Belcash

The finance industry should be cheering the ‘upheaval’ at Beltone

Employees at Beltone SME have reportedly resigned en masse in what Bloomberg Asharq reports is opposition to a restructuring being carried out by the parent company, Beltone Financial. The newspaper claims staff at Beltone’s SME unit handed in their notices after new Beltone Financial owner Chimera Investment kicked off a restructuring plan. Neither company responded…