Rare news from Singapore: Former BP exec charged with taking bribes

A former executive of BP Singapore was charged Thursday with taking about $4.3 million in bribes from a local businessman.

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Tom Fox: Three enforcement weeks to remember

Jay Rosen wondered in December if companies would be more inclined to resolve outstanding enforcement actions under the outgoing Obama administration or wait to see what might happen under a Trump administration. The answer is now clear.

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Singapore to ban ex-Goldman Sachs banker who handled 1MDB bond business

Singapore authorities are banning the former director of Goldman Sachs in Singapore for ten years for his role in the 1MDB scandal.

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Former Goldman Sachs compliance techie settles SEC insider trading charges

A former Goldman Sachs Group Inc. compliance employee settled an SEC complaint Wednesday that accused him of using confidential data from emails for trades in at least four takeover targets.

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HSBC: SEC investigating Asia hiring practices

HSBC Holdings said in an earnings release Monday that the SEC is investigating the bank's hiring practices in Asia.

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Julie DiMauro on cheating trainees: A future where training and compliance are merged

Reports of trainee bankers cheating on internal exams at JP Morgan's New York office and at Goldman Sachs in London and New York point to the need to prepare for a future in which training and compliance are merged.

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JP Morgan fires trainees for cheating on basic math test

About a dozen trainees in JP Morgan's New York office were fired after they were caught cheating on a "basic" math test.

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BNY Mellon pays $15 million in FCPA settlement for internship hiring practices

The Securities and Exchange Commission Tuesday said BNY Mellon agreed to pay $14.8 million to settle charges that it violated the Foreign Corrupt Practices Act by providing valuable student internships to family members of foreign government officials affiliated with a Middle Eastern sovereign wealth fund.

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New SEC subpoena asks if BNY Mellon hired government officials

In a securities filing this month, Bank of New York Mellon Corp. said it received a subpoena from the SEC asking about job offers to government officials and internships awarded to their family members.

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SEC recommends FCPA charges against BNY Mellon for sovereign wealth fund practices

Bank of New York Mellon Corp. said the SEC has recommended an enforcement action for possible FCPA violations related to the bank's dealings with sovereign wealth funds.

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Deutsche Bank sues former senior executive over Hong Kong money transfer

Image courtesy of Deutsche BankDeutsche Bank AG has filed a lawsuit against its former employee Zhang Hongli, also known as Lee Zhang, for transferring $3.9 million to a bank account in Shenzhen.

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Report: Princeling probe spreads to Deutsche Bank

Deutsche Bank is under investigation for whether it hired the children of Chinese government officials as a way to win work, according to a Reuters report based on unnamed sources.

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