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During 3Q15, $ETFC decided to close brokerage operations at Hong Kong & Singapore, mainly due to higher maintenance cost. $ETFC's business in Hong Kong & Singapore comprised of approx. 25,000 brokerage accounts with assets of around $1.8Bil. During 4Q15, $ETFC also discontinued its FX offerings.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.