Funding & Business
Customers Bank CEO: Anticipating Rate Cut
Customers Bank CEO Sam Sidhu tells Open Interest he’s expecting a stronger half of 2025 thanks to stronger pipelines. He says customers are optimistic and eager for a rate cut. (Source: Bloomberg)
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Former Virgin Australia Holdings Ltd. Chief Executive Officer Jayne Hrdlicka left the airline with a final package of A$50 million ($33 million), a windfall that makes her one of the country’s best-paid leaders.
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As Hungary embarks on building railways that link car factories to new markets in western Europe, the country is turning to financing in China.
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Sime Darby Bhd., one of the main dealerships in China for BMW AG, expects things to get worse before sales of the German luxury vehicles rebound in the cut-throat Chinese auto market.
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