scandal

German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal

German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
June 23, 2020  |  Regulation

Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed...

READ MORE >
Wells Fargo Pays $3B In Fake Account Scandal
Wells Fargo Pays $3B In Fake Account Scandal
February 21, 2020  |  Bank Regulation

Wells Fargo agreed to pay $3 billion as a settlement with regulators over a scandal involving the creation of fake accounts, according to a report...

READ MORE >
Wells Fargo CEO Reorganizes Business Units
Wells Fargo CEO Reorganizes Business Units
February 12, 2020  |  Personnel

Wells Fargo executive Charles Scharf wants to stamp out any hint of scandal by redoing the company’s reporting lines, splitting the banking giant’s three divisions...

READ MORE >
Credit Suisse CEO Resigns After Spying Fiasco
Credit Suisse CEO Resigns After Spying Fiasco
February 07, 2020  |  Banking

The CEO at the bank Credit Suisse has stepped down after a scandal involving corporate spying, according to a report by CNBC. Get the Full...

READ MORE >
Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

READ MORE >
Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
January 23, 2020  |  Security & Fraud

Africa’s richest woman, Isabel dos Santos, is facing money laundering and mismanagement charges, while a banker implicated in the case — Nuno Ribeiro da Cunha,...

READ MORE >
OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Security & Fraud

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

READ MORE >
New Cambridge Analytica Leaks Uncover Election Influence In 68 Countries
New Cambridge Analytica Leaks Uncover Election Influence In 68 Countries
January 06, 2020  |  Facebook

A newly revealed massive leak by defunct data firm Cambridge Analytica has been exposed via internal documents, showing voter manipulation in at least 68 countries,...

READ MORE >
Walmart’s Santa Sweater Scandal (And The Challenges Of Marketplace Operation)
Walmart’s Santa Sweater Scandal (And The Challenges Of Marketplace Operation)
December 09, 2019  |  Retail

Generally speaking, if a retailer is issuing an apology during the holiday season that features the words “Santa Claus,” “cocaine” and “pants-free” it is safe...

READ MORE >