Financial Services Weekly News - February 2015
The FDIC featured an article titled "A Framework for Cybersecurity" in the Winter 2015 issue of Supervisory Insights released Feb. 1, 2016. The article discusses the cyber threat landscape and outlines...
View ArticleTrudeau Said To Tie Bombardier Aid to Governance Changes
The Canadian government is pushing for changes in the dual-class share structure of embattled aircraft manufacturer Bombardier Inc. in exchange for possible financial aid, officials familiar with the...
View ArticleSparton Corporation Names New Interim President and CEO
Also effective immediately, Joseph J. Hartnett, current Chairman of the Board of Directors, has been appointed as interim President and Chief Executive Officer and will serve in that position until a...
View ArticleSupply Chain Predictions 2016 from the Analysts
Last week as usual at the start of each year ran a summary of supply chain predictions for 2016 from this year's virtual panel of supply chain experts Once again this year, we follow that column up...
View ArticleSeven & i's 83-year-old CEO quits after board rejects his proposal
The veteran boss of retail group Seven & i Holdings Co Ltd , who pioneered 24-hour convenience stores in Japan four decades ago, said on Thursday that he is stepping down to take responsibility for...
View ArticleColombia accepted into OECD Corporate Governance Committee
Colombia was accepted into the Corporate Governance Committee of the of the international economic organisation OECD on Wednesday, marking a step towards the full membership sought by the South...
View ArticleVerily's CEO is under fire for awarding a research contract to a luxury...
Andrew Conrad, who runs Google's ambitious biotech offshoot, successfully pushed the company to award a research contract to a luxury health clinic he largely owns that has no documented experience...
View ArticleSEC Chair Warns Silicon Valley That Unicorns Need To Be Watched and Monitored
Speaking last week at the SEC's and Rock Center's Silicon Valley Initiative at Stanford Law School, SEC Chair Mary Jo White cautioned Silicon Valley's start-up companies regarding their potential lack...
View ArticleSecurities Enforcement Alert: SEC Increases Scrutiny of...
Securities Enforcement Alert: SEC Increases Scrutiny of "Unicorns" and Other Private Companies and Secondary Market Trading of Pre-IPO Shares - Urges Private Companies to Adopt Enhanced Controls Long...
View ArticleBusinessman viewing graphs through telescope standing on financial figures
Encouraged by the SEC, companies are finding new ways to make 10-Ks and other disclosures more relevant and reader-friendly. In December 2013, the Securities and Exchange Commission sent a report to...
View ArticleHinsdale D86 Again Earns Certificate of Excellence in Financial Reporting
Hinsdale, IL - Hinsdale Township High School District 86 reported that the Association of School Business Officials International has again awarded its Certificate of Excellence in Financial Reporting...
View ArticleBrookfield Asset Management Inc. (BAM) Downgraded by Zacks Investment...
According to Zacks, "Brookfield Asset Management Inc. is an asset manager. Focused on property, power and infrastructure assets, the company has assets under management and is co-listed on the New York...
View ArticleHK tycoon David Li resists activist investor Elliott's attack on BEA
Bank of East Asia shareholders approved all resolutions put at its annual meeting on Friday, rejecting calls by U.S. activist investor Elliott Management Corp to defy the board, although one resolution...
View ArticleUPDATE 1-HK tycoon David Li resists activist investor Elliott's attack on BEA
Bank of East Asia Chairman and Chief Executive David Li looks on behind a logo of the bank during a news conference in Hong Kong, China, in this February 15, 2016 file photo. ) shareholders approved...
View ArticleStarboard Targets a Painkiller's Pain
Depomed CEO Jim Schoeneck and his team may have thought they were in the clear. It's been about nine months since the maker of drugs for severe pain snubbed an...
View ArticleHKEx unveils new guidelines for companies facing allegations of fraud or...
Hong Kong-listed companies which are alleged to have fraud or false accounting problems will need to issue clarification announcements or their shares must be suspended from trading, according to a...
View ArticlePeter Currie, Peter Chernin to exit Twitter board
Hugh Johnston and Martha Lane Fox will succeed Currie and Chernin as members of the board. The company said in an April 8 SEC filing that Currie and Chernin had requested the nominating and corporate...
View ArticleGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been...
Gainey McKenna & Egleston announces that a class action lawsuit has been filed against TerraForm Power, Inc. in the United States District Court for the District of Maryland on behalf of a class...
View ArticleNSWMA vows to clean up act
THE National Solid Waste Management Authority says it has identified the four areas of highest priority for action, which coincide with the recent investigative report of the Office of the Public...
View ArticleThis Week In Securities Litigation
The Foreign Corrupt Practices Act was a key focus this week. The DOJ announced a new one year Pilot Program which holds the promise of a significant reduction in penalties if the firm self-reports and...
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