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Huawei Exec Says WSJ Figure Of $75B In Aid "Really Not Fair"
Chinese telecom giant Huawei came under fire Wednesday after The Wall Street Journal reported that an in-depth review found the company benefited from $75 billion in state support. 0 read more.....»»
Here's how much your state spends on retirement
24/7 Wall St. reviewed state and local pension fund contributions to identify the states that are spending the most to fund resident.....»»
U.S. probes Deutsche Bank"s dealings with Malaysia"s 1MDB: Wall Street Journal
The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday......»»
U.S. probes Deutsche Bank"s dealings with Malaysia"s 1MDB: WSJ
The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday......»»
"Wolf of Wall Street" producer charged with 1MDB money laundering in Malaysia
Malaysia on Friday charged one of the "Wolf of Wall Street" film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB)......»»
The Wall Street Journal: Pension giant Calpers may take investing cue from Warren Buffet
The nation’s largest pension fund is considering a new strategy: setting up multibillion-dollar funds to buy and hold private companies for the long haul, replicating the approach of Warren Buffett’s Berkshire Hathaway Inc.....»»
The path to career success used to be at big-name firms — but that might no longer be the case
Noam Galai/Getty Images Sallie Krawcheck is a former Wall Street exec. Now, she is the CEO of t.....»»
New York top court narrows Martin Act in $11 billion Credit Suisse case
NEW YORK (Reuters) - New York's highest court on Tuesday curbed the state attorney general's ability to fight fraud on Wall Street, awarding a victory to Credit Suisse Group AG as it tries to end an $11 billion lawsuit over risky mortgage securities......»»
The Wall Street Journal: U.S. to weigh waivers on Iran sanctions on ‘case-by-case basis’
The Trump administration will consider requests for waivers from economic sanctions against Iran on a “case-by-case†basis, a senior State Department official said Monday, a step back from threats to insist on zero imports by a Nov. 4 deadline......»»
The Wall Street Journal: Qatar fund buys New York’s Plaza Hotel for $600 million
A fund controlled by the Gulf state of Qatar has emerged as a surprise buyer of New York’s famed Plaza Hotel, according to people familiar with the matter......»»
The Wall Street Journal: Calpers may hire China’s foreign-exchange regulator as its investment chief
An official with China’s foreign-exchange regulator is the lead candidate to become next investment chief of the largest U.S. public pension fund, according to people familiar with the matter......»»
The Wall Street Journal: Activist investor Legion, California pension fund build stake in Papa John’s
Activist investor Legion Partners has built up a stake in Papa John’s International Inc., the pizza chain that has been embroiled in a dispute with its founder for the last several months......»»
Goldman Sachs bankers "cheated" Malaysia over 1MDB: PM Mahathir
Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc "cheated" the country in dealings with state fund 1MDB and that U.S. authorities have promised to help return the fees the Wall Street bank earned from the fund......»»
Another ex-State Street exec sentenced to prison for fraud
Former State Street Corp. executive Edward Pennings was handed a six-month prison sentence on Wednesday following a guilty plea in a case over an alleged scheme to secretly overcharge the company’s clients by millions of dollars. The sentencing co.....»»
Nissan exec in misconduct case hires powerful Nashville attorney
Greg Kelly, one of two Nissan executives who were fired and arrested last week for alleged misconduct, has retained powerful Nashville attorney Aubrey Harwell, The Wall Street Journal reports. Japanese prosecutors and company officials have accused Niss.....»»
Report: China offered to bail out 1MDB, which is at center of global scandal
Senior Chinese leaders offered to help bail out Malaysia’s state-owned 1MDB investment fund in 2016, the Wall Street Journal reported, citing minutes from meetings it reviewed......»»
Malaysia probing if China offered to bail out fund at center of global scandal
Malaysia is looking into allegations that China offered to help deter probes into 1MDB in exchange for infrastructure projects, after the Wall Street Journal reported that senior Chinese leaders offered to help bail out the troubled state fund in 2016......»»
State Street Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street"s Most Accurate Analysts
State Street Corporation (NYSE: STT) is set to release earnings results for its first quarter before the opening bell on April 12, 2024. Analysts expect the Boston, Massachusetts-based company to report quarterly earnings at $1.50 per share, .....»»
ETF Wrap: ETF Wrap: Bitcoin miner or gold miner? Here’s where Wall Street winners put their bets
Every week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance......»»
State Street exec Phelan sells 50,000 common shares
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»