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LONDON (Reuters) - Britain’s TSB was hit by another technology glitch on Monday, the latest since a botched IT upgrade in April resulted in one of the country’s worst banking outages. TSB chief executive Paul Pester was criticized by lawmakers over his handling of the crisis, which has cost its Spanish parent Sabadell (SABE.MC) more than 200 million euros ($232 million) and damaged TSB’s reputation. The outage, which the bank said hit online and mobile banking, prompted some customers to say they would switch banks.
“We’d like to apologize for any inconvenience this may cause,” gold money clip with mercury dime cufflinks a TSB spokeswoman said, adding customers were able to use their cards as normal, A small number of customers were affected and by the middle of the day the vast majority were able to log in as normal, she told Reuters by phone, The spokeswoman said the problems were unconnected to planned maintenance work that took place on Friday and declined to say exactly how many of the 1.9 million customers who use TSB’s digital banking services were affected..
Some took to Twitter to say that the latest problems marked the last straw after April’s outage left many unable to access their accounts for days. Some specific services are still not back to normal. “How do I complain in writing via email about you locking me out of my account again,” said one customer, Maggie Morrissey, in a tweet. “This is the finish, I will switch to HSBC..”. Another customer, Matthew Nowicki, said he had not been able to see one of his accounts since April.
BEIJING (Reuters) - The CEO of JD.com Inc (JD.O), Richard Liu, has returned to China, the Chinese e-commerce giant said on Monday, days after he was arrested by police in the U.S, city of Minneapolis on suspicion of criminal sexual conduct and later released, Police said gold money clip with mercury dime cufflinks an investigation was ongoing, JD.com, has said that the accusation against Liu, 45, was unsubstantiated, “He has been released without any charges, and without requirement for bail, Mr, Liu has returned to work in China,” the company said in a brief statement late on Monday, referring further questions to two U.S.-based lawyers representing Liu..
The lawyers, based in Minneapolis, could not immediately be reached by Reuters for comment. Minneapolis police said on Sunday that “an active investigation” was underway, although it was possible for the billionaire founder of the firm to leave the United States. Reuters has not been able to reach Liu for comment. “We don’t know if there will be charges or not because we haven’t concluded an investigation,” John Elder, a spokesman for the Minneapolis Police Department, told Reuters on Sunday. He declined to provide details of the arrest.
In addition to making gold money clip with mercury dime cufflinks Liu the highest-profile Chinese businessperson to be accused publicly of sexual misconduct, the case has raised concerns that loss-making Nasdaq-listed JD.com could face difficulties making decisions due to its unusual governance structure, The company is backed by Walmart Inc (WMT.N), Alphabet Inc’s (GOOGL.O) Google and China’s Tencent Holdings (0700.HK), JD.com’s rules require Liu, who holds nearly 80 percent of the company’s voting rights, to be present at board meetings for the board to make decisions, although it was not immediately clear if he has to be physically present or could participate by teleconference..
“I’m not aware of any other company that has similar rules,” said Chris Leahy, co-founder of advisory firm Blackpeak and a corporate governance expert. “If the board isn’t quorate without Richard Liu, if he is unable to attend, and if there are no other provisions that offer a way round that, the company could become ungovernable,” he said. The Financial Times, citing two people with direct knowledge of the matter, reported that the case involved Liu, who is a student in the University of Minnesota’s doctor of business administration program, and a Chinese student at the university.
While the doctoral program primarily takes place in Beijing in partnership with the prestigious Tsinghua University, the students were in the Twin Cities last week as part of their training, According to its website, the program is designed for top-level executives working in China, and the average age of participants is 50, The complaint against Liu gold money clip with mercury dime cufflinks was made just before midnight local time on Friday, and he was released just after 4 p.m, on Saturday, according to the Hennepin County Sheriff website..
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