United KingdomStanChart to cut branch network in half, quarterly profit beats expectations
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A logo of Standard Chartered is displayed at its main branch in Hong Kong, China, Aug. 1, 2017. REUTERS/Bobby Yip
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Standard Chartered PLC (STAN.L)is to reduce its global branch network by half to around 400 to cut long-term costs after the British bank reported a stronger than expected first-quarter profit.
The Asia, Africa and Middle East-focused lender, which had as many as 1,200 branches worldwide in 2014, said on Thursday it will shrink the network to a third of that total as it also gives up office space worldwide.
Michael Reynolds/Pool via AP
In a little-noticed story that broke on Friday night, it was reported that Jennifer Davis, Chief of Staff to UN Ambassador Linda Thomas-Greenfield (pictured above), has been reassigned because her security clearance was revoked.
According to the Politico article, Davis is a career foreign service officer, having worked for 18 years in the State Department with previous assignments in Mexico, Turkey, and Colombia.
The decision to revoke Davis’s clearance came after a three-year administrative investigation conducted by the State Department’s Bureau of Diplomatic Security, which conducts security background investigations to assess whether an individual should have access to classified information.
Isn t it time that Democrats stopped pretending that they care about all lives? americanthinker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanthinker.com Daily Mail and Mail on Sunday newspapers.
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Mar. 14, 2021
Ever since the World Health Organization declared Covid-19 a pandemic, on March 11, 2020, Gulf states have openly favored protecting their own citizens, a tiny minority of their populations, over millions of migrant workers, treating them as a disposable workforce entitled to second-class rights only.
Nowhere is that more visible than in Kuwait. A year into the Covid-19 pandemic, Kuwaiti citizens are jumping the queue to get jabbed before migrant workers, who account for about two-thirds of the 4.5 million-strong population. Kuwait is vaccinating its citizens at six times the rate of migrant workers, despite foreigners living and working in the oil-rich Gulf state accounting for more than half of those registered for vaccination.
Khashoggi documentary and Palestinian film nominated for BAFTAs middleeasteye.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middleeasteye.net Daily Mail and Mail on Sunday newspapers.