[ad_1] A special committee at the Federal Deposit Insurance Corp. said it had hired the law firm Cleary Gottlieb Steen & Hamilton LLP to conduct a review into the workplace…
Tag: corporate crime
FTC Probes Chevron’s $53 Billion Deal for Hess
[ad_1] Updated Dec. 8, 2023 11:34 am ET The Federal Trade Commission is investigating Chevron’s $53 billion proposed deal to buy Hess, the second-biggest oil megamerger this year. Chevron and…
Switzerland Charges Trafigura and a Former Top Executive With Bribery
[ad_1] Updated Dec. 6, 2023 1:21 pm ET Swiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the…
Royal Bank of Canada Fined C$7.5 Million Over Money-Laundering Lapses
[ad_1] OTTAWA—Canada’s financial-intelligence agency said Tuesday it has fined Royal Bank of Canada, the country’s largest lender by market capitalization, for failing to comply with the country’s rules aimed at…
Activist Nuns, With Stake in Smith & Wesson, Sue Gun Maker Over AR-15 Rifles
[ad_1] Updated Dec. 5, 2023 3:49 pm ET A group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker Smith & Wesson to drastically change the way…
Pro Take: Nine West LBO Payouts Upheld, a Blow to Creditors
[ad_1] Dec. 5, 2023 9:00 am ET|WSJ Pro More than $1 billion doled out to shareholders in Sycamore Partners’ 2014 buyout of retailer Nine West and other apparel brands owned…
Tucker Carlson’s Longtime Producer Is Accused of Sexual Assault
[ad_1] A top producer for Tucker Carlson who is helping build his new media company has been accused of sexually assaulting a former Fox News staffer when they both worked…
China Evergrande Avoids a Debt Disaster—for Now
[ad_1] China Evergrande Group, the giant property developer whose default two years ago fueled a crisis in the country’s real-estate market, got some unexpected good news on Monday. The company,…