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Robocash’s license revoked for operating unauthorized branches—SEC
The Securities
and Exchange Commission (SEC) of the Philippines revoked the license of Robocash Finance
Corporation for running several branches that are not approved by the authorities.
Robocash...
Bank of England presscon hacked, hedge funds benefited
The Bank of England’s security was breached as an audio of its press conference got hacked and was accessed by high-speed traders, minutes before the scheduled broadcast, in their attempt to make a profit advantage. Reports claim that having advance access to the audio feed of BOE Governor Mark Carney could have given hedge funds […]
“Smear campaign” against Emirati products shut by Dubai
The Dubai Media Office (DMO) has forcefully shut what it considered as a systematic smear campaign against products that were manufactured at the Jebel...
Payroll firm probed for hiding tax payments
Another financial sector is under fire for its own financial scandal. The payroll processing industry is being investigated by federal regulations for withholding tax...
HSBC Bank in shaky relationship with Chinese Government
HSBC bank is in trouble with the Chinese government after it was learned they turned over documents to the US government in its prosecution...
Sweden’s largest pension fund calls on governance code amendments to reflect...
Sweden’s largest pension fund "Alecta," through its chief executive Magnus Billing, wants the corporate governance code to reflect meaningful corporate cultures and strong values.The...
RAM Ponzi victims go after New Zealand ANZ Bank
Victims of the Ross Asset Management ponzi scheme have been
given the green light to pursue a mutli-million-dollar lawsuit against New
Zealand ANZ Bank by the...
Still no boss for Wells Fargo Bank
Wells Fargo & Co. Bank is in a quagmire as to who will
they chose the new CEO of their bank. With the abrupt leaving...
Two more international banks tied to Huawei technologies case
The US Citigroup Inc. and French bank BNP Paribas were reportedly involved in the escalating trade war of the US and China.
The recently released...
European Raiffeisen Bank International and Danske Bank investigated for money laundering
The continuing bank scandal that hit Deustche Bank has now
expanded to two more European banks. Austria Raiffeisen Bank International
Estonian branch and Denmark’s Danske Bank...
