Employee anger over pay violations in the restaurant industry may have reached a TIPPING POINT.
a time during an activity or process when an important decision has to be made or when a situation changes completely
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Like Sony, which has declared several security breaches of its networks this year,
Citi has already started to COME UNDER FIRE for not telling customers sooner.
to be criticized
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seesaw
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seesaw
Swap points!
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fairy
Take points!
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25
baam
Lose 15 points!
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Macquarieโs larger global RIVALS such as Goldman Sachs are also facing turbulent
times with some resorting to job cuts to keep costs under control.
a person, company, product, etc. competing with others for the same thing or in the same area
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thief
Give points!
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rocket
Go to first place!
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shark
Other team loses 20 points!
Okay!
lifesaver
Give 20 points!
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Major U.S. banks came under growing pressure from banking regulators to
improve the security of customer accounts after Citigroup Inc became the latest HIGH-PROFILE victim of a cyber attack
attracting a lot of attention and interest from the public and newpapers, television
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The pay agreement was a WATERSHED in the development of the company's labour relations system.
an event or period that is important because it represents a big change in how people do or think about something
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"If a bank can't keep data secure, it's going to have a CHILLING EFFECT not only on the banking industry, but on ecommerce," Rothken said.
a discouraging or deterring effect, especially one resulting from a restrictive law or regulation
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When applying for a loan, customers may be required to prove their ability to repay the DEBT.
the amount of money that is owed by a person, company, country, etc. and that they usually have to pay interest on
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Companies face fines of up to โฌ75,000 for each BREACH of the legislation.
a failure to obey a law or to do what was promised or agreed
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thief
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25
gift
Win 25 points!
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rocket
Go to first place!
Okay!
baam
Lose 20 points!
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15
Removing TOXIC ASSET would also reduce the volatility of banks' stock prices
a financial asset (= something a person or company owns) whose price has fallen by a large amount and that cannot be easily sold
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They were forced to give up their home because they couldn't pay the MORTGAGE.
an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself
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The firm's organizational infrastructure needed a major OVERHAUL.
the act of repairing or improving something so that every part of it works as it should
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Failure to comply with the latest regulations could result in LEGAL LIABILITY if patient health is affected.
responsibility that someone has for their actions, for example the responsibility to pay another person for harm or damage that is a result of these actions
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The state's mining law requires mine operators to COMPLY with local land use regulations,
to obey a particular rule or law, or act according to an agreement