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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

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The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. According to the BCG’s “Corporate Banking Executive Survey,” “front-to-back digital transformations” are essential to halt this shrinkage.

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Ex-State Street Execs Charged In Defrauding Scheme

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2010 and Sept. 2011 — added secret commissions to both equity and fixed-income trades for clients of the “transition management” business, a subset that helps clients move portfolios across asset classes or managers or even liquidate large portfolios. The commissions came on top of fees already agreed upon and levied.

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State Street Settles Secret Commission Charges, Pays $64.6M

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Attorney William Weinreb in Boston said in a statement, according to Reuters. In April, prosecutors announced they had indicted two former executives at State Street: Ross McLellan, a former executive vice president, and Edward Pennings, a former senior managing director in the bank’s London office. million (about $37.8

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Cosi Files For Bankruptcy

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According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. Dourney, and several upper-level managers. Share price has been in a consistent march down ever since, falling below $10 a share in 2010 and never getting back above it.

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Walmart Wants To Add $250 Billion In US-Made Products By 2023

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Harold Sirkin, senior partner and managing director at the Boston Consulting Group, who presented a forum on U.S. Sirkin said that in 2010 the typical hourly salary for a worker in the Chinese manufacturing sector was equivalent to about $0.72, but that number has steadily risen to the cost of about $6 per hour now. “To

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The Mall Food Court’s Hall Transformation

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Discussing the move, dell’anima Co-Founder and Managing Partner August Cardona told WSJ , “The economics make a lot of sense. The number of food halls is set to rise: There were only 25 American food halls in 2010, per the Post. As it stands, the chain has locations in cities such as Boston, New York and Los Angeles, among others.

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Does Virgin America Sale Help Or Hinder Discount US Airfare?

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As one 29-year-old Silicon Valley marketing manager and former frequent Virgin flyer told The New York Times : “I think of [Virgin] as a young, hip airline. The number represents the lowest average domestic fare since 2010, adjusted for inflation. Alaska is more of a friendly aunt.”. percent dip from the previous quarter and a 6.2

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