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Australia"s ANZ fired senior executives due to bad banking behavior: CEO

Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday......»»

Category: topSource: reutersOct 11th, 2018

Australia"s bruised big banks offered respite in inquiry wash-up

After a year of bruising interrogation, Australia's oligopoly banking system has emerged from a government-appointed inquiry with reputations tarnished and some top executives removed - but also an unexpected opportunity to rebuild......»»

Category: topSource: reutersFeb 8th, 2019

Vertex Pharmaceuticals fires executive for "personal behavior"

Vertex Pharmaceuticals fired one of its longstanding executives after an internal investigation revealed he had violated the company's code of conduct with undisclosed "personal behavior," the company disclosed Wednesday.  The Boston-based biotech com.....»»

Category: topSource: bizjournalsJan 23rd, 2019

Banker Fired For Assisting Tax Evasion, Loses Lawsuit Seeking Unpaid $2.1 Million Bonus

It's hardly a secret that the banking sector encourages nefarious behavior, but generally after it's recognized that you.....»»

Category: blogSource: zerohedgeSep 26th, 2018

Didi Suspends Carpooling Service in China After 2nd Passenger Is Killed - New York Times

New York TimesDidi Suspends Carpooling Service in China After 2nd Passenger Is KilledNew York TimesBEIJING — Didi Chuxing, China's popular ride-sharing service, fired two senior executives and sus.....»»

Category: topSource: googlenewsAug 26th, 2018

How 80-year-old UOB uses AI to anticipate customer behavior

When senior executives at Singapore’s United Overseas Bank began thinking about expansion beyond their native Singapore, they were faced with a conundrum. One the one hand, the third largest bank in SE Asia could try to r.....»»

Category: blogSource: TradestreamingAug 13th, 2018

Australia charges 3 banks plus 6 execs with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 6th, 2018

Australia charges 3 banks plus 6 staff with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 5th, 2018

Australia says banking executives responsible for misconduct could face jail

SYDNEY (Reuters) -.....»»

Category: topSource: reutersApr 18th, 2018

Australia government says banking executives responsible for misconduct could face jail

SYDNEY (Reuters) - Australian T.....»»

Category: topSource: reutersApr 18th, 2018

Lloyds Bank hires Morgan Stanley banker Chalmers as CFO

Britain's biggest mortgage lender Lloyds Banking Group has hired senior Morgan Stanley banker William Chalmers as its new chief financial officer......»»

Category: topSource: reutersFeb 15th, 2019

Twitter Accused of Bias in India

Twitter (TWTR) senior executives coul.....»»

Category: personnelSource: nytFeb 14th, 2019

Does Jeff Bezos’s behavior put Amazon at risk?

Jeff Bezos’ explicit selfies and public attack on the National Enquirer make him part of the club of tech executives behaving badly. But his troubles aren’t likely to roil Amazon - at least for now......»»

Category: topSource: washpostFeb 8th, 2019

Four senior executives leave AutoNation amid restructuring, bleak outlook

(This January 7 story corrects headline to clarify four senior executives are leaving the company, not its four top executives.).....»»

Category: topSource: reutersFeb 4th, 2019

Australia vows to clean up financial sector after landmark misconduct inquiry

Australia's corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector recommended by a high-powered independent inquiry into financial sector greed and malpractice......»»

Category: topSource: reutersFeb 4th, 2019

Australia bank inquiry does not recommend individual criminal charges

A powerful public inquiry into Australia's finance industry referred 24 instances of bad corporate behavior to regulators for possible prosecution but did not suggest any individuals be criminally prosecuted in its final report released on Monday......»»

Category: topSource: reutersFeb 4th, 2019

Australian banking inquiry recommends new watchdog for regulators

Australia's corporate and prudential regulators must undergo regular, rigorous assessments under an independent oversight body, a powerful review of the country's banking sector recommended in its long-anticipated final report on Monday......»»

Category: topSource: reutersFeb 4th, 2019

Australia to overhaul regulators after landmark banking inquiry

Australia's corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector designed to combat the excessive greed and unethical practices that have engulfed some of the country's biggest financial institutions......»»

Category: topSource: reutersFeb 4th, 2019

GM meets with lawmakers over racism allegations at Ohio plant

Senior General Motors Co executives met this week with Ohio's two senators and other lawmakers on Capitol Hill after African American employees sued the automaker accusing it of allowing a racially hostile work atmosphere......»»

Category: topSource: reutersFeb 1st, 2019

FHFA head offers olive branch to Congress on privatizing Fannie Mae, Freddie Mac

In a letter obtained by MarketWatch, the acting director of the Federal Housing Finance Agency on Wednesday wrote to senior Democrats on the Senate Banking Committee, offering to wo.....»»

Category: topSource: marketwatchJan 30th, 2019

Telling Fired Journalists "Learn To Code" Is Now "Abusive Behavior" On Twitter

Telling Fired Journalists "Learn To Code" Is Now "Abusive Behavior" On Twitter.....»»

Category: blogSource: zerohedgeJan 28th, 2019