Will top bankers’ behavior ever land them in jail? Or are bad business decisions even a crime at all? Five years on from the bankruptcy of Lehman Brothers, the debate over how to hold senior bank bosses to account for failures is far from over, but legal sanctions for top […]
Tag: Regulators
Japan regulator probing Deutsche Bank entertainment of pension clients – sources
Japan’s securities market watchdog is investigating whether Deutsche Bank AG (GER:DBK) employees provided excessive entertainment to Japanese pension fund executives in breach of regulations, sources with knowledge of the matter said. The Securities and Exchange Surveillance Commission (SESC) found evidence of potential infractions during a regular audit of Deutsche Securities […]
Millions To Share £1.3bn Bank Compensation
Regulators have confirmed a compensation fund of £1.3bn for up to seven million victims of another insurance mis-selling scandal. The announcement, which was made 12 hours after Sky News was handed details of the Financial Conduct Authority’s agreement with banks , outlined how Card Protection Plan Limited (CPP) and 13 […]
