Forensic audit of Bank Khreschatyk testifies to complicity of bank managers, owners in UAH 2.5 bln loss – Interfax-Ukraine

None 17:26 15.01.2018 The forensic audit of Bank Khreschatyk, which was declared insolvent in April 2016, testifies to the complicity of the bank managers and owners to losses amounting to more than UAH 2.5 billion, according to the Individuals’ Deposit Guarantee Fund’s website. According to the report, the forensic audit of the bank was conducted…

Latvian gov’t fails to strike deal with potential buyer of ailing steelmaker KVV Liepajas Metalurgs – Xinhua

Video PlayerClose RIGA, Jan. 15 (Xinhua) — The Latvian government’s talks with the potential investors of ailing steel firm KVV Liepajas Metalurgs has failed because it has now been decided to split the company’s assets and auction them off. KVV Liepajas Metalurgs is a firm based in the southwestern Latvian port city of Liepaja. Guntars…

Canadians increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills – GlobeNewswire (press release)

MNP Consumer Debt Index – January 2018 Canadians are increasingly pessimistic about their ability to absorb higher interest rates and cover their monthly bills. MNP LTD One in three Canadians say they are unable to cover their monthly bills, up eight points since September. Half are more concerned about their ability to repay debts, up…