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Showing 21 - 30 of 59 results for "US Department"

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... the planet has found itself in these days of the coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans - around 18% of working population - applied for unemployment benefits ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... since 2016. 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 ...

Former Goldman Sachs exec charged over $62m bribery

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

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... SEC-registered RMBS offerings to exist in a compliant manner. Public input from investors has been requested. A recent US Department of Treasury housing reform plan recommended that the SEC review RMBS asset disclosure requirements. In Australia, RMBS ...

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 ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... higher even higher to 97.4890. While Trump only nominated China and Europe in his "currency manipulation" tweet, the US Department of Treasury Office of International Affairs had already put nine countries on its "Monitoring List" two months before in ...

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 ...

ACDC to power new battery ETF

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
... so companies included in the ACDC ETF and involved with this research must show they have been recommended by the US Department of Energy," Walesby said. Speaking of the Future Present range, Walesby said ETF Securities' idea was to allow investors to ...