scandal

Facebook Stock Hits Two-Year Low

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

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. Get...

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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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UK To Allow More SMBs To File Bank Complaints
UK To Allow More SMBs To File Bank Complaints
October 16, 2018  |  B2B Payments

The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16)....

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EU Probes Regulator Oversight On Danske Money Laundering Scandal
EU Probes Regulator Oversight On Danske Money Laundering Scandal
October 09, 2018  |  Legal & Regulation

The European Union’s (EU’s) banking supervisor wants to know more about how Denmark’s financial watchdog supervised Danske Bank, which is being investigated by the U.S....

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Brighterion CEO: Why It’s Time To Break The AML Fraud Prevention Tech Rules
Brighterion CEO: Why It’s Time To Break The AML Fraud Prevention Tech Rules
October 08, 2018  |  Cybersecurity

Sure, the continuing-to-unfold scandal at Danske Bank has been shocking. However, as Akli Adjaoute, founder and CEO of Brighterion, tells Karen Webster, it’s not really...

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OCC Unhappy With Wells’ Response To Auto Lending Scandal
OCC Unhappy With Wells’ Response To Auto Lending Scandal
October 04, 2018  |  Legal & Regulation

The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been...

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Wells CEO Says He’s In For The Next Decade
Wells CEO Says He’s In For The Next Decade
September 24, 2018  |  Personnel

Wells Fargo Chief Executive Tim Sloan told Bloomberg late last week that he plans to stay on at the company for the next decade. According...

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