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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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European Stocks Close Mostly Higher On Earnings, Fed Rate Cut Hopes
European stocks closed mostly higher on Wednesday, thanks largely to some strong corporate earnings updates, and expectations of an interest rate reduction by the Federal Reserve in September.
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25 minutes ago
Canadian Stocks Surge Higher Again; TSX Scales New Record High
Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
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1h 14min ago
India Holds Key Interest Rates Steady As Trade Tensions Escalate
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3h 46min ago
Bay Street Looks Set To Extend Upmove
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5h 15min ago
Eurozone Retail Sales Recover In June
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5h 24min ago
Euro Rises As European Shares Traded Higher
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5h 57min ago
Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL
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6h 14min ago
Dynatrace Boosts FY26 Outlook - Update
While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) provided its adjusted earnings and revenue guidance for the second quarter and raised its outlook for the full-year 2026.
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6h 20min ago
