Search Results for: US Justice Department
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
100 investors lost more than $15 million in stock fraud
March 27th, 2017
The office of the U.S. Attorney for the Southern District of New York has issued an announcement to inform that investment adviser and broker found guilty in Manhattan Federal Court of securities fraud, wire fraud, conspiracy and aggravated identity ...
What You Do On Your Cell Phone Could Come Back To Haunt You
March 20th, 2017
As far as Big Brother is concerned, nothing that you do on your cell phone is ever private. And if the government really wants to see what is on your cell phone, they are going to get that information ...
Air bag manufacturer pleads guilty to fraud; To pay billions in fines
March 2nd, 2017
Japanese automobile parts manufacturer Takata pleaded guilty on Monday to wire fraud arising out of air bag defects that killed 16 people. Takata was sentenced to pay $1 billion in fines, victim compensation and compensation to the auto manufacturers ...
Dow Jones acquires RiskAverter
February 28th, 2017
Dow Jones Risk and Compliance, a leading provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, has completed the acquisition of RiskAverter from U.S.-based Compliance Strategies International, LLC. RiskAverter’s innovative solution enables companies to automate risk “scoring” so ...
Deutsche Bank reports core capital ratio of 11.9% despite 2016 full year net loss of EUR 1.4 billion
February 3rd, 2017
John Cryan, CEO, said: “Our results for the year 2016 were heavily impacted by decisive management action taken to improve and modernise the bank, as well as by market turbulence for Deutsche Bank. We proved our resilience in a ...
Fresh legal challenge over Brexit goes to the High Court
February 3rd, 2017
It is being brought by a group of campaigners who want a “soft Brexit” and to keep Britain in the European single market. They include Peter Wilding, chairman of the pro-Europe pressure group British Influence, who is credited with ...
Is Trump’s immigration order legal?
February 2nd, 2017
Senate Majority Leader Mitch McConnell may have offered the most prescient reaction to President Donald Trump’s executive order suspending refugee resettlement and blocking individuals from seven majority-Muslim nations from entering the United States. “It’s going to be decided in ...
Trump fired top federal government lawyer
January 31st, 2017
U.S. President Donald Trump fired top federal government lawyer Sally Yates on Monday after she took the extraordinarily rare step of defying the White House and refused to defend new travel restrictions targeting seven Muslim-majority nations. It was another ...
More than 25,000 people in UK join legal action against Volkswagen
January 30th, 2017
More than 25,000 British motorists have joined legal action against car giant Volkswagen over the ‘dieselgate’ emissions scandal. Motorists take their fight to the High Court today seeking a green light to proceed with the UK’s first ‘class action’. ...
