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AI in regulation to be strategic priority for Basel Committee 3 hours ago The Basel Committee on Banking Supervision is today publishing its work programme for 2021-22. The work programme sets out the strategic priorities for the Committee over the coming year and reflects the outcome of a recent strategic review by the Committee to ensure that it continues to effectively promote global financial stability and strengthen the regulation, supervision and risk management practices of banks worldwide.
Buffets were closed around the US, effectively shutting the chain down.
The chain created virtual drive-thrus to restart business.
Golden Corral made an unorthodox move for a buffet chain and added drive-thrus at some locations during the pandemic, but the drive-thrus are very different from the industry standard, CEO Lance Trenary told Insider.
In 2020, buffets were virtually outlawed overnight, Trenary said, and none of Golden Corral s nearly 500 locations were allowed to open dining rooms in the early days of the coronavirus pandemic. With off-premise sales making up less than 3% of business, the chain had to make updates, fast. To do that, Golden Corral looked at restaurants with multiple access points curbside, drive-thru, and delivery were all alternative ways customers could buy food without dining inside.
Citigroup to withdraw retail banking division from 13 markets, including Vietnam 20:57 | 16/04/2021
Citigroup â the parent firm of Citibank â has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa, including Vietnam.
Citigroup will exit its consumer franchises in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam.
The bank will instead operate its consumer-banking franchise in these regions from four wealth centres in Singapore, Hong Kong, the United Arab Emirates, and London, according to its announcement.
According to
Bloomberg, Citigroup will continue to provide financial services focusing on institutional clients, which houses the private bank, cash-management arm, and investment-banking and trading businesses.
It s Time For Bold Executive Action To Transform Retail And CPG forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.