According to sources familiar with the matter at hand, Nasdaq Inc is set to unveil stricter regulations on initial public offerings (IPOs). The move is aimed at bringing increased transparency, especially for some Chinese companies, who want to debut on… Read More ›
internal investigation
Swedbank suspends Estonian heads in Danske Bank probe
The suspensions are aimed at helping Swedbank with discussions with authorities in the ongoing Danske Bank probe. In a significant development, Swedbank has suspended, with immediate effect, the two most senior executives at its Estonian business, which is being investigated… Read More ›
Christian Meunier resigns from Nissan Motor’s premium Infiniti division
Christian Vandenhende, Nissan Motor’s chief quality officer, will now lead the Infiniti division until a new head is announced. In a statement, Nissan Motor Co said, its premium Infiniti division will soon announce a new acting global head for its… Read More ›
Widening corruption scandal at Airbus spreads across the Atlantic to the U.S.
The use of middle men to pursue military sales is having a material impact on Europe’s biggest airplane maker. On Tuesday, Airbus stated it had uncovered serious issues involving the use of sales agents to sell U.S. arms technology. The… Read More ›
Former Fiat Chrysler executive charged with payoff scheme
Both, Fiat Chrysler and the United Auto Workers union have denied knowledge of the scheme. Three people were indicted in this pay off scheme. On Wednesday, a former vice president of Fiat Chrysler has been indicted for making $1.2… Read More ›