LG Electronics explored the idea of an IPO for its Indian unit, aiming to elevate its annual electronics revenue to $75 billion by 2030. CEO William Cho outlined the company’s strategic initiatives and growth in India. The company has seen a notable increase in revenue and net income in the region, supporting its broader objectives.
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Bank of America ordered to pay $540 million in FDIC insurance dispute
- staff
- April 15, 2025
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A US court directed Bank of America to pay $540.3 million to the Federal Deposit Insurance Corporation. This order was regarding underpaid deposit insurance assessments. […]