A top Chinese regulator with influence over insurance companies personally asked JPMorgan’s chief executive Jamie Dimon for a “favor” to hire a young job applicant, the New York Times’ Dealbook said Sunday.… Continue Reading
A top police officer in Israel at the center of bribery allegations involving a prominent rabbi quit the police force Sunday.… Continue Reading
Several regional authorities have issued cease and desist orders to private clubs and high-end restaurants dining venues in public parks and cultural sites.
The venues have been criticized for occupying public space to serve government officials and business tycoons with exotic delicacies, fuelling the perception of official extravagance and corruption.… Continue Reading
Boards of directors in global companies are showing an increased interest in establishing financial crime committees and hiring notable experts to advise them.
Several well-publicized enforcement actions have provided the impetus by requiring companies to establish such board-level committees and add to their financial crime expertise.… Continue Reading