Tag: Criminal charges

U.S. Regulators Begin Settlement Talks with Commerzbank

U.S. Regulators Begin Settlement Talks with Commerzbank

According to sources with knowledge of the matter who recently spoke with the New York Times, U.S. state and federal authorities have initiated preliminary settlement talks with German Commerzbank AG (ADR) (OTCMKTS:CRZBY) (ETR:CBK) over the bank’s alleged illegal dealings with Iran […]

By Deutsche Bank AG (GIF format logo) [Public domain], via Wikimedia Commons

Deutsche Bank Warns Investors On Forex Probes

It appears that Deutsche Bank AG (NYSE:DB) (ETR:DBK) is coming to grips with the fact that it will be fined by various regulatory agencies following investigations begun last year into the bank’s role in currency manipulation that has seen over two […]

Public_Domain_Photography / Pixabay

Tensions Rise As Singapore Deports, Charges Immigrants

On December 8th, Singapore suffered its worst outbreak of public violence and protest in decades, following the death of an immigrant worker in a bush crash accident. Several police cars were torched, property was destroyed, and numerous people were injured. […]

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SAC To Pay $1.8 bn For Insider Trading: US Attorney

SAC to pay $1.8 bn for insider trading: US Attorney (via AFP) Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney’s office announced […]

See page for author [Public domain], via Wikimedia Commons

SAC Capital Attempts To Settle Insider Trading Charges

Lawyers representing Steven Cohen’s SAC Capital Advisors initiated a settlement talk with prosecutors in Manhattan last week, sources familiar with the matter told Sheelah Kolhatkar of Bloomberg Businessweek.  Steven Cohen is interested in settling the criminal charges against his $15 billion […]