Canadian insurer poised to inject new capacity into FI marketplace...
Former executive suing UK branch of Canadian bank for £800,000 over di...
Former executive suing UK branch of Canadian bank for £800,000 over discrimination claims - CityAM
The UK branch of a major Canadian bank is facing an £800,000 discrimination lawsuit from a former executive accusing it of discrimination...
cityam.com /
Article / 3 hours ago
HSBC Suspends Executive Who Downplayed Climate Change: FT - Bloomberg
HSBC Suspends Executive Who Downplayed Climate Change: FT - Bloomberg
HSBC Holdings Plc has suspended executive Stuart Kirk days after he criticized the finance industry for worrying too much about climate change...
bloomberg.com /
Article / 4 days ago
Omar Alami, BNP Banker Fired for Terrorizing Underlings, Wins $1.8 Mil...
Omar Alami, BNP Banker Fired for Terrorizing Underlings, Wins $1.8 Million - Bloomberg
A senior BNP Paribas SA banker fired after being accused of terrorizing subordinates on the trading floor was awarded nearly 1.7 million euros ($1.8 million) in compensat...
bloomberg.com /
Article / 9 days ago
Allianz to pay $6 bln over Structured Alpha fraud, fund manager charged - Reuters
Germany's Allianz SE has agreed to pay about $6 billion and a U.S. asset management unit will plead guilty to ...
reuters.com /
Article / 11 days ago
KPMG faces $18 million misconduct fine for misleading regulator - Business Insurance
KPMG International Ltd. faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators d...
businessinsurance.com /
Article / 14 days ago
Wells Fargo wins dismissal of shareholder suit over commercial lending...
Wells Fargo wins dismissal of shareholder suit over commercial lending - Business Insurance
A federal judge on Friday dismissed class-action claims that Wells Fargo & Co., the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial loans....
businessinsurance.com /
Article / 18 days ago
U.K-Based Cybersecurity Firm Hit with SPAC-Related Securities Suit - D...
U.K-Based Cybersecurity Firm Hit with SPAC-Related Securities Suit - D&O Diary
As I have noted in prior posts (most recently here), one of the most significant recent securities litigation trends has been the number of filings...
dandodiary.com /
Article / 19 days ago
Is Stock Market Rigged? Bill Hwang Arrest Is Start of Trading Crackdow...
Is Stock Market Rigged? Bill Hwang Arrest Is Start of Trading Crackdown - Bloomberg
Federal investigations into questionable trading practices are on the rise—and the fate of Bill Hwang and his firm, Archegos, may await others in the finance industry...
bloomberg.com /
Article / 22 days ago
Morgan Stanley Raided in Frankfurt in Tax Fraud Investigation - Yahoo
Morgan Stanley Raided in Frankfurt in Tax Fraud Investigation - Yahoo
German prosecutors are carrying out a raid on the Frankfurt offices of Morgan Stanley as part of their wider probe into the controversial Cum-Ex scandal...
finance.yahoo.com /
Article / 23 days ago
Proposed SPAC rules may dampen market, encourage insurers - Business Insurance
Proposed U.S. Securities and Exchange Commission disclosure rules for special purpose acquisition companies ma...
businessinsurance.com /
Article / 24 days ago