>>63761 pb
DUNKN22 USAF E-4B Nightwatch departed JBA after arriving last night as GRIM99 from RAF Mildenhall
SEC Investigating Former Chair of Auditing Industry Regulator
The recently dismissed head of the PCAOB is under scrutiny for the handling of internal complaints
The Securities and Exchange Commission is investigating whether the recently dismissed chairman of the auditing industry’s oversight board violated any rules in his handling of internal complaints at the regulator, according to people familiar with the matter.
The SEC’s enforcement investigation is examining the actions of William Duhnke, who was dismissed from his job as chairman of the Public Company Accounting Oversight Board two weeks ago, according to the people. The investigation is the latest sign of trouble for the struggling regulator, which oversees the accounting firms that audit U.S.-listed companies.
Mr. Duhnke, a former senior Republican congressional aide, was appointed by the SEC in December 2017. His tenure was marked by turmoil at the agency, with staff departures and complaints that Mr. Duhnke created “a sense of fear,” according to a whistleblower complaint and people familiar with the situation.
It isn’t clear how the SEC could punish Mr. Duhnke—if an investigation found misconduct—since commissioners already dismissed him. The 2002 Sarbanes Oxley law, which created the PCAOB after the Enron Corp. accounting scandal, gives the SEC authority to censure board members or remove them from office if they shirk their duties or abuse their authority.
The SEC’s examinations arm is also looking into how the PCAOB has been run, including its handling of whistleblowers and other employees, the people familiar with the matter said. Mr. Duhnke allegedly retaliated against employees he disagreed with by forcing them out of their jobs and, in certain cases, making it hard for them to get other jobs in government, whistleblowers alleged. One letter, sent to the PCAOB’s board in May 2019, said it was written by a group of current and former PCAOB employees. They later sent it to the SEC
https://www.wsj.com/articles/sec-investigating-former-chair-of-auditing-industry-regulator-11623943373
SAM391 USAF C-40B departed MacDill AFB after an arrival from Shannon Ireland ground stop and an overnight at MacDill
DUNKN22 USAF E-4B Nightwatch heading back to Lincoln Muni Airport, NA (hone away from Offutt while dat gets re-done)
HSBC to announce sale of French retail banking operations on Friday
HSBC is set to announce the sale of its retail banking operations in France to private equity group Cerberus on Friday, three sources familiar with the matter said, after struggling to offload a business that will need restructuring.
The bank had entered final negotiations with Cerberus several months ago, as part of its efforts to slash costs across the group. A spokesperson for HSBC confirmed that a meeting was scheduled with labour unions on Friday to discuss retail banking operations, but declined to comment further. Cerberus declined to comment. Two of the sources said HSBC was also due to hold a board meeting related to the deal on Friday. Bidders who had circled the business had wanted it to be fully recapitalised and for HSBC to put money into it, sources had previously told Reuters. HSBC is expected to put around 1 billion euros ($1.2 billion) into the business as part of the deal with Cerberus, according to a fourth source close to the matter, echoing reports in French media of an injection of up to 1.5 billion euros. HSBC’s French retail business has 230 branches and employs some 3,900 staff. Lazard is advising on the sale.
https://www.reuters.com/article/hsbc-france-ma/hsbc-to-announce-sale-of-french-retail-banking-operations-on-friday-sources-idUSL2N2NZ1WV
affirmative
from June 3rd
HSBC pulls out of US retail banking market
It said 90 of its banks are to be sold to Citizens Bank and Cathay General Bancorp. HSBC has confirmed plans to exit retail banking in the US as the London-based bank continues its strategy to focus further on growth in Asia.
Shares in the company dipped marginally on Thursday morning after it confirmed it will also exit the small business banking market in the US.
Europe’s largest lender first considered a disposal of the loss-making business last year and the move will aid the company in its plans to make multibillion-pound cost savings.
https://jerseyeveningpost.com/news/uk-news/2021/06/03/hsbc-pulls-out-of-us-retail-banking-market/
Apria Healthcare Inc. sold by Blackstone Group: $ 131.34m-June 14
Apria Completes Secondary Offering of Common Stock
Apria, Inc. (the “Company” or “Apria”) (Nasdaq: APR) announced today the completion of a secondary offering of 5,175,000 shares of Apria common stock by a selling stockholder affiliated with Blackstone at a price to the public of $27.00 per share, including 675,000 shares sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters, resulting in gross proceeds of over $139.7 million. Apria did not offer any shares of its common stock and did not receive any net proceeds from the sale of common stock by the selling stockholder. Citigroup and Goldman Sachs & Co. LLC acted as joint lead book-running managers for the offering. BofA Securities, UBS Investment Bank and J.P. Morgan acted as joint book-running managers for the offering. Piper Sandler, Citizens Capital Markets, Fifth Third Securities, TD Securities, Academy Securities, Blaylock Van, LLC, Penserra Securities LLC and Stern acted as co-managers for the offering.
https://www.marketscreener.com/quote/stock/APRIA-INC-118850404/news/Apria-Completes-Secondary-Offering-of-Common-Stock-35603131/
Apria, Inc. is engaged in providing integrated home healthcare equipment and related services in the United States. The Company offers products and services for in-home care and delivers across three service lines: home respiratory therapy (including home oxygen and non-invasive ventilation (NIV) services); obstructive sleep apnea (OSA) treatment (including continuous positive airway pressure (CPAP) and bi-level positive airway pressure devices, and patient support services); and negative pressure wound therapy (NPWT). The Company also supplies home medical equipment and other products and services to help improve the life for patients with home care needs. It also provides patients with a clinical and administrative support services and related products and supplies, which are prescribed by a physician as part of a care plan. Number of employees : 6 500 people.
https://www.marketscreener.com/quote/stock/APRIA-INC-118850404/company/
https://finviz.com/insidertrading.ashx?oc=1393818&tc=7&b=2