Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer.
The bank has sufficiently demonstrated improvements in governance and risk management since its 2016 fake-accounts scandal, the Federal Reserve said Thursday.
Numbers shared with the state of Illinois indicate 1,075 people will be let go in May, and another 81 on June 1.
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