scandal

Danske Bank Charged In Money Laundering Scandal
Danske Bank Charged In Money Laundering Scandal
November 28, 2018  |  Security & Fraud

Preliminary charges have been filed against Denmark’s biggest lender, Danske Bank, over allegations that it violated the country’s money laundering laws, according to a report...

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IBM CEO Latest To Pile Onto Big Tech
IBM CEO Latest To Pile Onto Big Tech
November 27, 2018  |  Facebook

IBM CEO Ginni Rometty is the latest tech executive to criticize web platforms, such as Facebook and Google, over their data collection practices. Rometty pointed...

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Accounting Expertise In C-Suite Can Compromise Financial Reports
Accounting Expertise In C-Suite Can Compromise Financial Reports
November 26, 2018  |  B2B Payments

It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of...

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UK Parliament Considers Publishing Confidential Facebook Docs
UK Parliament Considers Publishing Confidential Facebook Docs
November 26, 2018  |  Facebook

The U.K. Parliament could release confidential documents on Facebook that it seized, as soon as this week, as the pressure on the social media’s executives mounts...

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Facebook Fights UK Fine For Cambridge Analytica Scandal
Facebook Fights UK Fine For Cambridge Analytica Scandal
November 22, 2018  |  Facebook

Facebook plans to appeal a fine issued by the U.K.’s data watchdog in response to the social media site’s Cambridge Analytica scandal. An estimated 1...

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Goldman Sued Over 1MBD Scandal
Goldman Sued Over 1MBD Scandal
November 21, 2018  |  Security & Fraud

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed...

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Facebook Stock Hits Two-Year Low
Facebook Stock Hits Two-Year Low
November 19, 2018  |  Facebook

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5...

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Danske Scandal Could Involve US Banks
Danske Scandal Could Involve US Banks
November 14, 2018  |  Banking

A lawyer for the whistleblower in the Danske Bank money laundering scandal warns that investigators should look into whether major Western banks were involved. Stephen...

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UK MPs Call For Overhaul Of Business Lending Rules
UK MPs Call For Overhaul Of Business Lending Rules
October 29, 2018  |  B2B Payments

U.K. policymakers, or Members of Parliament (MPs), are slamming financial institutions (FIs) for their treatment of small business (SMB) borrowers, and are calling on the...

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