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Tag: banks
Anheuser-Busch credit union exec calls out banks on taxes
2014-09-15 20:44:02| Beverages - Topix.net
Dave Osborn , president of the Anheuser-Busch Employees' Credit Union, said complaints from bankers about tax exemptions that credit unions receive are hypocritical because banks receive their own massive tax breaks. "Nearly 40 percent of the banks in Missouri and one-third of banks nationally pay no federal income tax," Osborn said.
Tags: credit
union
calls
taxes
New Cibc Ceo announces reorganization of bank's senior executives
2014-09-15 18:29:24| Grocery - Topix.net
Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015.
Tags: senior
banks
ceo
announces
Development banks pledge to step up climate action
2014-09-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The worlds six multilateral development banks promised on Thursday to do more to help emerging nations fight climate change as part of efforts to reinvigorate flagging work on a UN deal to limit temperature rises. In a statement before a Sept. 23 summit on global warming to be hosted by UN Secretary-General Ban Ki-moon in New York, the World Bank and other banks said they had delivered $75 billion in financing since they started joint tracking of funds in 2011. We now pledge to build on our...
Tags: development
action
step
banks
Men's Wearhouse to phase out Jos. A. Bank's 'unsustainable' buy-1-get-some-free deals
2014-09-12 04:51:39| Apparel - Topix.net
New Jos. A. Bank owner Men's Wearhouse Inc. wants to reverse the retailer's strategy of using escalating buy-one-get-some-free promotions and seemingly ever-increasing discounts to drive sales.
World's biggest development banks pledge scale up climate finance
2014-09-12 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Six of the world's largest development banks, including the European Investment Bank (EIB) and the World Bank, have underlined their commitment to delivering climate finance ahead of a major United Nations Summit due to be held in New York later this month. In a joint statement published yesterday, the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD) and Inter-American Development Bank (IDB), as well as the EIB and World Bank,...
Tags: development
finance
scale
banks
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