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Vietnam’s Military Bank to raise $240mn

Bloomberg Vietnam’s Military Commercial Joint Stock Bank plans to raise about $240 million from the sale of a 7.5% stake to foreign investors via a private placement, according to people familiar with the matter. The sale of the 7.5% stake, or 141.5 million new shares and 47 million treasury shares, is expected to be completed by the end of this ...

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Viral tweet about Apple card leads to Goldman Sachs probe

Bloomberg A Wall Street regulator is opening a probe into Goldman Sachs Group Inc’s credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card’s algorithms when determining credit limits. A series of posts from David Heinemeier Hansson starting railed against the Apple Card for giving him 20 times the credit limit ...

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Ras Al Khaimah to host Hotel Investors’ Summit in 2020

RAS AL KHAIMAH / WAM The Gulf and Indian Ocean Hotel Investors’ Summit (GIOHIS) in partnership with the Ras Al Khaimah Tourism Development Authority on Sunday announced that the emirate will host ‘GIOHIS 2020’ at Al Hamra International Exhibition and Conference Centre in Ras Al Khaimah on November 23-24, 2020. The Summit is expected to attract 300-350 senior executives from ...

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