scandals

UK Financial Watchdog Ramps Up Auditor Oversight
UK Financial Watchdog Ramps Up Auditor Oversight
May 28, 2019  |  B2B Payments

U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over...

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Uber’s First CEO Resigns From Board
Uber’s First CEO Resigns From Board
May 26, 2019  |  Personnel

Uber‘s first chief executive and employee Ryan Graves resigned from the board two weeks after the ride-hailing company went public in what The Financial Times...

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Former Danske Chief Charged In Money Laundering Scandal
Former Danske Chief Charged In Money Laundering Scandal
May 08, 2019  |  Legal

Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Thomas Borgen is the...

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Hecklers Taunt Wells CEO During Annual Meeting
Hecklers Taunt Wells CEO During Annual Meeting
April 24, 2019  |  Banking

Wells Fargo‘s interim CEO faced critics at the company’s annual meeting in Dallas. C. Allen Parker was interrupted more than a dozen times during his...

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Revolut Refines Its Culture As It Seeks Expansion
Revolut Refines Its Culture As It Seeks Expansion
April 23, 2019  |  Digital Banking

Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank....

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Facebook Advertisers Remain Loyal Despite Scandals
Facebook Advertisers Remain Loyal Despite Scandals
April 09, 2019  |  Facebook

CNBC is reporting that despite a year of scandals for social media giant Facebook, advertisers are still flocking to the company, and user base and...

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UK Auditors Questioned Over Role In Combatting Fraud
UK Auditors Questioned Over Role In Combatting Fraud
February 05, 2019  |  B2B Payments

The rash of corporate accounting scandals to hit the U.K. in recent years has spawned a new debate over auditors’ roles in identifying fraud. Reports...

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Zuckerberg To Hold ‘Future Of Tech’ Talks
Zuckerberg To Hold ‘Future Of Tech’ Talks
January 09, 2019  |  Facebook

Facebook CEO Mark Zuckerberg has vowed this year to host public discussions on the future of technology in society. “I’m an engineer, and I used to just build...

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Advocacy Group Says EU’s Tax Haven Blacklist Is Failing
Advocacy Group Says EU’s Tax Haven Blacklist Is Failing
September 25, 2018  |  B2B Payments

Tax havens are typically assumed to be islands in warm climates offering low tax rates for organizations looking for a lucrative loophole. But these “havens”...

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