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PRA Group Appoints Vikram Atal To Succeed Kevin Stevenson As President And CEO
(RTTNews) - PRA Group, Inc. (PRAA) announced Monday that its board of directors has elected longtime board member Vikram Atal as its president and CEO, effective immediately. Atal replaces Kevin Stevenson, who has served as president and CEO since 2017 and is leaving the company.
Atal joined PRA Group's board in 2015 and served on the audit committee and as chair of the risk committee. Over his 27-year career at Citigroup, he led the North America card franchise and was also vice-chair of Citigroup's worldwide credit card franchise. He also served as a senior advisor to both McKinsey & Company and venture investment firm MissionOG.
Meanwhile, Stevenson co-founded PRA Group along with current PRA Group Board Chair Steve Fredrickson in 1996.
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Hong Kong Shares Expected To Open In The Red
The Hong Kong stock market has finished lower in three straight sessions, slumping almost 1,150 points or 4.3 percent along the way. The Hang Seng Index now rests just above the 25,900-point plateau and it may extend its losses on Wednesday.
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1h 12min ago
Australian Market Slightly Higher
Australian shares are trading slightly higher on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks. Most other sectors are performing mixed.
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1h 19min ago
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Tuesday.
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1h 25min ago
China Stock Market Tipped To Open Under Water On Wednesday
The China stock market has finished lower in three consecutive sessions, slumping more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,940-point plateau and it's looking at another soft start again on Wednesday.
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1h 27min ago
Australia Wage Price Index Climbs 0.8% In Q3
The wage price index in Australia was up a seasonally adjusted 0.8 percent on quarter in the third quarter of 2025, the Australian Bureau of Statistics said on Wednesday - in line with expectations and unchanged from the previous quarter.
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1h 53min ago
Tech Shares May Continue To Weigh On Taiwan Bourse
The Taiwan stock market turned lower again on Tuesday, one day after snapping the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just above the 26,750-point plateau and it figures to open in the red again on Wednesday.
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1h 57min ago
Singapore Shares May Take Further Damage On Wednesday
The Singapore stock market has finished lower in three straight sessions, shedding more than 70 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,500-point plateau and it's expected to open under pressure again on Wednesday.
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2h 27min ago
Japan Core Machinery Orders Jump 4.2% In September
The value of core machinery orders in Japan was up a seasonally adjusted 4.2 percent on month in September, the Cabinet Office said on Wednesday - coming in at 927.8 billion yen.
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2h 28min ago
