06:31 AM EDT, 09/05/2024 (MT Newswires) -- (Updates with Robinhood's comment in the last paragraph.) California Attorney General Rob Bonta said Wednesday it has reached a $3.9 million settlement with Robinhood's (HOOD) cryptocurrency division for not letting customers withdraw their digital assets from their accounts from 2018 to 2022, and for not disclosing details of its trading and order handling...

TORONTO, Sept 5 (Reuters) - Canadian lender CIBC named Jon Hountalas vice chair of North American banking on Thursday as three other executives take over his current duties as head of Canadian banking, effective Nov. 1. Canada's fifth largest lender had named Chief Financial Officer Hratch Panossian as head of its Canadian personal and business banking unit in April. Hountalas'...

06:30 AM EDT, 09/05/2024 (MT Newswires) -- Apollo (APO) said Thursday it has agreed to acquire equipment leasing company Beequip from NIBC. Netherlands-based Beequip has a current portfolio of 1.4 billion euros ($1.55 billion) and 700 million euros annual run-rate originations, Apollo said. The deal is expected to close before year-end 2024, subject to customary closing conditions. Terms of the...

COPENHAGEN/LONDON (Reuters) -Norway's wealth fund will back a proposal demanding Nike consider whether binding agreements with workers would improve its ability to address human rights issues when sourcing from high-risk countries, the fund said on Thursday. Ahead of the sportswear giant's annual shareholders' meeting next Tuesday, the support of the $1.7 trillion fund, Nike's ninth-biggest shareholder, is a significant boost...