News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’

[ad_1] Fed: US Federal Reserve officials are expected to hold interest rates steady at a 22-year high of 5.25 to 5.5 per cent when they announce their latest monetary policy…

Car finance misconduct probe could lead to compensation payouts

[ad_1] The issue in question relates to discretionary commission arrangements across the motor finance market before the practice was banned in 2021. Thursday 11 January 2024 13:29, UK The City…

SpaceX Accused Of Illegally Firing Staff Who Criticized Elon Musk

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Singapore Fines Credit Suisse for Bankers’ Misconduct

[ad_1] Dec. 28, 2023 12:08 am ET Singapore imposed a penalty of 3.9 million Singapore dollars (US$3.0 million) on Credit Suisse for failing to prevent or detect misconduct by its…

Singapore Penalizes Credit Suisse For Misconduct By Bankers

[ad_1] Singapore penalized Credit Suisse S$3.9 million ($3 million) for its failure to prevent or detect misconduct by its relationship managers in the city-state. The bankers had provided clients with…

Ex-BP boss to lose £32m after ‘serious misconduct’ – BBC News

[ad_1] By Tom Espiner Business reporter, BBC News 13 December 2023, 17:17 GMT Updated 33 minutes ago Image source, Getty Images Former BP boss Bernard Looney will forfeit up to…

BP Docks Former CEO Bernard Looney as Much as $40 Million Over ‘Serious Misconduct’

[ad_1] Updated Dec. 13, 2023 1:07 pm ET LONDON—BP said former Chief Executive Bernard Looney will lose out on as much as $40.6 million in compensation as the result of…

Ex-BP boss to lose £32m after ‘serious misconduct’

[ad_1] Mr Looney is dismissed without notice after BP finds he misled board over colleague relationships. [ad_2] Source link

Opinion: The CFC misconduct decision, and what comes next

[ad_1] The London market was rocked last week by the news that CFC group CEO David Walsh and CFC Underwriting CEO Graeme Newman were to leave the MGA following a…

Misconduct scandal left CBI facing disproportionate scrutiny, says boss

[ad_1] The CBI has come under disproportionate scrutiny after a misconduct scandal that pushed the UK’s most prominent business lobby group to the brink of collapse this year as companies…