BANKRUPTCY
China Evergrande Group Files for Bankruptcy in US
One of China’s largest real estate developers, China Evergrande Group has filed for bankruptcy in the US (New York) as Chinese property sector struggles.
COMPLIANCE
Goldman Sachs Looks at Hiring Spree
After rounds of layoffs, Goldman Sachs is now looking at a hiring spree in a different area, compliance. With a tougher regulatory climate for banks, compliance is big part of avoiding hefty fines. (BTW, if you want to move into this field, check this out).
BANKING
Bank of Ireland Gives Away Money
Bank of Ireland’s online app “glitched” and allowed customers with no money in an account to make transfers and withdraw money. The bank has stated it will still debit the money from customers accounts, so technically, no, it’s not free money.
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