by Jyotsna Bucktowar | Jul 10, 2024
Comptroller of the Currency Michael Hsu criticized Citigroup for failing to fully address deficiencies in risk control and data management, urging a refocus and proper resource allocation. Despite CEO Jane Fraser’s noted progress, regulatory issues persist, with...
by Jyotsna Bucktowar | Jul 2, 2024
Parliament passed two Bills amending laws governing CSPs and entities, following a debate where Second Finance Minister Indranee Rajah addressed queries from MPs, particularly regarding the new nominee directorship requirements. Under the new rules, only a corporate...
by Jyotsna Bucktowar | May 28, 2024
People in their 80s are most likely to be targeted by criminals carrying out courier fraud, with this age range accounting for 43 per cent of all victims, data from Action Fraud shows…
by Jyotsna Bucktowar | Nov 29, 2023
Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO where he pleaded guilty to violating the Bank Secrecy Act in federal...
by Jyotsna Bucktowar | Oct 10, 2023
DWS will pay $25 million to settle charges over misstatements regarding its environmental, social, and governance (ESG) investing and failures in policies designed to prevent money laundering. DWS Investment Management Americas made “concerning”...
Recent Comments