Former drug company CEO charged in $100 million fraud scheme in U.S Reuters WASHINGTON (Reuters) - The former CEO of drug company Inyx Inc has been charged in connection with a fraud scheme that caused more than $100 million in losses and led to the collapse of one of Puerto Rico's largest banks, the U.S. Justice Department said on Friday. ...
Wells Fargo opened bogus small business accounts The Mercury News Wells Fargo opened bogus accounts for small businesses, the bank confirmed Tuesday, and a key U.S. senator opined that fraud is part of the bank’s culture as he demanded information from the bank about the business accounts. | About 10,000 smal...
Weinstein Co. Promotes David Hutkin to CFO The Wrap David Hutkin has been named chief financial officer of The Weinstein Company. | Hutkin has served as TWC’s Executive Vice President of Strategic Initiatives, Investments, and Banking since 2010. At Weinstein, Hutkin negotiated and secured finan...
Scott Garrett misses the target, yet again, in consumer war | Editorial NJ dot com The Consumer Financial Protection Board makes Wall Street lap dogs angry, because the CFPB is far better at its job than Congress. Watch video | Rep. Scott Garrett (NJ-5th) had the Wells Fargo CEO in his crosshairs Thursday, but instead of going afte...
How Deutsche Bank Could Take Down Germany Economy & Markets Daily The first bad news broke following the third quarter of 2015. Deutsche Bank reported a loss of $7 billion. The news just keeps coming with low or negative earnings thanks to bad loans in Germany and abroad. | In my February 19, 2016 edition of The Le...
Wayne Rooney: Fans' jeers for captain 'shocked' England team BBC News Rooney made his England debut at the age of 17 in a 3-1 defeat by Australia in 2003 | England players were left "shocked" after some of the Wembley crowd jeered captain Wayne Rooney during the team's 2-0 win over Malta on Saturday. | Rooney, who has scored one goal in 12 games for club and country this season, was barracked by a small section of th...
Deutsche Bank forced into rethink as strategy overhaul stutters - sources Yahoo Daily News By Arno Schuetze and Kathrin Jones | FRANKFURT (Reuters) - Threatened with a multi-billion-dollar fine from U.S. regulators, Deutsche Bank's management is rethinking elements of its year-old strategic overhaul that has made faltering progress, people familiar with the matter said. | The organisational change, launched in October last year by the th...
