scandal

Warren Bashes Wells, Equifax In Iowa Speeches
Warren Bashes Wells, Equifax In Iowa Speeches
January 08, 2019  |  Politics

Senator Elizabeth Warren didn’t hold back during her first trip to Iowa, going after Washington for being “corrupt” and “beholden to giant corporations.” In addition,...

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Zuckerberg Suspended Facebook Share Sale In Q4
Zuckerberg Suspended Facebook Share Sale In Q4
January 04, 2019  |  Facebook

Mark Zuckerberg chose to not sell a single Facebook share in the last quarter of 2018. According to a Bloomberg report, this was the first...

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Wells To Pay $575M Over Customer Abuse Claims
Wells To Pay $575M Over Customer Abuse Claims
December 28, 2018  |  Bank Regulation

Wells Fargo, implicated in a far-reaching banking scandal where it was accused of creating fake accounts and charging customers for services they didn’t sign up...

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Denmark Demands Danske Bankers ‘Be Held Accountable’
Denmark Demands Danske Bankers ‘Be Held Accountable’
December 20, 2018  |  Security & Fraud

Denmark wants the former Danske Bank employees who were recently arrested to “be held accountable” for their actions. Earlier this week, eight people in Estonia...

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Germany Pushes For Commerzbank, Deutsche Merger
Germany Pushes For Commerzbank, Deutsche Merger
December 13, 2018  |  Banking

The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. According to Bloomberg, sources have revealed that officials — including Finance Minister...

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Deutsche Bank’s Exposure Grows In Danske Money Laundering Probe
Deutsche Bank’s Exposure Grows In Danske Money Laundering Probe
December 06, 2018  |  Security & Fraud

Deutsche Bank’s exposure to the Danske Bank money laundering scandal has increased after the bank found it processed an additional €31bn of suspicious funds for...

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Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
December 04, 2018  |  Security & Fraud

The center of the money laundering investigation at Deutsche Bank lies at a tiny unit that was barely able to eke out a profit and...

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From Friend’s Grandpa To Hip Elder Brother: Banks As Consumer Trust Anchors
From Friend’s Grandpa To Hip Elder Brother: Banks As Consumer Trust Anchors
December 03, 2018  |  Security & Fraud

Almost five years ago (on Dec. 19, 2013), Target was breached. Roughly 40 million consumer credit cards were hacked, and the public outcry of shock...

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Nissan’s Ghosn Gone Amid Improper Payments Scandal
Nissan’s Ghosn Gone Amid Improper Payments Scandal
November 30, 2018  |  B2B Payments

Nissan has voted to oust Chairman Carlos Ghosn from his position in the wake of alleged fraud. Beyond those headlines, Australia urgently warns of BEC...

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