Female Employees File Lawsuit Against Bank of America March 31 2010‚ three female Financial Adviser filed a national class action lawsuit against Bank of America and Merrill Lynch alleging sex discrimination. The New York Times reports that the lawsuit‚ which was filed in New York‚ claims that the companies have violated several federal and New York state laws‚ including Title VII of the Civil Rights Act of 1964 and the New York State Human Rights Law. Employment lawyer Kelly M. Dermody says
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Case 9 Horniman Horticulture 1. The financial performance of a company can be determined by analyzing different financial ratios. The Horniman’s company financial performance looks strong and healthy if one looks at their 2005-projected financial summary net profit of 60.8 thousand dollars. Also they have a steady growth and increase from 2002 to 2004 in their revenue‚ profits and assets. In addition‚ Exhibit 2 demonstrates that all but one financial ratio supersede the benchmark for other horticultural
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The Case for Repositioning a Bank Introduction/Facts of the Case ANZ bank is over 170 years old providing a range of banking and financial products and services to more than 5.7 million retail customers on a global scale (case). . Offering 817 branches and 2600 automated teller machines (ATMs) all over Australia‚ ANZ is ranked in the top 4 banks in Australia along with Commonwealth Bank of Australia‚ National Australia Bank Ltd (NAB) and Westpac Banking Corporation. This report will identify
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Philippine Airlines Lucio Tan‚ the owner and Chairman of Philippine Airlines (PAL) was faced with a problem. Despite unacceptable levels of profitability‚ higher levels of passenger boardings for the summer of 1997 indicated that a sharp increase in staffing levels was required. Faced with this request from his management team‚ Mr. Tan‚ having heard of some effective consulting work carried out by Renoir Consulting in the Philippines‚ asked Renoir to conduct an assessment of his Manila operation
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1. Should Alpen Bank launch a credit card? And how would the credit card opportunity compare to focusing on core business of banking service? Considering the economic and market conditions explained in the case as well as the cost revenue analysis‚ Alpen should launch a credit card. * The rapid economic growth has led to higher incomes which have increased the proportion of middle class and upper-middle class in the society. This growth has also led to an increase in disable incomes‚ means
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CIVL 1101 Problem Solving - Chapters 5-6 1/8 Generating Solutions “Nothing is more dangerous than an idea‚ when it is the only one you have.” Generating Solutions Once you have defined the problem you want to make sure you generate the best solution. Perseverance is perhaps the most notable characteristic of successful problem solvers‚ so you shouldn’t become discouraged when solutions aren’t immediately evident. Many times mental blocks hinder your progress toward a solution. What is the
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Nick I‚ Herbert A‚ Zachary C 10/8/14 Financial Markets and Institutions Central Bank Case 1) The federal funds rate is the term coined to describe the interest rate at which depository institutions lend and borrow overnight funds‚ which are maintained at the Federal Reserve‚ to one another. The official website of the Fed states that “By trading government securities‚ the New York Fed affects the federal funds rate‚ which is the interest rate at which depository institutions lend balances to each
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Chloe Hedrin and Herbal Solutions; claim of copyright infringement by Nuway DATE: November 16‚ 2004 ISSUE Will Herbal Solutions be able to claim a fair use defense under 17 U.S.C. § 107 when they are a “for profit” corporation‚ they have created a parody of Nuway’s ad campaign to market their own product‚ and as a result of their parodic marketing promotion‚ Herbal Solutions increased sales for Natra Tab tremendously? SHORT ANSWER Probably Not. Herbal Solutions does claim to educate
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CASE PROBLEM: President’s Advisors President gets advice from his pool of advisers every time he needs to make a decision. He has 13 top advisers that he really relies on. But if all of them are involved in any decision‚ they always end up in an argument where more often than not‚ the final decision is not achieved. To resolve this‚ a scheme was devised where only 5 of the 13 will be randomly chosen to decide on a certain matter. They achieved this by having the 13 advisers arrange themselves
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Case 8.2 Northwest Bank Developing Expectations for Analytical Procedures Analytical procedures are used for many purposes‚ such as to understand the clients industry or business‚ assess the entity’s ability to continue as a going concern‚ and to indicate the presence of possible misstatements. The audit approach for Northwest Bank calls for the audit team to gain assurance on the fairness of loan interest income primarily through the performance of analytical procedures. Additional detailed
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