged about the bank's ability to open accounts between 2011 and 2014 and had said its strategy did not need to change months before its 2016 scandal.
Lewis, who joined just before the scandal was uncovered, said paying the 1 pence interim dividend was a key moment. United Kingdom and Ireland operating profits leapt 21% higher to £471 million in its first half, while on a statutory basis, group pre-tax profits rose from £71 million to £562 million.
Amid the changes the auto giant is making are reallocating $7bn of capital from cars to SUVs and trucks and reducing spending on combustion engines and redeploying that into electrification. Signs are growing that Ford is preparing a major electric-car development effort. The company says it plans to build the next-generation Ford Focus for North America in China to save money.