OpenAI is shaking up its corporate structure to bring in new investors and accelerate the development of artificial general intelligence (AGI). During a Monday press call, OpenAI announced it is ...

- Proposed Structural Realignment Intended to Realize Additional Shareholder Value, Further Mitigate Risk and Reduce Corporate Costs - LONDON, ON, May 29, 2025 /CNW/ - VersaBank (VBNK), a North ...

Publicly, OpenAI has said it needs to secure more investment, and that its current structure is holding it back. "We once again need to raise more capital than we'd imagined," OpenAI wrote in ...

US retail chain Wallmart lays off 1500 staff to 'simplify' its structure. Walmart plans to cut 1,500 corporate roles to simplify its structure and boost innovation amid rising tariff costs.

VersaBank Plans Structural Realignment To Mitigate Risk, And Reduce Corporate Costs May 29, 2025 — 09:03 am EDT Written by RTTNews.com for RTTNews -> ...

VersaBank, which runs a branchless business-to-business banking model in Canada and the U.S., said Thursday that it plans to realign its structure with a standard framework of a U.S. bank.

“This organizational structure positions the Commercial Bank for future growth and opportunity.” Kevin Khanna will lead the new structure as the Head of Corporate & Investment Banking.

VERSABANK ANNOUNCES INTENTION TO REALIGN CORPORATE STRUCTURE TO STANDARD US BANK FRAMEWORK. PR Newswire . Thu, May 29, 2025, 4:00 AM 11 min read. In This Article: VBNK ...