U.S. state and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Standard Chartered has announced that it has reached final settlements with the Office of Foreign Assets Control ('OFAC'), the Federal Reserve Bank of New York, the Department of Justice and the New York County District Attorney’s Office regarding historical sanctions compliance and U.S. dollar payment practices primarily between 2001 and 2007.
Man Group has announced that Peter Clarke, Chief Executive, has advised the company of his intention to retire and to step down from the Board on 28 February 2013.
The Shift From East to West - Chinese Investment In North America (Infographic)
Google's web-based email service, Gmail, crashed on Monday afternoon with widespread outage reported around the world.
Google's Gmail briefly went down Monday and its Chrome browser repeatedly crashed, users reported.
Twitter confirmed Sunday that Instagram disabled its integration for Twitter, meaning previews of Instagram images are no longer visible via the social network.
The Securities and Exchange Commission has announced charges against eight former members of the boards of directors overseeing five Memphis, Tenn.-based mutual funds for violating their asset pricing responsibilities under the federal securities laws.
Wait for it......
Royal Bank of Scotland does not yet have a date when its new chairman, Sir Howard Davies, will join its board, after announcing he would not take up his seat as planned on Tuesday this week.
It was too good to be true.
Houlihan Lokey has announced that it has acquired MESA Securities (MESA), a leading New York-based independent advisory firm that provides mergers and acquisitions, corporate finance, and other strategic advisory services to clients in both traditional and digital media and entertainment. The transaction closed on June 19, 2015.