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Two Alstom execs charged in foreign bribery scheme
WASHINGTON, April 16 (Reuters) – Two executives of the U.S. arm of French power and transport engineering company Alstom were charged for their roles in an alleged scheme to pay bribes in Indonesia,…
CORRECTED-Ex-Freddie execs lose bid to toss SEC lawsuit
(Corrects first paragraph to state that “two other one-time executives lost their bid” rather than “three other,” and corrects typo in third paragraph: “exposure” instead of “exponsure”)
3 JPMorgan Chase execs may depart as CEO Jamie Dimon acknowledges ‘terrible, egregious mistake’ on trading
The embarrassing losses at megabank JPMorgan Chase reverberated in Washington, Wall Street and on the campaign trail Sunday, with JPMorgan Chase chief executive Jamie Dimon acknowledging that the bank “made a terrible, egregious mistake” by dismissing worrisome signs earlier this … Continue reading
UPDATE 2-Indonesia bans foreign chief execs from wholly owned local firms
JAKARTA, March 10 (Reuters) – Indonesia has issued a decree banning foreign chief executives from running wholly owned local companies but said the regulation would not apply to companies with foreign investors, a senior Labour Ministry official told Reuters on … Continue reading