Scandals Financial News

09.08 / 07:39

UPS Citizens Assurant Celebrity country rock Lee Scandals International Singapore PM Lee assures citizens, international partners of government's honesty, integrity amidst spate of political scandals

Singapore Prime Minister Lee Hsien Loong has assured that his government would maintain its high standards of honesty, integrity and propriety which its citizens expect of it, as the city-state witnessed a spate of political scandals in recent months. «Some have asked what these incidents say about the Government. My answer is this: Such issues come up from time to time,» Prime Minister Lee said in his National Day message on Tuesday.

10.04 / 23:05

Citi Man CEO Scandals FCA boss Nikhil Rathi on staff burnout and scandals: ‘I didn’t want to be a CEO that just talked about doing things’

The Financial Conduct Authority reached its 10th birthday on 1 April. It's been quite the ride, including for the man at the top of the markets watchdog, Nikhil Rathi.

31.03 / 23:07

CEO Scandals FCA at 10: Nikhil Rathi’s ‘important choices’ amid staff rebellion and scandals

“I didn’t want to be a CEO that came in and just talked about doing things,” Nikhil Rathi says, reflecting on his two-and-a-half years in charge of the Financial Conduct Authority.

21.07 / 13:45

Scandals ESG scandals put pressure on fund boards: ‘If things go pear-shaped, they will be held accountable’

It’s been a tough year for ESG. The swift regulatory response to allegations of greenwashing has spooked asset managers.

28.06 / 10:23

COST Progressive CEO Scandals Credit Suisse vows to overhaul its risk management after a litany of scandals

Credit Suisse has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite what its CEO called a «challenging» environment.

02.06 / 13:31

Scandals audit The UK’s diluted audit effort cuts red tape — until the next string of scandals

Brexit was supposed to make regulatory change more agile. Yet the government has been so slow with reforms to the audit regime that there is a risk that by the time it gets its act together the whole thing will have been taken over by robots.

01.06 / 17:23

Scandals audit The UK’s diluted audit effort cuts red tape — until the next string of scandals

01.06 / 15:29

Scandals audit The UK’s diluted audit effort may prove a missed opportunity until the next string of scandals

27.04 / 06:29

Scandals LGIM to vote against exonerating Credit Suisse board after scandals

Legal & General Investment Management will vote against absolving senior Credit Suisse executives of responsibility after a series of scandals engulfed the Swiss lender last year.

26.04 / 17:07

Scandals LGIM to vote against exonerating Credit Suisse board after scandals

Legal & General Investment Management will vote against absolving senior Credit Suisse executives of responsibility after a series of scandals engulfed the Swiss lender last year.

26.04 / 02:07

Scandals LGIM to vote against exonerating Credit Suisse board after scandals

Legal & General Investment Management will vote against absolving senior Credit Suisse executives of responsibility after a series of scandals engulfed the Swiss lender last year.

11.03 / 13:17

Exodus Shell Scandals Credit Suisse shells out $432m to keep hold of key staff amid scandals

Credit Suisse paid out nearly CHF400m ($432m) to keep hold of key staff in 2021 — more than eight times what it shelled out the previous year — as it looked to stem an exodus of talent in the wake of successive scandals.

10.03 / 10:33

Exodus Shell Scandals Credit Suisse shells out $432m to keep hold of key staff amid scandals

08.12 / 16:20

UPS Citi Scandals City donations to Conservative Party spike despite scandals

City donors ramped up their contributions to the Conservative Party in 2021, despite mounting concern over Boris Johnson's premiership, his government's perceived flouting of their own Covid-19 rules and frustrations over Brexit.

01.12 / 11:51

Assurant Scandals KPMG threatened with ban on government contracts in wake of scandals

KPMG has been threatened with a ban on bidding for public contracts by the Cabinet Office.

17.11 / 17:45

Art Entertainment MPs Scandals Boris Johnson faces grilling by MPs over 'sleaze' scandals

Boris Johnson appears before a UK parliamentary committee on Wednesday, under pressure over the government's handling of the COVID-19 pandemic and a row over "sleaze" that has rocked the ruling Conservative Party.

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