Advertisements


Australia"s ANZ fired senior executives due to bad banking behavior: CEO

Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday......»»

Category: topSource: reutersOct 11th, 2018

Australia"s bruised big banks offered respite in inquiry wash-up

After a year of bruising interrogation, Australia's oligopoly banking system has emerged from a government-appointed inquiry with reputations tarnished and some top executives removed - but also an unexpected opportunity to rebuild......»»

Category: topSource: reutersFeb 8th, 2019

Vertex Pharmaceuticals fires executive for "personal behavior"

Vertex Pharmaceuticals fired one of its longstanding executives after an internal investigation revealed he had violated the company's code of conduct with undisclosed "personal behavior," the company disclosed Wednesday.  The Boston-based biotech com.....»»

Category: topSource: bizjournalsJan 23rd, 2019

Banker Fired For Assisting Tax Evasion, Loses Lawsuit Seeking Unpaid $2.1 Million Bonus

It's hardly a secret that the banking sector encourages nefarious behavior, but generally after it's recognized that you.....»»

Category: blogSource: zerohedgeSep 26th, 2018

Didi Suspends Carpooling Service in China After 2nd Passenger Is Killed - New York Times

New York TimesDidi Suspends Carpooling Service in China After 2nd Passenger Is KilledNew York TimesBEIJING — Didi Chuxing, China's popular ride-sharing service, fired two senior executives and sus.....»»

Category: topSource: googlenewsAug 26th, 2018

How 80-year-old UOB uses AI to anticipate customer behavior

When senior executives at Singapore’s United Overseas Bank began thinking about expansion beyond their native Singapore, they were faced with a conundrum. One the one hand, the third largest bank in SE Asia could try to r.....»»

Category: blogSource: TradestreamingAug 13th, 2018

Australia charges 3 banks plus 6 execs with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 6th, 2018

Australia charges 3 banks plus 6 staff with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 5th, 2018

Australia says banking executives responsible for misconduct could face jail

SYDNEY (Reuters) -.....»»

Category: topSource: reutersApr 18th, 2018

Australia government says banking executives responsible for misconduct could face jail

SYDNEY (Reuters) - Australian T.....»»

Category: topSource: reutersApr 18th, 2018

Timeline: BT bosses in spotlight in Italian accounting scandal

A criminal investigation into accounting fraud inside British Telecom's Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance......»»

Category: topSource: reutersApr 23rd, 2019

Exclusive: British Telecom"s Italian job had London roots, say investigators

A criminal investigation into accounting fraud inside British Telecom's Italian unit has uncovered more evidence of what prosecutors say was the involvement of senior executives in artificially inflating the division’s financial performance......»»

Category: topSource: reutersApr 23rd, 2019

China"s car market to return to growth this year, executives say

China's car market will return to growth in the second half of this year due to government support although the days of high single or double-digit growth are over and consolidation is likely, senior automotive executives said on Tuesday......»»

Category: topSource: reutersApr 17th, 2019

VW says China to become global software development hub to autonomous tech

Volkswagen will use Chinese software developers to help design a global autonomous vehicle architecture thanks to the prevalence of qualified programmers which carmakers are struggling to hire elsewhere, senior executives said on Monday......»»

Category: topSource: reutersApr 15th, 2019

State Street CEO to face Ocasio-Cortez, other banking critics

Ron O’Hanley will appear before a congressional committee alongside the chief executives of some of the country’s largest financial services companies......»»

Category: topSource: bizjournalsApr 10th, 2019

AT&T explores sale of HBO Europe to reduce debt: FT

AT&T has internally discussed about selling its HBO Europe business as the telecom group aims to reduce a debt pile of $170 billion, the Financial times reported, citing current and former senior executives......»»

Category: topSource: reutersApr 10th, 2019

Kroger reorganizes executive leadership

Kroger Co. said Tuesday that it has promoted several executives in support of the grocer's growth plan, Restock Kroger. Mary Ellen Adcock has been named senior vice president of retail operations; Joe Grieshaber has be.....»»

Category: topSource: marketwatchApr 9th, 2019

New Zealand official calls Facebook "morally bankrupt"

New Zealand's official privacy watchdog has described Facebook as "morally bankrupt" and suggested his country follow neighboring Australia's lead by making laws that could jail executives over streamed violence such as the Christchurch mosque shootings......»»

Category: topSource: foxnewsApr 8th, 2019

Australia Passes Law to Punish Social Media Bosses for Violent Posts

Australia passed sweeping legislation Thursday that threatens huge fines for social media companies and jail for their executives if they fail to rapidly remove “abhorrent violent material” from their platforms. .....»»

Category: topSource: moneycentralApr 4th, 2019

Prolific Bay Area developer Carmel Partners adds new executives

One of Oakland's most active developers is bolstering its senior management in the wake of raising a $1.2 billion fund......»»

Category: topSource: bizjournalsApr 1st, 2019

Australia proposes jail time for social media executives who don’t remove violent content

The proposal is one of the most sweeping crackdowns on tech companies’ content moderation efforts that policymakers in a democratic government have ever considered......»»

Category: topSource: washpostApr 1st, 2019