Search Results for: Justice Department
SEC Goldman Lawyer Says Agency Too Timid on Wall Street Misdeeds
April 9th, 2014
A trial attorney from the Securities and Exchange Commission said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics. James Kidney, who joined ...
Senators accuse GM of illegally hiding ignition-switch flaw
April 3rd, 2014
Lawmakers on Wednesday bluntly accused General Motors of illegally hiding evidence of a deadly ignition-switch flaw for much of the past decade, as GM chief executive Mary T. Barra endured a second day of combative hearings on Capitol Hill. ...
GM Down 14% Shows Barra Challenges From Recalls to China
March 27th, 2014
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 percent since Barra took the helm Jan. 15 through yesterday, ...
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
European stocks steady as focus turns to ECB decision, earnings
April 14th, 2022
European stocks were little changed as investors focused on the corporate earnings season as well as the European Central Bank’s meeting for cues on the path of monetary policy. The Stoxx Europe 600 Index was up less than 0.1% ...
Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries
April 15th, 2021
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...
Paradise Lost
April 8th, 2021
So a single political party gains control of a lockdown-battered country desperate for any and all forms of government spending. Direct payments, loan forgiveness, infrastructure, all of these and more are not just possible, but popular. The president and ...
J.P. Morgan Securities admits to manipulative trading in U.S. Treasuries
September 30th, 2020
The Securities and Exchange Commission announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for fraudulently engaging in manipulative trading of U.S. Treasury securities. J.P. Morgan Securities admitted the findings in the SEC’s ...
Charges in international Binary Options and Digital Asset fraud scheme
May 25th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement early in May to inform about the filing of a multi-million dollar fraud action in the U.S. District Court for the Southern District of Florida, charging three individuals and three companies with ...
Standard Chartered Bank fined for poor AML controls
April 25th, 2019
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed ...
