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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

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.

In an SEC filing Friday, BNY said it received a so-called Wells Notice in the fourth quarter of 2014, and some current and former employees had received the same notice in the third quarter.… Continue Reading

China Resources chairman fired in graft scandal

Song Lin, the chairman of state-controlled China Resources, was fired Sunday for “suspected serious violations of discipline and law violations.”

China’s Xinhua news agency said Song, 51, was dismissed from his post as chairman and party boss of China Resources Holdings, the parent group of five Hong Kong-listed companies.… Continue Reading

We love the rogue trader, until rogue means money lost

Look closely at traders who are performing significantly above their peers or the market. They have been trading outside of the risk criteria of their employers for a while, most likely. They are making money, so the behavior is tolerated and even rewarded.… Continue Reading