Browsing: scandal

Forward look: Veteran financial services executive Curt Queyrouze will take office as CEO of Port Angeles Washington-based First Northwest Bancorp on Sept. 17.Key insight: Queyrouze has…

Deutsche Bank chief executive Christian Sewing has become embroiled in a €152mn lawsuit that alleges he was involved in a decade-old cover-up of financial crisis-era transactions.A…

Unlock the Editor’s Digest for freeLiquidators who are trying to recoup billions of dollars siphoned initially from Malaysia’s sovereign wealth fund are seeking more than $2.7bn…

Unlock the Editor’s Digest for freeA Swiss ex-banker who revealed the plunder of Malaysia’s 1MDB state investment fund is seeking $18mn in victim compensation from a…

Stay informed with free updatesA former Credit Suisse banker who was paid $200,000 by a senior colleague using money from bribes has been banned from UK…

Kohl’s (NYSE: KSS) board of directors acted swiftly last week when it was reported that now-former CEO Ashley Buchanan funneled multimillion-dollar deals to his romantic partner.…

Toronto-Dominion Bank slashed last year’s pay for its top U.S. executive, Leo Salom, in the wake of its historic money-laundering scandal but also said it will…

The Office of the Comptroller of the Currency Tuesday fined three former Wells Fargo executives for failing to report misconduct at the bank from 2013 to…

Unlock the Editor’s Digest for freeFormer Swedbank chief executive Birgitte Bonnesen is facing 15 months in prison after a Swedish appeals court convicted her of spreading…