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Showing 11 - 20 of 22 results for "Department of Justice"

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... charged over their alleged participation in the manipulation scandal in September 2019. The conduct, the US Department of Justice alleged, spanned over eight years and involved thousands of unlawful trades for precious metals futures contracts. Those ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) resolves all criminal and civil charges against the besieged bank. In settlement with the SEC, Wells Fargo has agreed ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... offset by amounts already paid in relation to parallel criminal action taken against Leissner by the US Department of Justice.

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
The US Department of Justice has reached a settlement in its case against assets acquired by Low Taek Jho, also known as Jho Low, and his family. Jho Low allegedly misappropriated funds from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad ...

CFA Institute settles hiring dispute

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
The CFA Institute has settled with the US Department of Justice over the practice of hiring temporary overseas exam graders. The global association of investment professionals will pay a fine of US$321,000 ($446,768) following an investigation into ...

Credit Suisse under investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
... in regards to potential violations of the US' Foreign Corrupt Practices Act and other civil statutes. The Department of Justice and the US Securities and Exchange Commission are among those investigating whether Credit Suisse hired referrals from government ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

Advisers eye opportunity in identity theft protection

LAURA MILLAN  |  FRIDAY, 25 JUL 2014
... including RFID chips that are used by 'tap and go' credit cards, passports and mobile electronic devices. The US Department of Justice said that approximately 7% of households are the victims of identity theft each year. The country has introduced new ...

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
... government's civil lawsuit against credit rating agency Standard & Poor's Rating Services. Early this month, the US Department of Justice sued the agency for fraud in relation to the rating of mortgage-backed securities in the years leading up to the ...

US insider trading probe rocks hedge fund community

JOHN MCDULING  |  WEDNESDAY, 24 NOV 2010
... raided. And overnight, the scandal took another twist with mutual fund providers receiving subpoenas from the Department of Justice. Janus Capital, which has an office in Melbourne, confirmed in a regulatory filing that it "has received an inquiry regarding ...